OK.........so, this household portfolio is already trimmed to 40% equity.
--- ITOT = 12%
--- FTEC = 16%
--- FSPHX =12%
With the holdings in ITOT, our exposure to tech. and health is a bit higher percentage.
The remaining 60% is FDRXX, Fidelity money market at 1.9%, 7 day yield.
Regardless of the long period holding for the above, we're about the say good-bye for a bit.
Relative Strength for these is going bye-bye, with the charts looking more nasty.
Will see where the butt kicking travels into this afternoon.
NOTE: any sells are not a current taxable event, as the monies are in IRA accounts.
ADD: as with the sell down in late January, U.S. bonds not receiving positive actions.......duh = strange
Try'in to keep a smile.
Catch
Comments
Yeah - 40% (equity) sounds pretty close to where we are. I’ve got a toe in so many specialty / alternative funds it’s a bit hard to get an exact bearing. (However, 40% happens to be my benchmark for balanced funds ... if that sheds any light.) Since I don’t maintain a separate cash reserve in addition to normal investments the way most do, I’m happy to have (1) bought a new car in June and (2) moved my anticipated ‘19 withdrawals into cash a couple months ago.