Totally disagree. Gotta say I have spent the last 2 days reading the bogglehead stuff and though I see how it works, not sure I see the full value. I actually like investing and it's a hobby. Yeah, I have a pretty extensive portfolio with and I just counted, I own 38 different accounts which hold about 144 different assets, stocks, funds, bonds, cash, real estate.
I got no issue with performance numbers.
This past year is around 15%
Last few years have been 16,15,41,27 and 8 percent respectively.
So I am not doing anything wrong in my view.
Now that I am almost 58yo and thinking about retiring I am just looking at what I should do to get income because to be honest, I don't need 15%, I need 5%
If I take $4mil and get 5% I can live quite well!
So I just did a year end analysis and I should adjust my portfolio concentration.
When I back out my DW company stock which I am limited at selling and just look at liquid assets my breakdown is 45% stocks, 15% bonds, and 40% cash. Yes, cash is high, too high, so what do I do? I am thinking about starting to buy bonds, but with prices dropping pretty rapidly perhaps I should wait. I just put a decent amount of cash into 3% CD at AFCU. But still have some to invest and plenty to live on if I need to tap it which I won't since DW is still working.