My intended Asset Allocation was & is 50/45/5 before the recent Covid Madness in the Markets .
Now it is 61/33/6, thanks to -
1)A little over zealous re balancing from Bond Funds & Cash into stock Funds near the end of the Market down days.
2)Pushing forward the planned Roth conversion originally planned for later in the year.
3)The Stock Mutual Funds on their way back, at least for now, which may well be temporary. No complaints on this front though.
My inclination is to let the market run its course & let the chips fall where they may & re balance near the end of the year otherwise I may be chasing my tail.
What do you think ? what would you do ?
Thanks in advance.
Now it is 61/33/6, thanks to -
1)A little over zealous re balancing from Bond Funds & Cash into stock Funds near the end of the Market down days.
2)Pushing forward the planned Roth conversion originally planned for later in the year.
3)The Stock Mutual Funds on their way back, at least for now, which may well be temporary. No complaints on this front though.
My inclination is to let the market run its course & let the chips fall where they may & re balance near the end of the year otherwise I may be chasing my tail.
What do you think ? what would you do ?
Thanks in advance.