Asset Allocation When You Have Enough
What you'd like to achieve with any "extra" assets can help you calibrate your portfolio's equity exposure.
What you'd like to achieve with any "extra" assets can help you calibrate your portfolio's equity exposure.
I recently chatted with a retired couple who were looking for a second opinion about their portfolio’s asset allocation. They were fortunate enough to amass a sizable portfolio through diligent saving, a frugal lifestyle, and inheritances from some family members who passed away. Because the inherited assets included numerous individual stocks, their total equity weighting is on the aggressive side--about 65% of the portfolio’s assets.