I don’t have rebalancing bands but did recently shift to be more conservative. More due to being 5 years away from desired retirement date.
What helps me (I also don’t have a written ips) is to have some guidelines I do follow. No less than 60% equity. No more than 80% equity. Right around 70% seems a sweet spot for now.
Off topic, but I feel like post election will be turbulent. More importantly I see higher joblessness continue thru next year. I’m seeing targets to reduce cost/headcount based on AI/automation that was not being discussed until now. I’d put money on that 2025 will be worse than 2024 for US markets (I couldn’t resist that![💴]()
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What helps me (I also don’t have a written ips) is to have some guidelines I do follow. No less than 60% equity. No more than 80% equity. Right around 70% seems a sweet spot for now.
Off topic, but I feel like post election will be turbulent. More importantly I see higher joblessness continue thru next year. I’m seeing targets to reduce cost/headcount based on AI/automation that was not being discussed until now. I’d put money on that 2025 will be worse than 2024 for US markets (I couldn’t resist that
)Statistics: Posted by Wannaretireearly — Mon Oct 14, 2024 11:43 pm — Replies 29 — Views 2285