tag:blogger.com,1999:blog-3638240888722760603.post5372680220676187008..comments2023-08-12T03:34:01.306-04:00Comments on The $tock Market $peculator: Portfolio Asset AllocationSpeculatorhttp://www.blogger.com/profile/12133256840250747304noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3638240888722760603.post-74632748330312696042018-06-22T19:11:47.801-04:002018-06-22T19:11:47.801-04:00Well I'm hoping income will remain constant du...Well I'm hoping income will remain constant during a recession. Even Tom Connolly stated it was the closest he has ever come to liquidating everything when the financial crisis hit. He didn't expect things to drop that much. Of course as we know everything came roaring back in a year.<br />Everyone says their portfolio is recession proof and they are happy until it doesn't work. I totally agree with you on the income part. Let's hope none of our companies cut dividends when the SHTF as it always does. Good luck my friend.Speculatorhttps://www.blogger.com/profile/12133256840250747304noreply@blogger.comtag:blogger.com,1999:blog-3638240888722760603.post-74423292331212614242018-06-22T12:07:32.754-04:002018-06-22T12:07:32.754-04:00Asset Allocation, Diversification and Re-Balancing...Asset Allocation, Diversification and Re-Balancing are almost Golden Rules for advisors and probably many investors. I don't feel that way and based on our own experience found them more of a hindrance than helpful. <br />Without going into a long narrative, I feel they apply more to short-term than the long-term. In the short term some sectors are up while others go down. I don't like FI because they are fixed and don't grow and if one owns good stocks why re-balance.<br />As for ETF's I've yet to find one where I'd want to own all or even most of their holdings. Why would I pay a fee, regardless how small, to own 70% of what I don't want.<br />The real matter is that when there is a crash, correction,recession, etc, ALL stocks, funds & ETF's will go down. The difference is, will your Income drop and continue to grow during the recovery period.cannewnoreply@blogger.com