No. of Recommendations: 0
There's no hurry. You really want to be diversified by the time you start taking money out rather than putting it in (ultimately retirement). Unless we've started a period unprecedented even during the decades following the crash of '29, stocks should outperform bonds or cash over a 20 year period, so you shouldn't worry about being overly represented in stock funds. I'm now looking at trying to reach my desired retirement allocations in about 10-12 years, which means wanting to focus outside stocks from here on, but I'm still not going to make any ill-advised moves just for asset allocation.

Thanks. This helps a lot. I just started investing a couple of years ago and it's still a learning process (as I'm sure it will always be.) This view, along with Charlie's "patience, the economy will recover" is what I needed to hear, since I'm not 'real' savvy about bonds. It makes sense and gives me a little better idea of how I want to contribute new monies.

Thanks again, and Happy Holidays.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.