Q: Hi, I am wondering what percentage split one should have between long term bonds and short term t-bills on the cash side of their portfolio. I realize that it is somewhat an individual choice, but can you give me a ballpark kind of split. My investments are presently 70% equities, and 30% cash equivalents. Thanks
5i Research Answer:
Interest rates are hard to predict, so we prefer a mix. Also, we tend to keep 'cash equivalents'...