Selling Stock Funds Now is OK?
- Thread starter retiringby50
- Start date
flyingaway
Full time employment: Posting here.
- Joined
- May 7, 2014
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I just bought about $550,000 bond funds in the last 12 months. I certainly missed some money, but feel better.
pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Late to the thread, but the AA that your FA has recommended is pretty close to the AA that I have and have had for many years including when I retired and now.
Your most important question is whether you are comfortable with 85% stocks or more comfortable with 65% stocks. If the market did a 25% downturn would you be comfortable with a 20% loss (vs a 16% loss)?
Who knows on timing... this market could correct tomorrow or could continue to steam along. If you make a change, you could do it all at once or do it over time, cognizant that there are risks and benefits to either course of action.
Your most important question is whether you are comfortable with 85% stocks or more comfortable with 65% stocks. If the market did a 25% downturn would you be comfortable with a 20% loss (vs a 16% loss)?
Who knows on timing... this market could correct tomorrow or could continue to steam along. If you make a change, you could do it all at once or do it over time, cognizant that there are risks and benefits to either course of action.
