Sold all TIPS, bonds and vipsx, two days ago. Proceeds sitting in prime
money mrkt. Will submit limit buy orders for VTI in vicinity of recent
mrkt. lows with portion of proceeds. Still holding adequate bond allocation,
all older 2-3% fixed I bonds and old EE's that pay 90% of 5 yr. treasury.
Call it Mrkt. timing, call it spinach, Mr. Swedroe's assessment that viewed
historically treasuries have more downside than upside is compelling.
Mr. William Bernstein's advice that one might consider a moderate increase
to the equity allocation during times of mrkt. stress is sounding more and
more timely. Hmmm, maybe timely is a poor choice of words