Quote:
Originally Posted by 44Apple
At what point should one change from being an investor to a "saver"?
I've been retired a number of years and have invested all my adult life. Luckily, we have enough non-investment money to live on.
I now wonder if I should gradually begin selling my ETFs, Mutuals, and stocks and move all the money into fixed income.
I know the outcome will be lower and stable, but I won't have to deal with the daily ups and downs.
I'm familiar with the 60/40 rule but wonder if I should go 0/100.
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Glad you put saver in quotes because that really isn't the definition of fixed income. You can put all your "non-investment" money in bonds, treasuries or CD's and it's still an investment. Nonetheless, changing from equities to bonds or the allocation of such is based off many variables, two being investment goals and risk tolerance. I would definitely re-allocate money to fixed income, so you "won't have to deal with the daily ups and downs." Maybe start with inverting that "60/40 rule", and put 60% in fixed income and 40% in equities.