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?