Which is a better way to hold cash equivalents in a tax-deferred retirement account? T-Bills of a year or less or a Short-Term Bond Fund with average duration of 3-5 years?
My main criterion is that the cash value of the holding reliably not decline during stock downturns or bear markets--I want to be able to pull cash out either to use for living expenses or to buy equities during downturns or both.
What are the advantages and disadvantages of each?
My main criterion is that the cash value of the holding reliably not decline during stock downturns or bear markets--I want to be able to pull cash out either to use for living expenses or to buy equities during downturns or both.
What are the advantages and disadvantages of each?
Statistics: Posted by duffer — Tue Feb 27, 2024 7:15 pm — Replies 4 — Views 600