I've been contemplating down markets as we make new highs in some areas of the market.
I have been reviewing my portfolio for what has not participated to the recent upside and I trying to understand why. Like being picked last in kickball, some of my holdings have been left on the sidelines. I need to consider the value these laggard investments provide my portfolio. Most importantly, as an retired investor in the de-accumulating phase of life, I contemplate how best to manage my portfolio withdrawals as I dollar cost average out of positions in up and down markets.
Long term treasuries have historically appreciated during periods of equity down turns. This was not the case most recently as we witnessed both equities and bond move down in unison.
Have we returned to more normal times where bond (especially LT bonds) will balance out our portfolio performance by acting as the opposite weight (barbell) to our equities?
Time to review some of the all weather portfolio links I have bookmarked somewhere.
I'll start be re-posting @hanks
June 2023 discussion submission:debate-over-60-40-allocation-continues/p1