I did the same thing in 07-08 and in 2020 gradually shifting from 60/40 to 70/30 and I'm doing it now. It feels dirty being a stay the course disciple but I can't resist a bargain! I'm good with rebalancing annually to 70/30 if this is a long term bear market.
Excellent thoughts Jonathan. We focus on investment asset allocation but it can be easy to lose sight of spend allocation. I love you reinforcing keeping your fixed costs low to allow for flexibility with finding your fun.
Comments
I did the same thing in 07-08 and in 2020 gradually shifting from 60/40 to 70/30 and I'm doing it now. It feels dirty being a stay the course disciple but I can't resist a bargain! I'm good with rebalancing annually to 70/30 if this is a long term bear market.
Post: My Investment Sin
Link to comment from October 15, 2022
Excellent thoughts Jonathan. We focus on investment asset allocation but it can be easy to lose sight of spend allocation. I love you reinforcing keeping your fixed costs low to allow for flexibility with finding your fun.
Post: Divide and Rule
Link to comment from June 11, 2022