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I must presume you have ready access to about whatever balanced fund you desire.
Over a +10 year time (the longer the better), none of your choices will vary much, or at least enough to cause concern, IMHO.
chart, from July, 2008 to date
Moderate Allocation list
Build your own: BAGIX and FDGRX , 198% average since July, 2008 chart
Comparative returns from my list in the chart, from July, 2008:
--- JBALX = 159%
--- VLAAX = 152%
--- FBALX = 143%
--- VWINX = 135%
*** BAGIX and FDGRX, build your own = 198% (note: FDGRX closed, with exceptions, but an excellent equity example in the growth fund area.
Overview: If one holds a 50-70% moderate allocation fund, active managed; there will be periods when equity takes a hit that will cause the investor to have "oh, crap" moments.
There is nothing designed into these type of funds that attempts to "out think" the markets, Standard balanced funds had "ah-ha" periods during the 2008 market melt, the 2011 downgrade of the AAA rating of U.S. debt by Moody's, a period in 2015-2016, a market thump in Feb. 2018, a big downward hit in Dec. 2018 and this past week. Given a long period, a quality fund in this area; from a firm that has a long enough track record to support a proper review, should allow an investor to pick from a top 20 or 30 list resulting in similar return outcomes over any 10 year period. A top 20 list is going to have comparisons, variations over shorter time frames due to management changes in holdings and what sector of the equity market in "hot" for awhile. A quality choice should serve anyone well in this area, with perhaps the greatest risk to the portfolio coming from the ability of the investor to stay with a plan. One may have faith in the skills of the management of a fund or build your own balanced fund. One bond fund and one equity fund or perhaps 2 of each at the most, for more of a diversified mix.
Only my view, Bobpa.
Have a good one , Derf
P.S. Do you live in the recent snow zone?
This is what we did before and continued after 2007 crash and we did extremely well
If short term horizon few yrs til retirement probably best to speak to fidelity or Schwab advisors./vanguard advisors and decide best actions maybe placed to high bond portfolio/cash/monies-CD high quality corporate bonds. We rebalance mama portfolio 16 months ago (she retired now high 50s%bonds and 40%stocks) ; she lost 1.5% over past 5 wks but lots Dividends from Corp bonds come in tomorrow so she maybe happy in next few days
Her few top holdings DODFX /fidelity contrafund(we stop distributing to these fund),
But continued to add to fbnd, phk, jnk, fidelity2015 lifecycle fund, poncx, lsbrx
Very conservative portfolio
For mine portfolio highest holdings are in brk.b, dows etf, vti vanguard primecap core, vgstx, spy, eem...we continued to add to these recently
2%in gold, 1% cash
We added vde energy oil etf late friday
Hi @Derf. I am not in a target date fund... yet. I have 1/2 my IRA in the Schwab robo but my plan is to reduce that or even get out altogether. When I do a big chunk will go to the TRP 2020 fund.
No major storms in the Rochester area. In fact it hasn't been to bad a winter here. Forecast is mid to upper 40s the next 10 days. Hoping for an early start to golf season this year!
Thank you for all the responses and your time to make them.
My addition would be SGENX, if you can get it without load. It has NOT been outstanding in the market when it was going up like crazy, but I think it will hold on better than others if this downturn is prolonged. The fact that it holds 9% gold and 13% cash should help. It is not bulletproof, but it is a keeper in my opinion.