Lainey

How conservative is too conservative?
When playing it safe with your money can actually be risky - Nov. 9, 2017

dlq04

Nothing new. Unless you've been lost in the Amazon for years we all know the money market and CDs earn about as much as putting it under the mattress. Being comfortable with your risk factor drives the balance between stocks and bonds. Lets face it, its all gambling. As this headline suggests its an especially good time for stocks.
Don't be fooled. Wall Street, not Main Street, is the big tax winner - Jan. 14, 2018

Legal Bill

^This is why I have not moved that last 10% that I was going to rebalance. Still sitting with about 70% in stocks (60% domestic, 10% foreign). The other 30% is in bonds and cash. My plan is to move 10% out of stocks and into equities for a 60-40 mix. In all honesty, I'd be more comfortable at 50-50. But not yet... Watching... watching... watching...

dlq04

I really like hearing Apple's latest announcement due to the tax law change to accelerate moving operations to the USA, paying a one-time $38B tax, and creating 20k jobs. I'm a big fan of their products and the wife has a few shares of their stock. In spite of several articles just yesterday warning of a plunge in the market, it was a nice day at the end.

MsPerky

I'm at 50/50 roughly due to my age - I be old. The +1 is at 70/30. He's about your age, LB.

Legal Bill

Well, I know that professional planners focus on the investor's age. And I certainly keep that in mind when I look at my balance. But I'm putting more weight on buy-sell opportunities. And sell is getting closer every day. I can almost see it. Watching....

Lainey

I had a call in to our investment/account person so I could do a little re-balancing. We were supposed to speak earlier this week, but she had a sick child. So I made a few dollars yesterday and we spoke today. I had one fund she had suggested I might want to take and move the $ into a conservative investment so we did that today. It wasn't a large holding. We are around 50/50. I'm comfortable where we are, though sometimes I think we should be 60/40. With 60 being the conservative portion of the $. If there is a dip, I won't panic. I've taken a fair amount of what we have earned and re-balanced, so we'd have time to recover from a dip.

Lainey

Market is down quite a bit in the past two days. Is this part of the anticipated correction?

S2KRAY

Probably, don't panic. Not anywhere newer a correction. It cant go up forever..

Lainey

Not panicked at all. It's expected