No. of Recommendations: 1
I understand asset allocation and the need for some liquidity. I own several equity funds: growth & value, small to large cap. These funds have consistently given an end of year distribution for the past 10 years, even in down (bear)markets. My portfolio will supplement my pension. I may or may not start drawing down at age 60. For the sake of discussion I want to draw out some money a particular down year. I own 10,000 share of various funds, if I take the year end distribution I don't affect the principal number of shares even in this down market. WHY SHOULD I OWN BOND FUNDS? I can always keep a small amount of cash in a MMF. Input appreciated.
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