Yeah I retired in 2022, and moved from from about a 70/30 equity/bonds portfolio to about an 80/20 cash/equity portfolio in 2024 (election years presidential & midterms have been where my mutual funds have had negative returns the most in the past). I have been buying back into my funds on market down days like last Friday, but still with some trepidation. I am at a 65/35 cash/equity split now, and will work towards a 50/50 split as Trump takes office in January. Still leery of a black swan event, and with Biden’s OK for Ukraine to strike deeper into Russia, who knows what will happen.
“Still leery of a black swan event, and with Biden’s OK for Ukraine to strike deeper into Russia, who knows what will happen.”
I know what you mean. We’ve had so many financial crises (2008 real estate, Asian) but we’ve weathered them. I bailed out of equities when the Internet bubble popped in 2000 (was it 2001? ‘02?) and it took me a while to get back in, so I missed the huge run-up when the market got back to normal. So, since then, it’s been steady as she goes.