Ok then, I'll let the more experienced bogleheads reply.We have a goal that is 10 years out. But having read heart wrenching stories on this forum about what it was like in 2008-2009 in real time (for example,) we are thinking of just buying an intermediate-term bond fund. We understand we may likely miss out on incredible gains. But this money is important to us. (And if the economy hit a major recession, we might even need to dip into this money. Our jobs are very “stock-like.”
I just wanted to confirm with more experienced Bogleheads that 10 years is not long-term enough to consider stocks low risk. Thank you!
In the meantime, I'll tell you this.
Keep your short-term money in liquid assets.
Keep your midterm money in bond like funds.
Keep your long-term money in equity/stocks.
It's up to you to decide how to Divvy that up.
Statistics: Posted by retireIn2020 — Thu Sep 19, 2024 2:25 am — Replies 14 — Views 812