Quality, Growth and Value
Signals are mixed--the stock market is overheated, inflation is bubbling, trillions are being pumped into the economy. In times like these I revisit my allocation, rebalance my portfolio, and cycle away from risk and towards quality. As a buy and hold investor, I don't make large moves unless I see a clear opportunity. In early 2020, for example, I had some cash sitting aside due to a 401k from a company that shutdown. As the market crashed due to Covid-19, I moved that cash back into the market. The timing had more to do with luck than anything. I don't try to time the market, but I want to be in a position to take advantage of opportunities that arise. Right now, I am focused on rebalancing my portfolio to ensure I have the proper allocation going forward. With the hot stock market, my portfolio is now weighted heavily towards equities, so I have been building up a bigger cash/bond position appropriate for someone closing in on retirement in less than 15 years. As I looked th...