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We usually read current market commentary from various sources/investing outlets like vsnguard schwab Fidelity marketwatch seekingalpha etc.. from these news we would considet adjust our portfolio into different stocks or funds accordingly. We are indeed buy and hold investors. Have not sell much in 2008 or 2020 crash. We usually try buy more if market decline further. Our plans are to keep diversify our holdings, wait until few years retirement then change our position to high bonds/cash/fixed-income positions.
To risk stratification mean to change our positions to different or add more to various vehicles (like energy bonds hard metals etc). Recently we did sell more bonds and added more stock oast 9 12 months. As you can see we did reasonably well 10 years return 7.8% annually.
For buying individual bonds we look at Cusip, read company valuations from schwab, see any red flags or bad ratings, any default possibilities, set up alert news about the bond, and then
I thought I drop you a line letting you know the reasons I face another portfolio rebalance after just completing one back in March. I had a huge cash draw from having to pay greater than anticipated federal and state income taxes for 2018. I had sizeable capital gains for 2018 plus I do not have any taxes withheld on mine and my wife's pension and ss checks. In addition, I gave my church a recent sizeable contribution towards a capital fund drive. When it was all said and done I am now face another needed portfolio rebalance. This is one of the reasons I went to the 20/40/40 portfolio back in the 4th quarter feeling I was going to need a good bit of cash. During my last rebalance I left myself equity heavy and with the upward movemet in equities plus the large cash draw coming from the portfolio has now left it needing another rebalance.
On the board, I did a hypo on a 100k portfolio to show how the strong equity performance can effect one's allocation.
Glad you enjoyed it Hank, though it must have been pretty cold out there. I prefer the Canadian side of the falls. On the Canadian side you get a constant spray in your face. You are really up close and personal with the falls. I find it mesmerizing staring into the water as it's going over. You have to hang onto the rail because it just draws you in. Did you get a chance to dine or have 'high tea' at the Prince of Wales Hotel?
HA - Just stumbled on this in August. Don’t very well recall making the OJ reference. But probably something re “If it doesn’t fit ...”.
Well, I’d rather think of the episode as a media circus rather than a trial. And, yes, if I suggested there was any credence to the defense’s glove argument, than I was wrong. It was bogus.
Totally unrelated, but remember how Greta Van Susteren made a name for herself with CNN’s “legal analysis” every evening as that circus continued? I thought her more liberal than. Then she shows up at Fox as a conservative hack for several years. Than she sues one of Fox’s producers for sexual abuse and moves on to CNBC as a liberal again!
