No, it was to you. But really it was about definitions.I assume you're directing this at the OP, but I will answer for myself.We have the biggest chunks of our non-equity holdings in:I think 5 years of cash gives up too much potential return.
I keep 1 year in cash/t-bills and about 8 years in bonds.
1) The TSP G Fund (a stable value fund: “The G Fund’s investment objective is to ensure preservation of capital and generate returns above those of short-term U.S. Treasury securities.”)
2) Individual One-Year Treasuries
So the question is, are these cash or bonds? Are they different than one another? Are they bonds that behave like cash? Or none if the above?
These are reasonable questions and reasonable people could disagree on the answers. Which is why talking about cash vs. bonds is fraught, especially with more specifics on the actual investments held.
(We aren’t taking portfolio withdrawals as yet.)
The "cash" is HYSA, money market funds and t-bills.
The bonds are bonds, laddered. TIPS and nominal STRIPS. A little bit of bond funds, but just to be used if I want to rebalance into stocks.
So you consider T-bills to be cash, rather than bonds. That makes sense to me, but not everyone would agree.
Statistics: Posted by delamer — Thu Sep 26, 2024 7:25 pm
