I am an octogenarian who still is a consultant in the graphic arts inustry. I have a self-managed investment portfolio consisting of about 60% individual equities, with the balance largely in preferred stocks and between 5 and 10% in cash. I am finance chair for a non-profit organization. I am maintaining that organization's portfolio at about 60% equities and 40% bond funds and cash. Most of the funds are in low cost Vanguard accounts.