+1iceport wrote:The author has now published his companion article. I think his advice in this latest installment is not good.Dutchgirl wrote:I wonder what other Bogleheads think about the author's opinion.
DAVID A. LEVINE wrote:Indeed — except for known, near-term financial obligations like a large tax bill that you might owe on April 15 or a down payment on a house you’re buying in the next few months — the best asset allocation, nearly all the time, is 100 percent stocks.
You may wonder if I put my money where my mouth is. I do. As long ago as the late 1970s, I was investing 95 percent to 100 percent of my liquid assets in common stocks.
100% stock? Sure, as long as one plans on working until 80. Good luck with that.