Anything wrong with placing 90% of a lump sum retirement into a single fund like the Wellesley fund from Vanguard? The 40/60 split ... stocks to bonds seems conservative enough and if the market ever comes back it is my understanding I can roll it into the Wellington fund 60/40 split. The other 10% could go into Money Market for near term living expenses. Would it be too simple to pick just "one" fund? What about placing everything with one company? Would you split a lump sum between several companies for safety? Thanks for your input. Jack.
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