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Personal Finance and Investing

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mnhtnbb

(32,346 posts)
Wed Jul 24, 2019, 01:00 PM Jul 2019

How is your portfolio balanced? [View all]

I'm 68. Widowed. Sold the family house (which we owned outright) last December. Caught the market at a correction and rode the ticker up for the last 7 months.

But I decided last week to book some profits and take some money off the table. Wouldn't be surprised to see the Fed cut interest rates next week. I'm concerned about just how much higher this market can go given the underlying economic conditions and decided it might be time to focus a bit more on preserving capital, given my age.

So I decided to rebalance my portfolio. Holding a sizable position in cash--about 15% of my total assets--but reconfigured the invested portion to reflect 55% in fixed income, 43% in equities, and 2% in gold. My longest fixed income instrument matures in 2024.

How about you? Have you made any recent changes? What? Why? Or are you holding steady?

Care to comment?

28 replies = new reply since forum marked as read
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Wish I could answer, elleng Jul 2019 #1
Hmm... mnhtnbb Jul 2019 #2
Your managers should be able to give you a snapshot just about any time A HERETIC I AM Jul 2019 #8
I'm sure they can. elleng Jul 2019 #9
Thanks for your post. cilla4progress Jul 2019 #3
One of the reasons I decided to take some profits mnhtnbb Jul 2019 #5
Seems appropriate for your situation FBaggins Jul 2019 #4
One of the reasons I decided to mnhtnbb Jul 2019 #6
Sounds like you're in just the right place FBaggins Jul 2019 #7
I'm 64 and... bif Jul 2019 #10
I can't tell you my exact percentages, PoindexterOglethorpe Aug 2019 #11
I now see that the Dow is currently down PoindexterOglethorpe Aug 2019 #12
OMG! I didn't know that! It's down even more now: 277. It's the beginning of the GREAT CRASH progree Aug 2019 #14
YES! YES! YES! PoindexterOglethorpe Aug 2019 #15
You are quoting the repeated lamentations of the daily "Stock Market Watch" thread. A HERETIC I AM Aug 2019 #18
Oh darn, I forgot the Plunge Protection Team. They didn't seem to be on duty today progree Aug 2019 #19
"not lookin' too good right now I'm sure the PPT will come along to bail 'em out . . . . " progree Aug 2019 #21
LOL! A HERETIC I AM Aug 2019 #22
Is it time to declare The Death Of Equities? progree Aug 2019 #23
Any day now! A HERETIC I AM Aug 2019 #24
Odd posting at SMW today on a day when Dow up 371 (1.43%) and S&P 500 up 1.88% progree Aug 2019 #25
Liquid assets: 84% equities, 16% bonds and cash. progree Aug 2019 #13
The problem with the notion that PoindexterOglethorpe Aug 2019 #16
I agree. That's why I don't follow the conventional wisdom. I wish the damned interest rates progree Aug 2019 #17
I am very happy I made the changes to rebalance my portfolio mnhtnbb Aug 2019 #20
What portfolio? virgogal Aug 2019 #26
Since I have no idea what I am doing... AJT Aug 2019 #27
Ours are only stock and bonds funds in our IRA accounts question everything Aug 2019 #28
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