Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
To have a "private conversation with a user", choose Message
To "post a public message" on someone's profile (Activity Wall), choose add comment.
Hi DavidV: In reading your recent post you might have Old_Joe and myself confused. Perhaps, you are remembering reading one of my recent post. I have swithched to a 20% cash, 40% fixed and 40% equity asset allocation within the past quarter. The reason for doing this is multi faceted. One is because of my age as I am now in my early 70's; and, two is bacuse I'm thinking this stock rally is getting long in the tooth. Holding 20% in cash gives me ample cash reserves, the 40% in income generating securities provides ample income; and, the 40% invested in equites is split about 20% value and dividend income holdings while the other 20% is invested in growth type holdings which should allow my portfolio to have some growth over time to offset inflation.
