bluesmoke

Diversification Isn't What It Used to Be

The old adage of having the proportion of bonds correlated to your age is a good one, yet many have never heard of it. (ie, if you are 50 years old, your portfolio should be invested 50% in bonds).

It's a brave new world. I have taken a few other steps - roughly 3-5% gold, and another 10% in monthly fixed income stocks, or mlp's. Looking at the current deficit, as the nation ages I believe income from a variety of sources will become more & more important.