AAII Melbourne IEG

 View Only
  • 1.  Short term bond funds

    Posted 08-28-2022 20:49
    Recently moved to Melbourne after sale of home in MN. Put majority of proceeds into short term investment grade fund. Hoping to use funds to purchase home in next 12 months. At that point, I would have owned fund for over two years. It's down seven percent YTD. Should I be concerned or will fund refresh itself and be ok? Thanks for your thoughts! 


  • 2.  RE: Short term bond funds

    Posted 08-29-2022 12:39
    As long as the Fed is raising rates I don't see how any long bond based fund is going to present positive returns.  How long will rates continue to rise?  Anybody's guess right now…


  • 3.  RE: Short term bond funds

    Posted 08-31-2022 12:19
    Fidelity currently offering 2.2% in mm fund, FZDXX. (100k min)