Have about 10k in checking/savings (and increases every pay period).

Will be a 2-3 year investment?

Was looking at the Vanguard preset investment portfolio. Thoughts?

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Posted by PlanoPrivateer

Frisco, TX

Member since Jan 2004

2788 posts

Posted on 4/9/13 at 12:23 pm to Fun ShamWOW

Vanguard has many good choices. Call their help line and tell them what you are looking for in the amount of risk you are willing to take. I bought Vanguard Wellesley a little less than 2 years ago, I think. It is a balanced fund but with a bit of a change. They put 30% in stock mostly large cap value stocks. The rest is in intermediate bonds. Most balanced funds have a higher % in stocks. I consider it a little safer than some other balanced funds. Vanguard’s expenses are among the lowest in the business.

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Posted by Sigma

Fairhope, AL

Member since Dec 2005

3643 posts

Posted on 4/9/13 at 12:29 pm to PlanoPrivateer

quote:
Vanguard has many good choices. Call their help line and tell them what you are looking for in the amount of risk you are willing to take. I bought Vanguard Wellesley a little less than 2 years ago, I think. It is a balanced fund but with a bit of a change. They put 30% in stock mostly large cap value stocks. The rest is in intermediate bonds. Most balanced funds have a higher % in stocks. I consider it a little safer than some other balanced funds. Vanguard’s expenses are among the lowest in the business.

I use Wellesley for the same purpose. I keep about 6 months of expenses there. Even if bonds take a hit in the not too distant future, the distributions are pretty decent and still beat savings accts by a mile. If you want the flip of the bond/stock ratio, check out Wellington.

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