Ask Terry Questions This Market

This Market

By Terry Savage on August 21, 2015 | Investments

Hi Terry;
In light of whats been happening in the markets, where would you suggest to have your money invested. I’m currently at a 70/30 stock bond mix and at age 61 i cant afford to wait ten years to return to what I have now, (if the markets tank.
Any suggestions
TVR

Terry Says:  There’s an old saying:  “Sell down to the Sleeping Point!”  I have been saying for months (check the columns at TerrySavage.com) that for those who can’t afford risk, this would be a good time to “rebalance” your portfolio, moving some gains to more conservative options. Read today’s column posted on my site.

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