donheff
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
For many years I have been highly allocated to equities (over 80%). Just before the crash I liquidated a fair amount of those equities so I would have cash to pay off a mortgage (done yesterday) and would have a multi-year bucket for expenses. I have always been comfortable with substantial volatility because I have a Federal pension but I would like to move to reduce that volatility a bit now that DW is ER'd. I am currently at ~77% equities (in a mix of indexes), 12% bonds, and 11% cash equivalents. I would like to drop to about 60% equities but I am not sure when and how. I didn't want to do it after the crash because I knew the equities would rebound. But now things are quite a bit better although not back to DOW 14K.
Should I get more into bonds now or wait? If now, move in one big jump at the close of an up day, slowly move in? And, since I haven't paid much attention to bonds what sort of mix do people recommend? I want to stick with easy to use mutual funds - I have Vanguard, Fidelity and TSP (govmnt fund) to choose among. My current 12% is split about half and half in the TSP government fund and Vanguard intermediate term index with a small amount in VG short term investment grade.
Should I get more into bonds now or wait? If now, move in one big jump at the close of an up day, slowly move in? And, since I haven't paid much attention to bonds what sort of mix do people recommend? I want to stick with easy to use mutual funds - I have Vanguard, Fidelity and TSP (govmnt fund) to choose among. My current 12% is split about half and half in the TSP government fund and Vanguard intermediate term index with a small amount in VG short term investment grade.