38Chevy454
Thinks s/he gets paid by the post
I am feeling it is time to change my allocations from being essentially 100% equities to something a little more conservative and diversified. Being 100% equities has not bothered me, and I have done well with good diversification within the equities
However, being approx 1 year from retirement it is probably good to become more diversified portfolio. I am nearly 51, and think a 70% equities, 30% income allocation would be good range for me. Allow some risk reduction and bit of moderating effect. Have high risk tolerance and generally a buy and hold type investor.
I have never been a big fan of bonds, I kind of think they are just a way to barely keep ahead of inflation. Not thrilled with options that are mainly gov't treasury based or similar like CD with their current miserable return rates. I am trying to educate myself on other options like high yield, corporate, REITs, bank loans, international, and other "income type" investments.
So I appreciate help with suggestions how to invest for the (new to me) income side of my portfolio. If it matters I use Fidelity as my brokerage provider. Thanks for any advice and suggestions
However, being approx 1 year from retirement it is probably good to become more diversified portfolio. I am nearly 51, and think a 70% equities, 30% income allocation would be good range for me. Allow some risk reduction and bit of moderating effect. Have high risk tolerance and generally a buy and hold type investor.
I have never been a big fan of bonds, I kind of think they are just a way to barely keep ahead of inflation. Not thrilled with options that are mainly gov't treasury based or similar like CD with their current miserable return rates. I am trying to educate myself on other options like high yield, corporate, REITs, bank loans, international, and other "income type" investments.
So I appreciate help with suggestions how to invest for the (new to me) income side of my portfolio. If it matters I use Fidelity as my brokerage provider. Thanks for any advice and suggestions