What Are Futures Stocks
I have too high a percentage of stocks. Should I rebalance to add more bonds now?
My 401(k) was way too heavy into stocks. Even with the downturn, I’m still about 15% higher than I should be. I hesitate to sell stocks while they’re down, which I would have to in order to rebalance; but should I rebalance into more bonds now anyway? What about future purchases? Stocks look to be cheap now so I hate to miss out on the “sale” by buying only bonds.
This all depends on your age. If you’re under age 50, leave it alone.
If you’re over 50 or nearing retirement, then your account should already be conservative, something like 60% bonds/cash and 40% stock.
It all depends on your age or how soon you’re going to retire. Good luck.
03/03/2010 S&P Emini Stock Index & Futures Recommendations