|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Investing/Strategies / Bonds & Fixed Income Investments |
||
|
URL:
http://boards.fool.com/charlie-youre-scaring-me-im-talking-with-a-17283236.aspx
|
||
| Subject: Re: Purchasing Bonds | Date: 5/29/2002 12:16 AM | |
| Author: iamdb | Number: 3779 of 34967 | |
|
Charlie, You're scaring me. I'm talking with a broker at Washington Mutual Financial (recommended by our accountant) about creating a five to seven year bond ladder with over $400 K of my 89-year old mother's money. I'd feel more comfortable buying Vanguard's Total Bond Market Index (VBMFX), Short-Term Bond Index (VBISX), or Intermediate-Term Bond Index (VBIIX), but I'm concerned about buying at a near peak NAV, given the unusually low interest rates. Her portfolio, after removing the IRA I inherited, is about $850 K. My thinking has been 40% in Vanguard's Total Stock Market Index (VTSMX), 10% in Vanguard's REIT index (VGSIX), and the remainder in fixed income investments. Our accountant and the broker question the wisdom of 50% in equities for an 89-year old women. Mom has brothers 102 and 96, as well as a sister 97. Advice is welcome. I know nothing about buying bonds. db |
||
| Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||