I published “Riding it to the bottom” on July 6, 2022. Shortly thereafter, I ended up selling all my entire bond ETF portfolio and thus converted my asset allocation from an 80/20 stock-bond split, into a 100% stock allocation. I know I had written about staying the course, which is still what I stand by. Whatever your personal investment plan statement instructs you to do, is what you should do, as it is based on your own personal situation, comforts and risk levels.
However, I didn’t just randomly switch over to 100% stocks. I’d been thinking about it for a while, and decided to dust off my investment plan for review. I hadn’t really updated it in a couple of years and the whole situation with both the stock and bond market heavily plummeting caused me to re-evaluate my overall plan.
And I did. I thought about it a lot, and about the pros and cons of keeping or ditching bonds, and what my overall goals going forward should look like.
