Friday, October 8, 2010

Sold intermediate bonds bought pacific stock

Tayloe's personal account  ---  Today I sold $30,000 VFICX (intermediate bonds) and bought $20,000 VPACX (pacific index fund) and $10,000 VMMXX (money market).  I think interest rates and inflation may be going up, so I sold out of some of my intermediate bond fund and bought into Vanguard's pacific stock index fund and put the rest in money market.

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