Originally Posted by Mark1
I seem to have 2 conflicting rules in my portfolio managing strategy right now.
Rule 1) Stay the course and follow the spreadsheet and rebalancing bands.
Rule 2) Don't invest in things you don't understand.
Right now I don't understand how the Market can be at its current level with the current state of the economy. I know that the Market looks into the future, but I don't remember it ever looking that far into the future (
Situation Normal, Defcon 5 AA for me is 50/50. That allows 15 whole years in fixed income. Currently I'm all bonds/cash since 3 Feb. Yes, I don't understand why the patient is moving either.
Given current circumstances I find it hard to believe there won't be a sufficiently conducive time to get back into the stock market in the next 15 years.
On top of that I will be 63 soon so I probably won't need 30 years worth of survivability.