Quote:
Originally Posted by manaboutown
Currently I am rereading a book published in 2013 written by Donna Skeels Cygan CFP MBA, a financial advisor based in Albuquerque, NM where I once lived. After her book was published I read it and consequently interviewed and considered hiring her as a financial advisor but decided to stick with DIY.
Rereading her book, "The Joy of Financial Security" prompted me to seriously review my asset allocation, which I never gave much thought to when I was younger but at age 81 bears scrutiny. Anyway, I find it a literal gold mine of what to consider.
Donna addresses the psychological side of investing as well as the nuts and bolts which has helped me pass my "sleep at night" test.
If anyone is currently wanting to take a hard look at the asset allocation in their portfolio I recommend her helpful book.
|
I had a financial professor in college that said almost the same thing, "Never Invest Beyond the Sleeping Point", if you can't sleep at night, then you have too much invested.