- Basically read everything listed on the wiki here.
- Understand why you are setting an AA and what the reality of that AA means for you.
- Remember you are investing with a specific future target in mind.
- Understand that the elements for success are how much you save, what your expenses are, and that you stay the course and don't deviate.
- Write your IPS - define your goals, your AA over time, your rebalancing bands, your TLH, etc...
- Ignore the talking heads on TV - they have no clue what's going on.
I have a 75/25 AA. *Technically* I should be more aggressive for my age but this is what works for me. I like having a larger buffer in bonds for my level of risk. I will be at 75/25 for another 7 years, then will update my IPS and evaluate if it's time to increase bonds or stay the course. I know what my equity exposure is, and what that could mean in the market. It would suck, but these numbers work for me.