I'm gradually transitioning some $ that's been sitting in ST bond funds into equity funds, in my roughly 50/50 AA PF. I've endured the NAV losses in them over the last few years (did not exit bond funds 1-2 years ago..just have "hung" in there with them) but am feeling there's some growth potential for equities in 2024.
Occasional FA, on this question suggested just throwing any excess cash into SCHX(Large Cap) (not reducing bond fund allocation) i.e. put some $$ that's getting about 5% in MM - into equity -- which would increase my equity exposure by only about 1% So we're talking about "at the margins" stuff here.
Have gone ahead and done some of this investment into SCHX -- but thinking maybe i should not exclude adding to my stake in small cap FNDA. I've seen some positive sentiment about that sector for 2024. Interested in any other thoughts about this.
Thanks!
Occasional FA, on this question suggested just throwing any excess cash into SCHX(Large Cap) (not reducing bond fund allocation) i.e. put some $$ that's getting about 5% in MM - into equity -- which would increase my equity exposure by only about 1% So we're talking about "at the margins" stuff here.
Have gone ahead and done some of this investment into SCHX -- but thinking maybe i should not exclude adding to my stake in small cap FNDA. I've seen some positive sentiment about that sector for 2024. Interested in any other thoughts about this.
Thanks!