I have an aggressive portfolio with about 3/4 of my investment cash in it for the long haul 15+ years. I add to it about $300 a month.
I have 10k in an emergency fund, and 7k in a vanguard account that I kind of play around with.
I'm looking for a fairly safe fund for the 7k. I see that money as intermediary cash, as likely my 10k in savings will cover any emergency that occurs (covers health insurance deductible, full living expenses for 6 months).
I'm 24, single, live alone, no debt. 75k salary.
I'm thinking just dumping the 7k in VWINX wellesley (30%-50% income) and letting it ride until I need it for some reason. I'm really fond of the wellesley/wellington. I don't see a high equity allocation as acceptable for 3-5 years. What do you guys think?
Main objective is for it to remain intact and grow with inflation of 3-5 years. If it grows at a clip of 1-3% ontop of growing inflation, that's icing on the cake.
Submitted March 30, 2017 at 10:48AM by boshbosh92 http://ift.tt/2ocNlOt
