Dragon
I just turned 56 this week. I am at your planned retirement age, and have been semi-retired for a few years. My portfolio is not online, and I am transitioning from my old employer retirement account to Vanguard I caught a break and was in cash. I missed a lot of the recent market drop. I have a lot of my equity money in SP 500 and small caps. I also have a half dozen ETFs. I don;t need total diversification among my stocks. I enter individual stocks selling puts, so it takes time to be forced into purchases while I make some income. I DO care a lot about my entry point because I probably don't have 30 years to wait. I don't want to pay $150 for BABA and watch it drop to $100 for a year because I could have purchased more share. Here is where I would like to end up soon.
Core positions all at 3-5% of total port- JNJ,ABT,AMZN,APPL,HD, Utilities (I really like utilities) XEL AEP and SO, and T which may or may not remain a core.
Smaller positions around 1% of total port-MO-KHC,MET,BAC,DIS,MCD, F, a REIT to be named later. Too many oil stocks I now regret and definitely intend to trim (CVX,XOM,MRO,BP,KMI). I still make some questionable moves but not like when I was 25 lol.
My equity positions are a work in progress. I would like to own 3M core but this is not a good time for industrials yet, and 3M is not executing currently.
I am about 45% in money markets, CDs and very short T-bills. I keep cash around so I hacve a crash fund if this gets much worse. I have rental real estate as well.
Back on thread topic I would like to buy a lot more utilities when they dip some. They have been on a run I didn't expect with rising interest rates. Every market pull back is different.
I just turned 56 this week. I am at your planned retirement age, and have been semi-retired for a few years. My portfolio is not online, and I am transitioning from my old employer retirement account to Vanguard I caught a break and was in cash. I missed a lot of the recent market drop. I have a lot of my equity money in SP 500 and small caps. I also have a half dozen ETFs. I don;t need total diversification among my stocks. I enter individual stocks selling puts, so it takes time to be forced into purchases while I make some income. I DO care a lot about my entry point because I probably don't have 30 years to wait. I don't want to pay $150 for BABA and watch it drop to $100 for a year because I could have purchased more share. Here is where I would like to end up soon.
Core positions all at 3-5% of total port- JNJ,ABT,AMZN,APPL,HD, Utilities (I really like utilities) XEL AEP and SO, and T which may or may not remain a core.
Smaller positions around 1% of total port-MO-KHC,MET,BAC,DIS,MCD, F, a REIT to be named later. Too many oil stocks I now regret and definitely intend to trim (CVX,XOM,MRO,BP,KMI). I still make some questionable moves but not like when I was 25 lol.
My equity positions are a work in progress. I would like to own 3M core but this is not a good time for industrials yet, and 3M is not executing currently.
I am about 45% in money markets, CDs and very short T-bills. I keep cash around so I hacve a crash fund if this gets much worse. I have rental real estate as well.
Back on thread topic I would like to buy a lot more utilities when they dip some. They have been on a run I didn't expect with rising interest rates. Every market pull back is different.