09-01-2018, 11:19 AM
The bonds can of course be sold, and I imagine that all the CDs and T-notes that IB has are aftermarket so I should be able to sell them again should I wish to do so. But I have to verify that.
But yes, the point would be to buy and hold until maturity. The house is not an urgent matter, it won't happen in the next 12 months. A market crash could happen. But I'm not too worried about the money being locked up for a few months, I do plan on keeping a bit (maybe 15%) as pure cash and if the rest is in a laddered portfolio (say with maturities at 2,4,6,8,10 and 12 months) then the majority of it should become available during a bear market.
This is kinda starting to sound like a plan, however I still need to figure out the currency hedge because the price of that is what decides if it's worth doing this instead of just sticking with 0.75% while keeping it in Euros.
But yes, the point would be to buy and hold until maturity. The house is not an urgent matter, it won't happen in the next 12 months. A market crash could happen. But I'm not too worried about the money being locked up for a few months, I do plan on keeping a bit (maybe 15%) as pure cash and if the rest is in a laddered portfolio (say with maturities at 2,4,6,8,10 and 12 months) then the majority of it should become available during a bear market.
This is kinda starting to sound like a plan, however I still need to figure out the currency hedge because the price of that is what decides if it's worth doing this instead of just sticking with 0.75% while keeping it in Euros.