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Personal Finance and Investing

bif

(24,834 posts)

10. I'm 64 and...

Reply to mnhtnbb (Original post)

Wed Jul 31, 2019, 09:14 AM

Jul 2019

About 80% of my money is in Mutual Funds. Spread out among four different ones-Large Cap, Small Cap, Aggressive Growth, and an Overseas Fund. Haven't touched them in years and they just keep going up every year. (Best and only good financial advice my dad ever gave me.) The rest is in a 401k. I just play around with the stock market. Unbelievably, I've turned 20 grand into $185,000! I can afford to lose it all and still be okay.

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How is your portfolio balanced? [View all] mnhtnbb Jul 2019 OP

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