I wouldn't really change my asset allocation due to valuation concerns. The best protection against overvaluation is to save more.
You could hold more bonds but that would reduce the expected return of your portfolio and put you at greater risk of inflation.
I do think you should anticipate a stock market crash (regardless of valuations) and ask yourself how much of your portfolio you are willing to put at risk.
You could hold more bonds but that would reduce the expected return of your portfolio and put you at greater risk of inflation.
I do think you should anticipate a stock market crash (regardless of valuations) and ask yourself how much of your portfolio you are willing to put at risk.
Statistics: Posted by aristotelian — Thu Jul 18, 2024 11:27 am — Replies 1 — Views 101