Hi all,
I'm early on my Mustachian journey here. Trying to consolidate a number of disparate investments into something closer to the "Investment Order" sticky post on this sub.
One I'm having trouble with is an investment set up a long time ago for my wife by my mother in law - an ultra short bond, CULAX, currently around $26,000 in value.
According to this link, it has returned under 2% over the past decade, and has higher than average fees for the category.
https://money.usnews.com/funds/mutual-funds/ultrashort-bond/calvert-ultra-short-duration-income-fund/culaxWhat should I do?
1. Sell and put the cash somewhere else (turbocharging 401k / IRA contributions next year when I'll have access to an employer 401k, transferring to Vanguard index fund, etc)
2. Transfer to another Calvert asset, closer to Vanguard
3. Keep as part of our allocation for some reason I'm not aware of?
Thanks for any help you can give to a newb!