The next fund Category I plan to add to the WylieMoney slowly portfolio is an intermediate term bond fund.
When I first picked a fund from this category, the best option that met the criteria for my experiment was MGFIX Managers Bond My Post.
I'm gonna stick with MGFIX. There are a few bond funds that have posted better results this year, but Managers has a very solid long term performance, and the others have not been as consistent.
These days, bonds aren't necessarily going up when equities fall and vice versa. Regardless, on the next day the equity markets go up, I'll add MGFIX to the WylieMoney Slowly portfolio.
This will be the 17th of 20 funds I will add to the hypothetical portfolio so we will soon see if adding a $2500 to a fund a month turns out to have been a better strategy than investing all $50,000 back on May 1st 2007.
Did that sentence have a tense? Hmmm.