Lakedog
Full time employment: Posting here.
- Joined
- May 23, 2007
- Messages
- 984
Had been 60% equities but moved that up to 70% yesterday (added more VTI, VYM, GE, MO). Plan to increase equities if market continues to drop.
But for those of you hoping to RE in 5 - 10 years and have substantial assets already accumulated, this may not be the boon you're thinking it is....... But I hope it works out OK for all!
I know what you mean. I watch over my mom's money, and a couple weeks ago I moved about $150K in her account from one standard money market fund to a Treasury money market fund. We lose about 0.6% in yield, but you know what they say -- there are times when return OF investment is more important than return ON investment...It's the short term funds that's got me taking action. With all this upheaval I've got to make sure my "bucket" holding the next 2 to 3 years in cash is solid and protected. Fortunately, the FED is guaranteeing my money market funds for the next year, supposedly, but I'm looking at ways to make things more officially insured. I don't want a sudden interruption in my short term cash flow.
I'm feathers and eggs all the way.how many have changed their minds over the last few weeks about whether they are truely aggressive investors who are usually 70-100% equities?...im glad that over the last few years i shifted from 80-90% equities to my 45-50% and sleep a lot better for it.
It's my dream to be able to say the exact same thing some day...I'm half retired (DW didn't feel like quitting yet).
although im a big believer in being well diversified and i doubt ill ever pull out i tend to think you maybe right in your prediction and while id love to give you a good argument for why you shouldnt be out i really cant argue with you. you just may be right.
The right allocation seems to do that for me. I have been sleeping like a baby (only longer and more soundly).After living through the crash in '87 and then the long slow market drop after 9/11, I learned that I don't have the stomach for a high percentage of equities. So, over the years I've slowly backed off to about 30% equities. Sure, I miss out when the market rallies, but at least I can sleep reasonably well when the market is volatile (and dropping) like it is now.
After living through the crash in '87 and then the long slow market drop after 9/11, I learned that I don't have the stomach for a high percentage of equities. So, over the years I've slowly backed off to about 30% equities. Sure, I miss out when the market rallies, but at least I can sleep reasonably well when the market is volatile (and dropping) like it is now.