Tmacelroy12 LSU Fan Houston Member since Aug 2012 5489 posts
re: What kind of investor are you(Posted by Tmacelroy12 on 11/10/12 at 1:11 am to jso0003)
Currently holding 70-30 stocks to bonds with a 40 year time horizon. Large cap stocks outweighing small cap because of the risk factor. Holding bonds just for a fixed income strategy. I've got time on my side, so I can be a bit more aggressive with my strategy... once I get a little older, I'll put more money into bonds than stocks.
quote: Paid off virtually all debt along the way, including house note and wife's student loans (heresy, I know)
It's my risk mitigation strategy for inflation/deflation/income and has given me great peace of mind.
i did the same back in february(everything paid off)....for the exact reasons we are seeing now. The douchebag in chief being relelected by economic morons for one. more job loss/layoffs we are seeing now equals more homes lost eventually among other things. I am prepared for the worst and expected this. I have been through enough rough times so I am experienced.