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Q&A for mikes425's MIKEX_SHAREDPF portfolio
mikes425   09-28-2008, 12:20 PM | Post #2567844 |  2 Replies
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Re:Q&A for mikes425's MIKEX_SHAREDPF portfolio
mikes425   09-28-2008, 12:31 PM | Post #2567851
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Hi, happy to get input - Holdings are in a managed-advisory acct.  Just rebalanced from a more moderate profile this week in light of current conditions.  Projected retirement target is approx. 57-59 -- income fluctuates as a freelance performer...average in recent yrs of 50-70k.  Age 50. No mortgage, no major debt. Seeking more productive placement of cash for near-term growth.  Weighing whether to disengage advisory arrangement of approx 1%/AUM annual.  Of the holdings listed, approx 35K is in a SEP-IRA... (that would be the smaller positions of OAKBX and LSBRX and VICEX.  Everything else indicated is held in a Taxable acct.  I am maxing annual contribution to my SEP-IRA but got a late start on the separate tax-deferred acct.

Thanks for any thoughts!
 

 

Re:Q&A for mikes425's MIKEX_SHAREDPF portfolio HEY Folks, did I screw up with this?
mikes425   09-30-2008, 7:56 PM | Post #2569167
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Hey everybody, I just rebalanced my portfolio Friday, (before Black Monday) as shown in my newly "shared" portfolio and my Advisor tells me that with this mix, the same retirement projections he'd given me earlier this year is unchanged...which is to say, that, from age 50(now) I am "on track" for reasonable appreciation through age 57-59. 

I note that had I NOT taken any assets out of the market that day, I would be about 15K ahead at the end of the day today(Tues) than had I not shifted from a "Moderate" to a so-called  "Moderately-Conservative" mix.  Yes, yes, stay the course - ride it out - it's all well and good to hear but today finds me wishing that I'd rather've taken everything off the table on Friday instead of the modest rebalancing to trim a little of my equity exposure. 

Any hopeful encouragement much appreciated.  (c'mon - reassure me a little...ok? )

 

 

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