gmeteer: Think we are on the same page
Quote:
Originally posted by Howard Agency
I'm 65 and while my retirement portfolio is only about 1/3 of my net worth (rest is in real estate and business ownership) 85% of that portfolio is in stocks/mutual funds, the rest in cash/bonds.
After 40 years of investing, I'm still convinced that a diversified stock portfolio is the best way to go. Where's that sword? 
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I was in pretty much your position 4 years ago re: business and real estate ownership. In 2002, the writing was on the wall: the internet was killing our software business so when one of our competitors made an acceptable offer we sold. We just sold our office building in Feb. so am now out of business and real estate. Interesting how quickly things can change and none of it particularly planned. I have had discussions with several friends who insist they will work til they are ?? that sometimes the best laid plans of mice men....
Definitely agree a diversified portfolio is the way to go but think I will sleep better with a bit less exposure. Besides that, I think tabs has cornered all the swords...
Jack
