Your asset allocation should reflect your goals.
Those funds no longer have a spot in your asset allocation.
First, check your asset allocation, or the mix between your stock, bond, cash and other investments.
"If you have a drought on a hydroelectric dam, your asset is dead," Mr. Connor said.
Less equity means the value of your debt will exceed the value of your asset that much sooner.
Here's the big one: The book is not great at helping you figure out what your asset allocation should be.
spokesman, explained it this way: "Since it's your asset and mine, you want to make sure they do it right".
A planner should be able to give you the probability of having enough to retire comfortably with your asset mix.
So this might not be the best time to drastically overhaul your asset allocation strategy by reducing your exposure to stocks.
Do some research into alternative funds that fit your asset allocation before telling your soon-to-be ex that it's over.
Category 2 is a little fuzzier, where there are observable markets that provide a good guide to prices of your asset, even though there is no direct market.
