Hi, just joined and want to say what a find!! Probably the most useful site I have found.
After running through some of the worksheets and calculation programs here, I found (not to my surprize) that I'm fairly heavy in equities vs bonds (87% to 13%).
At 58 I should be more conservative but it seems that now is not the time to buy bonds since interest rates are sure to climb and soon.
I have been moving out of growth stocks to more value (i.e. into funds such as Vanguard Wellington and Dodge and Cox Balanced) plus that gets me more bond exposure. I was also thinking more of Total Bond funds or at least Intermediate.
What are your thoughts on moving to bonds at this point in the economy?
After running through some of the worksheets and calculation programs here, I found (not to my surprize) that I'm fairly heavy in equities vs bonds (87% to 13%).
At 58 I should be more conservative but it seems that now is not the time to buy bonds since interest rates are sure to climb and soon.
I have been moving out of growth stocks to more value (i.e. into funds such as Vanguard Wellington and Dodge and Cox Balanced) plus that gets me more bond exposure. I was also thinking more of Total Bond funds or at least Intermediate.
What are your thoughts on moving to bonds at this point in the economy?