No. of Recommendations: 0
I need to balance my investment portfolio. I check on bonds and was disappointed that the yields were not as good as I thought.

My portfolio is a retirement (tax free for now) IRA, so tax free muni's do not make much sense to me.
I have cash in my brokerage account. The rate they are paying is now 5.50%, because it is tax free, for now, I calculated the yield at about 7.5%. The account also is very flexible, which is a plus.

My question is:
1) should I leave it where it is?
2) should I continue to search for bonds?
3) Or am I missing something here.
I would certainly apreciate some help here. I am 58 years old if that helps with your recommendation.
Thanx and FOOL ON
ADDENDUM. I have bought into FNM Fannie Mae, should I increase my holdings there?

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