Quote:
Originally Posted by retiredguy123
40 percent stocks, 40 percent bonds, 20 percent cash. All in no load index mutual funds. If you are asking if I will buy gold, the answer is no. Never have, never will.
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I agree with you on no load mutual funds, but I have ALL my money there. Your 40/40/20 split is standard wealth management advice that maximizes income—for wealth managers. If I’d followed that advice over the years, I wouldn’t have been able to afford moving to The Villages and living in a house with no mortgage. My money has gone up much faster in mutual funds than it would have in bonds.