We haven’t resurrected this one yet on the new site, have we?
It’s certainly been a ride since the beginning of the year.....and the ride likely won’t be over any time soon! The economy was difficult enough to gauge before...and we now have ongoing COVID shit, and the election. Word of note....as hard a it may be, let’s try not to be “political” if we talk at all about how the election may affect the economy. Yeah, I know...good luck with that.
So, where are you, what you currently got, and where do you see things going?
Earlier this year I transitioned to a 50/50 mix between equities an bonds. Generally too heavily weighted to bonds for my age in a “normal” market...but I wanted to soften the swings I saw coming this year. It’s largely worked, and my 401(k) return YTD sits somewhere between the NASDAQ and the S&P. On days like yesterday when those indexes swing by a point and a half my portfolio swings by a smaller margin.
I know at some point I need to shift my balance more back toward equities....
It’s certainly been a ride since the beginning of the year.....and the ride likely won’t be over any time soon! The economy was difficult enough to gauge before...and we now have ongoing COVID shit, and the election. Word of note....as hard a it may be, let’s try not to be “political” if we talk at all about how the election may affect the economy. Yeah, I know...good luck with that.
So, where are you, what you currently got, and where do you see things going?
Earlier this year I transitioned to a 50/50 mix between equities an bonds. Generally too heavily weighted to bonds for my age in a “normal” market...but I wanted to soften the swings I saw coming this year. It’s largely worked, and my 401(k) return YTD sits somewhere between the NASDAQ and the S&P. On days like yesterday when those indexes swing by a point and a half my portfolio swings by a smaller margin.
I know at some point I need to shift my balance more back toward equities....
