Ok, it is getting time for my 4Q review, and things are looking good!
The other day or so, I heard on the radio how this market recovery has outpaced experts' opinions, which is good because it has definitely outpaced everything I've said. I expected it to raise above 10,000 by the end of the year, and it did that a few weeks ago. I also expected it to retreat below 9,000, and it blew right into 10,000, and then retreated down to 9,750, but I don't think it's been back to even 9,500, so that is really a lot better than I expected.
There are a couple thoughts I have about that: one being that all these minor retreats that we have not been seeing will compound into one massive retreat for February or March (or based on how far off my expectations have been thusfar, maybe it will happen in early January instead). Alternatively, I think it could be that many people are holding large portions of cash, and they're reinvesting more and more cash each time we hit these major benchmarks. It would be a great strategy honestly, albeit the ideal would have been for them to dump it all into the markets in March when the DOW was scaling down to 6,500.
Regardless, I can change my allocations from my current to my target since my Total Bond Market holdings are nearing 10% now, but I still have a few days to consider it.
Fund # - Current / Target
Fund 29 - 0% / 5%
Fund 84 - 55% / 10%
Fund 24 - 15% / 25%
Fund 113 - 5% / 10%
Fund 85 - 25% / 50%
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