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Those funds no longer have a spot in your asset allocation.
That being said, you'll want to have some of those in your asset allocation, too, because they can serve as a "safe haven".
Of course, a 2.3percentt rally does not justify a major shift in your asset allocation, especially considering the transaction costs.
Getting too adventuresome in your asset allocation, paradoxically, can raise your probability of running out of money.
Having more equity in your asset also gives you the ability to refinance over time and use the proceeds to buy additional assets and grow your portfolio.
If the market moves downward 10-15%, it is usually an indicator that a more fundamental economic principle is in play that may continue to negatively affect the market and should be considered in your asset allocation formula.
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A moderate investing strategy will give you stability while maintaining the potential for growth in your assets.
Or it could be a divorce, marriage or whenever you have a large increase in your assets.
Even with some assets, there can be economic hardship if you are unable to borrow against the equity in your assets, and if liquidating the assets would render you unable to meet basic living expenses.
A. You should check with the attorney who represented you at your divorce regarding the possibility of your former wife claiming any further interest in your assets.
When you die without a will (intestate, in legalese), your assets pass in accordance with your state's intestacy laws.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com