Good suggestion . Will think about it .dcabler wrote: ↑Sat Dec 04, 2021 6:38 amCompletely understandable. Many words written here on the forum which discuss how to prevent behavioral issues. For many people, going with a 1-fund portfolio is the answer. Both Vanguard and ishares have relatively cheap options in this space with a selection of AA's to choose from. Pretty easy to set-and-forget and just plow money into them. They're not for everybody, but they suit many. Best of luck!Jimsad wrote: ↑Sat Dec 04, 2021 6:10 amMy IPS is 60/40 but sticking to it is a bit like losing weight - Easy in theory( eat less , exercise more ) but hard in practice .dcabler wrote: ↑Sat Dec 04, 2021 6:01 am I also went through the same gut wrench as many here on the forum did back in 2008. I learned from it and set an AA I could live with.
Multiple times since 2008 there was noise about large corrections that were about to happen. I ignored them and kept my AA and rebalancing according to my IPS. OP: Did you do likewise all along the way or did you make changes every time you thought it didn't feel like the party was going to continue? Did it work out for you? Do you have an IPS (a contract to yourself) that tells you exactly what to do?
I have only a vague inkling of what the next 10 years might look like, but the error bars are probably huge. So huge, in fact, that I see no way to act on it in any reasonable way. So.... staying the course.
Cheers.
But I am trying….
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Cheers.
Thanks