Based on the current risks of interest rate hikes, would you allocate a large chunk of cash to either VCADX or VCLAX? I'm saving up for either a down payment or a market correction. Whichever comes first really (my crystal ball sucks though so it might become a down payment).
I'm new to bonds outside of tax sheltered accounts and not very risk tolerant (at least not enough to put this money into equities right now) and could use some guidance. I guess I'm trying to fend off inflation. Am I thinking correctly here?
I'm a CA resident and in a high tax bracket.
Many thanks in advance!
Submitted March 22, 2017 at 05:59PM by ughashaka http://ift.tt/2mRSDdk
