A timeline of 1-2-3 years should be in a money market. The timeline for the stock market is 10-80 years and onward. Short term bonds might be a fit for 2-5 years and intermediate bonds 10-20 years.My wife and I decided to move money to a MM account so we would be prepared to buy a second home. We did this because we are interested in buying this season, and a downturn in the market would be very hard for us to then purchase a home.
At the end of this season, should we be moving back into the market? If so, how should we do it (a bit at a time, lump, etc?). The plan would be to continue to look for houses next season if we are unsuccessful now.
If you do have reason at some point to change the risk exposure of a basket of money there is no point to doing it gradually. You either have a reason to do it or you don't.
Statistics: Posted by dbr — Tue Jul 02, 2024 8:57 am — Replies 6 — Views 560