10-12-2019, 09:50 AM
I'm similar to Otter, except I bailed on bonds/fixed income type investments about 10 years ago. I average 80 to 100% equities/mutual funds and 0 to 20% cash, right now I'm about 85% and 15% in my kplan and 99% and 1% in the brokerage and ira accounts.
I'm anywhere from 2 1/2 to 17 years away from retiring, it depends because I just don't know what the future holds. The goal is to work till I'm approximately 62 and no later then 65.
I own mutual funds because it's the kplan choices, when I retire the monies will be moved to dividend producing stocks
I'm going to be 85% plus invested at all times till the day I die
I believe there will be a recession and that a big one can happen but I'm a firm believer that the next one is going to be mild, compared to 2008/09, jmho.
If the big one doesn't happen in another 30 or 40 years, I can believe that too. Maybe I'll be dead, maybe not.
The only thing I'm 100% sure about is if, I sold a property that gave me a pile of cash that would eventually be used for a down payment on another property I wouldn't invest in anything other then CD's concerning those dollars.
I'm anywhere from 2 1/2 to 17 years away from retiring, it depends because I just don't know what the future holds. The goal is to work till I'm approximately 62 and no later then 65.
I own mutual funds because it's the kplan choices, when I retire the monies will be moved to dividend producing stocks
I'm going to be 85% plus invested at all times till the day I die
I believe there will be a recession and that a big one can happen but I'm a firm believer that the next one is going to be mild, compared to 2008/09, jmho.
If the big one doesn't happen in another 30 or 40 years, I can believe that too. Maybe I'll be dead, maybe not.
The only thing I'm 100% sure about is if, I sold a property that gave me a pile of cash that would eventually be used for a down payment on another property I wouldn't invest in anything other then CD's concerning those dollars.