Hey Everyone,
First time posting on here. Me and my fiancé are working on reallocating our money in our retirement fund to reduce some risk to the downside over the coming year. Right now 100% of these funds are in a general S&P index. We are thinking about selling 80% of that and basically reinvesting in what would essentially be a variety of indexes that make up the S&P, with some of the riskier sectors left out. Plan is to hold these for at least 6 months, possibly longer depending on economy. Let me know what you think.
20% S&P index fund,
XLK – 5%,
XLI – 5%,
XLP – 20.25%,
XLU – 10%,
XLB – 2.5%,
XLV – 18%,
XLC – 5%,
XLE – 5.5%,
5% Sin Stocks – BUD, TAP, MO, PM.
Essentially we’re leaving out Financials, Real Estate, and Consumer Discretionary.
Remaining 23.75% we plan on using to DCA into individual stocks we like for the long run – Microsoft, Google, Amazon, Apple, Semiconductors (Nvidia, AMD, etc), etc.
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