On 5/11/2021 9:29 AM, Leon wrote:
On 5/10/2021 3:07 PM, dpb wrote:

....

....

I was mostly mutual funds until the crash last year.Â* I got out before
it hit bottom and back in about 3 weeks later, lower than when I got
out.Â* But with a more conservative approach, 50% bond funds and 50%
mutual funds.
....

My overall mix is closer to 60:40 when I categorize my dividend-paying
stocks portfolio as "fixed income" which purpose it serves at present
despite being equities. Being long-time continuous-dividend-paying
stocks, as a group they don't appreciate at the same rate as those held
solely/mostly for growth, so do have a somewhat similar dampening effect
on overall appreciation gain, but not nearly as strong an effect in
current market as do actual bonds or bond funds.

When conditions change (as they will, eventually) to a more historical
pattern, I'll adjust the mix to match; meanwhile I see no reason not to
ride the rocket as long as can...

Do have to pay attention and be willing to "pull the plug!" when it's
time this way, though, granted, and not leave it all up to somebody else.

I certainly take broker's advice/recommendations into account, but don't
wait around for him to tell me it's time to move--he has a ticker that
gives him flags, but he's also got a bunch of other clients (as all do)
so can't rely on being the first on the call list.

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