Entering final decade of work, or maybe already in the final decade.
Please critique our portfolio for the balance between growth-emphasis and conservation-defensiveness.
Cash: $350k
Bond funds: $625k
Bitcoin: $250k
Gold: $75k
International stock funds: $250k
Tech index fund (QQQ): $600k
S&P500 index funds: $2.2M
This is all in a mix of CDs ($350k), post tax brokerage ($1.05M), and pre-tax retirement (everything else).
Given that we hold nearly $1M in cash plus bonds, is the defensive posture good enough?
Note: since we are still working, we continue to add to our savings at the rate of about $130k per year. The question is more about:
Are we positioned to weather a prolonged bear market if a recession were to occur as a result of high interest rates?
What if we need to tap about $200k per year in order to meet living expensive in the (unlikely, but not impossible) event of both of us losing our jobs and not being able to get any other comparable jobs for multiple years due to being in 50s and aforementioned recession?
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