Should You Ditch Bonds for Money Market Funds?
A family friend recently asked me to look at her retirement investment portfolio. It’s advisor-managed and has an allocation one-third S&P 500-indexed annuity, one-third stock and bond ETFs, and one-third cash (government money market). Our friend is a recent retiree with a long planning horizon, so at first glance, I wondered why her portfolio had … Read more
