Curious what's everyone's equity-non equity split now?

[boroangel]

Just want to see what the sentiment is now among here.

I have been reducing my equities for many months now, and am at 85% cash/T-bills - 15% equities. And yes missed the big equity runup since Q3 last year. Plan to just hold steady for now until the US elections are over and get ~ 5+% interest on T-bills.

How's everyone else's split and what are your plans for the rest of the year?

 

[narutos]

Roughly Stonk/Bond/Cash ratio: 67%/32%/1%

 

[yslvlys]

Just want to see what the sentiment is now among here.

I have been reducing my equities for many months now, and am at 85% cash/T-bills - 15% equities. And yes missed the big equity runup since Q3 last year. Plan to just hold steady for now until the US elections are over and get ~ 5+% interest on T-bills.

How's everyone else's split and what are your plans for the rest of the year?

1st time see someone higher cash position than me. Me around 70% cash in money markets / deposits, 30% equities

 

[sglandscape]

Around 50/50 now as cash is earning a decent yield, though also miss the recent equity run up

 

[yslvlys]

Around 50/50 now as cash is earning a decent yield, though also miss the recent equity run up

Yeah cash is a valid asset class for now with the higher yield. I don't think u missed the run up. Your 50% equities did participate in the run up. Win some "lose" some. In all likelihood markets could have gone down too. You would then have wished your equity allocation is lower. It's all about your comfort and satisfaction level in having that certain percentage of your portfolio fluctuating with the markets.

 

[highsulphur]

Equities /bonds (including cpf) /cash is 75/24/1

Have been holding minimal cash since covid started

 

[wutawa]

My cashless allocation

 

[boroangel]

Around 50/50 now as cash is earning a decent yield, though also miss the recent equity run up

Not sure if I will miss another runup till end of this year but yes, I eventually will want to get to around this split. In fact with salary incoming (assuming I don't leave my job) I do see myself getting below 15% equities by end of this year. Just holding bullets for now.

Am I the most conservative one around here?

 

[DevilPlate]

Also need to factor in the age group u belong and the phase of wealth journey.
Are you in the accumulation stage or preservation stage?

 

[DevilPlate]

Not sure if I will miss another runup till end of this year but yes, I eventually will want to get to around this split. In fact with salary incoming (assuming I don't leave my job) I do see myself getting below 15% equities by end of this year. Just holding bullets for now.

Am I the most conservative one around here?

Thats why easy to say DCA in global index funds consistently over 30years but it requires discipline and deep faith

 

[limster]

My cash/cash equivalent holdings keep on increasing because I have a habit of 'saving' a portion of my cash flow, and also because prices now aren't so fantastic that I feel that I can go all-in.

Technically, if I have more than enough cash for emergency/warchest etc, I should be saving ZERO cash every month, but saving is a hard habit to break....

 

[DevilPlate]

My cash/cash equivalent holdings keep on increasing because I have a habit of 'saving' a portion of my cash flow, and also because prices now aren't so fantastic that I feel that I can go all-in.

Technically, if I have more than enough cash for emergency/warchest etc, I should be saving ZERO cash every month, but saving is a hard habit to break....

More like u like to time the market whahaha

 

[BBCWatcher]

If you're now holding a significant amount of long-term savings in cash/cash equivalents because you were trying to time markets, and you're now staring at stock market indices at or near their record highs (and with dividend flows you missed that would've been reinvested), then I think it's reasonable to rule out the possibility marketing timing works for you. If market timing worked then you wouldn't have missed this post-COVID bull run, right?

....OK, that's all well and good, but what now? Well, start dollar cost averaging! And keep doing it for decades. Dice up your cash pile into chunks if you wish — maybe 12 monthly installments if it's a big pile — and reposition. Then keep going, every month.

Speaking for myself, I'm now wrapping on 30 years of dollar cost averaging. (I started very young.) That's 360+ months and counting. No complaints!

 

[highsulphur]

If you're now holding a significant amount of long-term savings in cash/cash equivalents because you were trying to time markets, and you're now staring at stock market indices at or near their record highs (and with dividend flows you missed that would've been reinvested), then I think it's reasonable to rule out the possibility marketing timing works for you. If market timing worked then you wouldn't have missed this post-COVID bull run, right?

