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Old 11-26-2024, 11:21 AM
manaboutown manaboutown is offline
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Originally Posted by Caymus View Post
Just curious, but at your age why are you still so heavily invested in equities? If I make it to your age, I would probably be 60 to 70% cash/equivalents. Maybe I would trade a little "for entertainment".
Oh I do trade for entertainment and lucked into NVDA. A few days ago I checked and my cash position is now down to 35% of my stock/bond/T-bill/money market portfolio due to the remarkably ascending market in equities (thank you NVDA!). 75% of my invested assets remain in real estate, most of which generates rental income. I keep enough cash on hand to see me (frugally) through several years if necessary. I use a "sleep at night" test. In 2022 I started taking a serious interest in the stock market as I had to sell a large property, then another in 2023. Before that my stock market holding were frankly inconsequential in the whole scope of things.
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Last edited by manaboutown; 11-26-2024 at 11:30 AM.
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