Hi Charles Joseph -Charles Joseph wrote: ↑Fri Jul 28, 2023 4:41 pm
I guess it's a matter of risk tolerance. But if I were OP and could wait up to eight years to use the money, I couldn't leave the money out of the market, or at least a majority of it. VBIAX (Vanguard Balanced Index Fund) is a "3" on the risk-reward scale, which recommends a holding period of "more than five years." That might be reasonable. But f the rest of my portfolio were in fixed income and this as OP says is a "small amount" of the total, I'd put it all in VTI. "I" being the operative word.
Jack Bogle often said that a simple Balanced Fund would serve the needs of most investors.
Best.
Tony