Skip to main content
No. of Recommendations: 0
That's correct, I don't need them for income, just as a hedge against stock market volatility.

I'm reminded of 2009 where people lost their jobs and needed to tap their portfolio to keep the lights on -- at a deep loss in some case.

So, now that we have a mortgage, I want to plan for an eventuality like that even though I find it unlikely and almost intolerable. So it would be useful to have a meaningful portion of the portfolio in debt instead of all equity.

Right now my whole portfolio (excluding emergency fund cash, like $30k in a savings acct) is $70k so it's not like 20% of that would somehow magically sustain me through a rough patch. But in a few years, at our current heading, that $70k should triple, and onward from there. And I guess my POV is that in 2017, looking at a $250k portfolio, I want a meaningful chunk of that in something other than US equities.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.