Hi all,
Wanted to hear from others on this site, on what portfolio mix you are currently running with (ie Stock vs Bond vs Cash/money market).
I currently have a mix of 60% stock, 18% bonds and 22% cash.
Given the uncertainty in Syria, QE pullback, replacement of Bernanke,
historical pattern of September being a bad month...I'm feeling like there could be a correction this month. Therefore, i was thinking of selling off some equities and waiting for the correction...and then maybe buying again once things become more clear (if that's even possible), say..first part of next year. Maybe going to 50% cash for a few months.
I know you'll probably counsel me to not try to time the market and stick with the long term plan, but given the gains we've already seen since October of last year, would it not be prudent to pull back some equity for cash ?
I know you folks are pretty darn savvy, and I appreciate hearing from a mix of opinions.
Thanks.
Wanted to hear from others on this site, on what portfolio mix you are currently running with (ie Stock vs Bond vs Cash/money market).
I currently have a mix of 60% stock, 18% bonds and 22% cash.
Given the uncertainty in Syria, QE pullback, replacement of Bernanke,
historical pattern of September being a bad month...I'm feeling like there could be a correction this month. Therefore, i was thinking of selling off some equities and waiting for the correction...and then maybe buying again once things become more clear (if that's even possible), say..first part of next year. Maybe going to 50% cash for a few months.
I know you'll probably counsel me to not try to time the market and stick with the long term plan, but given the gains we've already seen since October of last year, would it not be prudent to pull back some equity for cash ?
I know you folks are pretty darn savvy, and I appreciate hearing from a mix of opinions.
Thanks.