No. of Recommendations: 1
It's my first time on this board, so please bear with me. (Bonds also still confuse me, so I hope not to sound too unintelligent here.)

I'm looking for someplace to keep my emergency fund -- the fund with three to six months' of living expenses stashed away in case of unemployment, catastrophy, etc. (Not a place to save for a car or anything like that. Hopefully I'll never have to access these funds.)

Anyway, I'm not looking for stellar returns as this isn't something I want to expose to too much risk. My initial thought was a short-term bond fund (from Vanguard). It seemed relatively stable for long-term holding and, as a bonus, would help balance out a heavily-weighted equity portfolio. Then I came across the Vanguard Inflation-Protected Securities Fund and I'm intrigued.

Anyone offer any thoughts on the pros and cons of this Fund as a place to stash emergency funds for, hopefully, the long term?

Thanks in advance for any and all comments.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.