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What's your current asset allocation?
Once you've listed your holdings, now comes the tough part: figuring out your current asset allocation.
But the probabilities the Monte Carlo models spit out assume you stick with your current asset allocation for decades.
Even if you are satisfied with your current asset allocation and plan to hunker down through the bear market, consider selling some losers now, booking the capital losses and reinvesting in similar (but not identical) stocks.
Do you know your current asset allocation, fees, and last year's portfolio performance?
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"The question is, 'Are you going to pay for that out of your current assets or are you going to get a long-term care policy?' " said John L. Hillis, president of Hillis Financial Services in San Jose, Calif.
Review the allocation of your current assets to determine the best combination of investments not only for your risk tolerance but also for your time frame.
Next, take a hard look at your current assets as well as investment and savings plans and ask a simple question: Can I get there from here?
This bears heavily on both the recovery and current asset underpinning for the quoted housebuilders.
Typically, inventory is a current asset.
They are defined relative to some neutral reference point that is usually the current asset position.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com