Yea, I put 90% into a vanguard preservation fund 2 months ago.
It doesn’t move but loses against inflation.
That’s the key issue for retirees or near retirees. How to beat inflation when the stock market has run up and now correcting fast.
No value in bonds or money markets. Researching TIPS, now.
I’m watching the portfolios of proven bond investing Mutual Funds, like Vanguard, Fedelity, Loomis-Sayles. I’ll likely go into who has the lowest present duration, since they will be able to respond to rising rates better.