Scooter57 wrote:If hr had sudden, very large unanticipated expenses at a time when stock prices were way down, could he cover them without having to sell the stock at a loss?
His question/statement was that he believes his farm income can be a significant surrogate for the bond income portion of an asset allocation plan, allowing him to be much more aggressive in his equity/bond asset allocation (90/10, maybe even 100/0) than might otherwise be recommended for his age. Is this a rational approach? What are the pitfalls here? He is a buy and hold, long-term diversified investor.
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