eytonxav
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I realize everyones circumstances are different, but I am curious about how much downside volatility everyone is comfortable with in relation to their total investments, especially for those that are near retirement or in retirement??
For me, a loss > 5% in any one year would make me lose sleep at night. I am currently 56 and would like to work another 3 years, but job situation might force RE at any time. Given this, I am revisiting my retirement portfolio (all $ in IRA) to see if I can setup it up to kickoff 4-5% income annually, while minimizing downside risk to <5%. Also, do not want to sell any assets to contribute to the income stream. I am not sure whether this is being too conservative or not, but I just feel it is too hard to make up losses with anything more aggressive.
Another question, aside from designing a low volatility portfolio, what sort of stop loss strategy do you have in the event of another 911 or bubble bursting scenario? Hold or sell.......
For me, a loss > 5% in any one year would make me lose sleep at night. I am currently 56 and would like to work another 3 years, but job situation might force RE at any time. Given this, I am revisiting my retirement portfolio (all $ in IRA) to see if I can setup it up to kickoff 4-5% income annually, while minimizing downside risk to <5%. Also, do not want to sell any assets to contribute to the income stream. I am not sure whether this is being too conservative or not, but I just feel it is too hard to make up losses with anything more aggressive.
Another question, aside from designing a low volatility portfolio, what sort of stop loss strategy do you have in the event of another 911 or bubble bursting scenario? Hold or sell.......