As I reflect back, I am glad that I have mix of 60/40 AA for long term assets, individual stocks for dividend investing, and rental portfolio. I also have about 1-2 years worth of cash. I have paid off our mortgages for my primary and my investment properties, despite the math that indicates over a very long term stocks over-perform real estate and bond.
Now of course, if I knew (not conjecture) that the market would drop 30%+ the last 3 weeks, I would have change my actions, but going forward, I am not planning to change anything about my overall portfolio allocation.
Reading everybody's post about their reactions, I'm sensing those that are buy /hold are still committed to that strategy, including those that are 100%. Those who sold to cash are still committed to that strategy. Those who invest in real estate are doing the same. I am guessing that outside of those that are panicking right now, most people will stick with their strategy.
Is this correct? If you plan to change, what was your strategy before and what changes are you planning to make?
Now of course, if I knew (not conjecture) that the market would drop 30%+ the last 3 weeks, I would have change my actions, but going forward, I am not planning to change anything about my overall portfolio allocation.
Reading everybody's post about their reactions, I'm sensing those that are buy /hold are still committed to that strategy, including those that are 100%. Those who sold to cash are still committed to that strategy. Those who invest in real estate are doing the same. I am guessing that outside of those that are panicking right now, most people will stick with their strategy.
Is this correct? If you plan to change, what was your strategy before and what changes are you planning to make?