65/35 equity/bond right now, but the market may attempt to make this a 50/50 or a 35/65 mix by dollar value, eh?
All bonds are investment grade (corp. and gov't.) with the exception of a sprinkle of HY from active managers.
Strange Days Have Found Us.........Jim Morrison, The Doors
Grand Illusion by Styx (partial lyric)
Welcome to the Grand illusion
Come on in and see what's happening
Pay the price, get your tickets for the show
The stage is set, the band starts playing
Suddenly your heart is pounding
Wishing secretly you were a star.
But don't be fooled by the radio
The TV or the magazines
They show you photographs of how your life should be
But they're just someone else's fantasy
So if you think your life is complete confusion
Because you never win the game
Just remember that it's a Grand illusion
And deep inside we're all the same.
We're all the same
Enjoy your good life,
Catch
Comments
Regards,
Ted
Indeed, the markets might move in the direction that you suggested. Then again, it just might generate results in the opposite direction. It's just statistics, but statistics do yield the probability likelihoods, and these offer decision making guidance.
The odds are important and I would never make an investment without some estimate of the payoff probabilities. "The future is uncertain, so investors should always think in terms of probabilities, never guarantees.". There is terrific wisdom in that single sentence. I copied it from an article referenced immediately below:
http://awealthofcommonsense.com/2015/11/playing-the-probabilities/
The historical odds summarized in the opening table of this article provide the encouragement to stay in the market for the long term. On a daily basis, it's only slightly more positive for a rewarding day than a fair coin toss. But as the timeframe increases those odds become more and more attractive.
Stay strong, Catch. I will.
Best Wishes
Regards,
Ted