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Did you sell in May and go away?

Posted on 6/13/14 at 7:46 am
Posted by BlackCloud
Above It All
Member since Jan 2014
3816 posts
Posted on 6/13/14 at 7:46 am
With major stock markets at all-time highs have you rebalanced your portfolio?

What is your asset allocation as of now considering your time horizon until retirement?

I have not made any major moves but I'm thinking about parking most of my assets in cash for awhile.
My current asset allocation is roughly 50% stocks, 40% cash and 10% bonds.
I have a time horizon of about 20 years until retirement.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 6/13/14 at 7:52 am to
You have 40% of your portfolio doing nothing except sitting there?
Posted by BlackCloud
Above It All
Member since Jan 2014
3816 posts
Posted on 6/13/14 at 8:04 am to
I had those funds in bonds for most of the last 5 years. I went to cash last year anticipating the tapering of bond purchases from the fed.

I can't get the pullback I want to put this cash to work and I refuse to do so until I get a pullback.

I know I'm conservative and that's why I made this post. I have a brokerage account to buy out of the money calls and puts when I want to live dangerously.
Posted by Lsut81
Member since Jun 2005
80155 posts
Posted on 6/13/14 at 8:20 am to
quote:

Did you sell in May and go away?


Nope, I've let it ride and my portfolio has gained another 2k or so over the past month
Posted by The Easter Bunny
Minnesota
Member since Jan 2005
45568 posts
Posted on 6/13/14 at 8:21 am to
quote:

Nope, I've let it ride and my portfolio has gained another 2k or so over the past month 


I've got ~25-30 years until retirement so I'm right there with you letting it ride.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 6/13/14 at 8:30 am to
quote:

I've got ~25-30 years until retirement so I'm right there with you letting it ride.
Posted by Lsut81
Member since Jun 2005
80155 posts
Posted on 6/13/14 at 8:33 am to
quote:

I've got ~25-30 years until retirement so I'm right there with you letting it ride.


I can handle major fluctuations as I don't need to touch it for years, however playing the jump in/out game would likely cause me to miss out on a shite ton of dividends...
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 6/13/14 at 8:45 am to
I have reallocated from higher beta equity funds to lower beta plays. I might give up a little on the upside but I am okay with that.
Posted by RickAstley
Reno, Nevada
Member since May 2011
2003 posts
Posted on 6/13/14 at 8:55 am to
quote:

With major stock markets at all-time highs have you rebalanced your portfolio?

No

quote:

What is your asset allocation as of now considering your time horizon until retirement?

30-40 years til retirement and my retirement accounts are about 98% stock funds.
I do keep a sizable amount in my checking and savings accounts which places me at about 25% cash and 75% stock funds.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 6/13/14 at 11:50 am to
I have rebalanced within the last two weeks but just to make sure I got back to my target allocations. Cash is still zero.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 6/13/14 at 1:14 pm to
I have a significant percentage in cash. I'll miss out on upside, but in 2007 I went to cash, and in 2009 I bought the market not quite at the bottom, but low enough. It seems to have worked out ok for me.
Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 6/13/14 at 2:06 pm to
I thought about it, but stayed the course.

If oil stays at these levels, I am going to have to consider taking my ball and sitting on the bench.
Posted by ynlvr
Rocket City
Member since Feb 2009
4591 posts
Posted on 6/13/14 at 4:13 pm to
quote:

You have 40% of your portfolio doing nothing except sitting there?


I wish I'd had 40% of my portfolio doing nothing as of January 1, 2008. That being said, I am still shoulder deep in equities today with modest downside protection.
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