....OK, that's all well and good, but what now? Well, start dollar cost averaging! And keep doing it for decades. Dice up your cash pile into chunks if you wish — maybe 12 monthly installments if it's a big pile — and reposition. Then keep going, every month.

Speaking for myself, I'm now wrapping on 30 years of dollar cost averaging. (I started very young.) That's 360+ months and counting. No complaints!

Curious what did you dca on 30 years ago

 

[gold_eagle36]

65 equities
35 alternatives (crypto, gold)
5 bonds
-5 cash/cash equivalents

 

[LWZ]

Equity 34%
Cash in bank 30%
Bond 23%
T-bills 13%

Planning to invest almost all my cash into T-bills and US equity.

 

[BBCWatcher]

Curious what did you dca on 30 years ago

I believe it was a low cost "aggressive portfolio fund." That's a single fund that holds a combination of a well diversified stock index fund (U.S. and non-U.S. stocks) and an investment grade corporate bond index fund, probably 85% stocks/15% bonds. A fund like that one automatically rebalances between stocks and bonds to maintain the same ratio.

I bought that fund within a U.S. tax advantaged 401(k) retirement savings account, roughly comparable to a Singapore Supplementary Retirement Scheme account. 401(k) plans are employer-sponsored, and the employer typically matches a certain percentage of contributions, as that one did. Employee contributions are from automatic payroll deductions. I'm pretty sure I maxed out 401(k) contributions, so that would've been 10% of gross (pre-tax) pay plus the employer's match which was probably another 5%. The option for post-tax contributions — what's called a "Roth 401(k)" — wasn't available back then.

Let's suppose for sake of argument that $9,000 was invested that first year ($500 per month from me plus $250 per month from my employer in matching funds). In 30 years that's probably roughly 15X in a fund like that, or about $135,000. But those are nominal dollars, so in real (constant) dollars it's more like 7X or $63,000. But that's pre-tax, so if you assume no further gains and a 30% effective tax rate then it'll be roughly $44,000 in constant dollars.

I'm OK with that, and that's just one year. Very roughly, of course. $6,000 (from me) turning into $44,000 (constant dollars, tax adjusted) is really nothing to complain about.

 

[wutawa]

I believe it was a low cost "aggressive portfolio fund." That's a single fund that holds a combination of a well diversified stock index fund (U.S. and non-U.S. stocks) and an investment grade corporate bond index fund, probably 85% stocks/15% bonds. A fund like that one automatically rebalances between stocks and bonds to maintain the same ratio.

I bought that fund within a U.S. tax advantaged 401(k) retirement savings account, roughly comparable to a Singapore Supplementary Retirement Scheme account. 401(k) plans are employer-sponsored, and the employer typically matches a certain percentage of contributions, as that one did. Employee contributions are from automatic payroll deductions. I'm pretty sure I maxed out 401(k) contributions, so that would've been 10% of gross (pre-tax) pay plus the employer's match which was probably another 5%. The option for post-tax contributions — what's called a "Roth 401(k)" — wasn't available back then.

Let's suppose for sake of argument that $9,000 was invested that first year ($500 per month from me plus $250 per month from my employer in matching funds). In 30 years that's probably roughly 15X in a fund like that, or about $135,000. But those are nominal dollars, so in real (constant) dollars it's more like 7X or $63,000. But that's pre-tax, so if you assume no further gains and a 30% effective tax rate then it'll be roughly $44,000 in constant dollars.

I'm OK with that, and that's just one year. Very roughly, of course. $6,000 (from me) turning into $44,000 (constant dollars, tax adjusted) is really nothing to complain about.

I like how u reply a simple qtn with many para but no ans. Hehe

 

[BBCWatcher]

I like how u reply a simple qtn with many para but no ans. Hehe

I answered the question asked in the very first sentence. Then I elaborated on how it all works/worked.

 

[sohguanh]

Curious what did you dca on 30 years ago

One need to know 30 years ago what is available in the market. E.g I am sure China A share, ETF, US share not so easily available and even if there is the fees maybe steep.