I have been 80/20 stock equity for many years in situations where it was normally warranted at 60/40. With two years of rocket ship, I’m back to 60% in the last week for the equity side of things.
If the market continues to rip it up, I might take my normal 60 down to 40.
Again, I’m seeing that many and most of the SP500 is at mid 20 PE ratios, but if you factor in the tax package, what does that mean? Maybe it means 15? So, then you also have massively surging business conditions with profit growth. So the 15 becomes 10? Does that mean the market could grow by 50% more in the next 2-5 years? Perhaps? But I’d never bet the entire portfolio on that.
A market generally doesn’t crash until everything is grossly overvalued. Right now, only some stuff is.
I see those as reasoned comments also. I agree with your take on things.
I don’t see how the market continues to grow like this, but then I’d have thought there would have been corrections by October of last year too.
Looks like you’re playing it safe and still gleaning profits.
Good for you.