I'll try to keep this as brief as I can:
I want to take on more risk in my asset allocation. I am currently 20% in bonds using Wellesley while the other 80% is VTI, International and the remaining Stocks in Wellesley.
I want my asset allocation to be set at 90% stocks, but I feel I am at a problem. Wellesley, which I started investing in during 2021 is at one of it's lowest points in quite some time, so it has had a negative hit to my portfolio. But I don't want to get rid of it entirely because historically it's a really good fund.
To get to 90% stocks, should I:
Should I sell a portion of it to rebalance, but by selling, I'm selling LOW.![:annoyed]( "annoyed")
OR
Should I stop buying and let my Portfolio adjust over time, but miss out on the cheaper Wellesley fund AND the eventual expectation that the FED will start to CUT which means Wellesley should make a very nice bounce back?
Thank you in advance!
I want to take on more risk in my asset allocation. I am currently 20% in bonds using Wellesley while the other 80% is VTI, International and the remaining Stocks in Wellesley.
I want my asset allocation to be set at 90% stocks, but I feel I am at a problem. Wellesley, which I started investing in during 2021 is at one of it's lowest points in quite some time, so it has had a negative hit to my portfolio. But I don't want to get rid of it entirely because historically it's a really good fund.
To get to 90% stocks, should I:
Should I sell a portion of it to rebalance, but by selling, I'm selling LOW.
OR
Should I stop buying and let my Portfolio adjust over time, but miss out on the cheaper Wellesley fund AND the eventual expectation that the FED will start to CUT which means Wellesley should make a very nice bounce back?
Thank you in advance!
Statistics: Posted by Stillwater1971 — Sat Feb 10, 2024 5:57 pm — Replies 4 — Views 506