Thanks to regular saving and market’s run-up as of late, I am a bit over $2.1m. This is invested in mostly VTI or equivalent, with ~$300k in AAPL. $1.5m in brokerage, $600k in 401k, Roth, HSA.
I am 30 with no plan to retire until my 50s or later, but I value being financially secure in case of job loss, health issues, etc. As such, I was thinking now may be a good time to add Total Bond (BND) or some cash and make that 10-20% of my portfolio. I contribute at least $4k/month toward my investments and do not spend extravagantly. I have a small emergency fund and a paid off home.
I have never had an official IPS, so I hoping for some insight as to whether I should start thinking more conservatively now that I have hit $2m, and “take some off the table”. I sleep well at night despite knowing a 50% reduction in my NW isn’t out of the question, but is that risk worth the reward in my situation?
I am 30 with no plan to retire until my 50s or later, but I value being financially secure in case of job loss, health issues, etc. As such, I was thinking now may be a good time to add Total Bond (BND) or some cash and make that 10-20% of my portfolio. I contribute at least $4k/month toward my investments and do not spend extravagantly. I have a small emergency fund and a paid off home.
I have never had an official IPS, so I hoping for some insight as to whether I should start thinking more conservatively now that I have hit $2m, and “take some off the table”. I sleep well at night despite knowing a 50% reduction in my NW isn’t out of the question, but is that risk worth the reward in my situation?
Statistics: Posted by austin757 — Sun Dec 01, 2024 5:59 am — Replies 0 — Views 36