Quote:
Originally Posted by retiredguy123
You shouldn't have all your money in stocks. It should be more like 30 percent stocks, 30 percent intermediate term bonds, and 40 percent cash (money market fund). But, the way to change it is to do it over a long period, like about 2 years. So, take 70 percent of the account, divide by 24 months, and transfer that amount every month into an intermediate term bond fund (like the Vanguard total bond market index fund) and a money market fund (Vanguard MM fund). So, in 2 years, you will have a conservative, balanced portfolio. That is the way I would do it.
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See that's how ignorant I am, I don't even use the correct verbiage. I lumped it all as 'in the stock market'. I have to admit that I'm embarrassed. My aggressive retirement portfolio is 46.77% bonds, 27.47% stocks and 25.76% cash/stable value. Given that new info, what say you? Am I on a stable path to preserve my savings?