Dd852
Full time employment: Posting here.
I'm not trying to proselytize - simply reporting. I was feeling fairly dark about the world's prospects and fairly uneasy about how the state of the equity markets didn't reflect this so decided to take some money off the table.
It helps that I'm 57 and my wife is 62 , no kids, and we currently spend <3% of liquid assets plus own our home outright - in other words, I don't feel I have to be in accumulation phase anymore.
I had been 60% equities 6% REIT fund and 34% fixed income (not counting the cash cushion at all - see below) - moving to 55-5-40.
If I count cash, we are 91% invested 9%cash - the cash is equivalent to 2.3 years spending so all in all I feel that I'm in a decently defensive mode.
As I said at the top, I'm not recommending or predicting - just reporting in case you find it interesting.
Further detail - fixed income is in BIV BND and BNDX, reit is VNQ and equities is VIG VTI and VT.
Good luck to all in 17.
It helps that I'm 57 and my wife is 62 , no kids, and we currently spend <3% of liquid assets plus own our home outright - in other words, I don't feel I have to be in accumulation phase anymore.
I had been 60% equities 6% REIT fund and 34% fixed income (not counting the cash cushion at all - see below) - moving to 55-5-40.
If I count cash, we are 91% invested 9%cash - the cash is equivalent to 2.3 years spending so all in all I feel that I'm in a decently defensive mode.
As I said at the top, I'm not recommending or predicting - just reporting in case you find it interesting.
Further detail - fixed income is in BIV BND and BNDX, reit is VNQ and equities is VIG VTI and VT.
Good luck to all in 17.