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Yes it’s tricky, however it dependon your ‘life stage’.
Are you <30 = years to recover, many cycles, let’s buy another TV and watch the BBL.
Are you >55 = ‘all I need is 5% a year for the next 30 years and I’m fine’, and the kids get a healthy inheritance.
Are you >75, sorry can’t compute.
I’m obviously the second category.
No judgement but what I’ve done is .... 3 years wealth in cash/FI = 20% of wealth, 30% property, 50% shares.Thus if there’s a 30%-50% I have cash that I’m happy to DCA in.
Who knows. So many people giving advise in the media, fund managers etc. crash is coming, Fed printing money to the moon, can’t raise interest rates,
From my standpoint, I’ve worked hard for 30 years, I’ve achieved what I have, and it’s good, it’s successful, it’s solid. I am not going FOMO now. I don’t want to blow it all and f@@k up what I have worked hard for my family.
A bird in the hand is better than 2 in the bush.
For >50’s I would recommend safety, insurance and perspective if you have a decent bag of ‘cash’.
Don’t screw up what you have, and don’t be greedy !!!!
Gunnerguy.

<blockquote data-quote="Gunnerguy" data-source="post: 1149320" data-attributes="member: 36813">Yes it’s tricky, however it dependon your ‘life stage’.Are you &lt;30 = years to recover, many cycles, let’s buy another TV and watch the BBL.Are you &gt;55 = ‘all I need is 5% a year for the next 30 years and I’m fine’, and the kids get a healthy inheritance.Are you &gt;75, sorry can’t compute.I’m obviously the second category.No judgement but what I’ve done is .... 3 years wealth in cash/FI = 20% of wealth, 30% property, 50% shares.Thus if there’s a 30%-50% I have cash that I’m happy to DCA in.Who knows.&nbsp; So many people giving advise in the media, fund managers etc. crash is coming, Fed printing money to the moon, can’t raise interest rates, From my standpoint, I’ve worked hard for 30 years, I’ve achieved what I have, and it’s good, it’s successful, it’s solid. I am not going FOMO now. I don’t want to blow it all and f@@k up what I have worked hard for my family.A bird in the hand is better than 2 in the bush.For &gt;50’s I would recommend safety, insurance and perspective if you have a decent bag of ‘cash’.Don’t screw up what you have, and don’t be greedy !!!!Gunnerguy.</blockquote>

[QUOTE="Gunnerguy, post: 1149320, member: 36813"] Yes it’s tricky, however it dependon your ‘life stage’. Are you <30 = years to recover, many cycles, let’s buy another TV and watch the BBL. Are you >55 = ‘all I need is 5% a year for the next 30 years and I’m fine’, and the kids get a healthy inheritance. Are you >75, sorry can’t compute. I’m obviously the second category. No judgement but what I’ve done is .... 3 years wealth in cash/FI = 20% of wealth, 30% property, 50% shares.Thus if there’s a 30%-50% I have cash that I’m happy to DCA in. Who knows. So many people giving advise in the media, fund managers etc. crash is coming, Fed printing money to the moon, can’t raise interest rates, From my standpoint, I’ve worked hard for 30 years, I’ve achieved what I have, and it’s good, it’s successful, it’s solid. I am not going FOMO now. I don’t want to blow it all and f@@k up what I have worked hard for my family. A bird in the hand is better than 2 in the bush. For >50’s I would recommend safety, insurance and perspective if you have a decent bag of ‘cash’. Don’t screw up what you have, and don’t be greedy !!!! Gunnerguy. [/QUOTE]

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