Your Survival Guy recently made a six-figure addition to my dividend-centric portfolio. Does that mean every single position pays a dividend? Not necessarily. It just means I favor dividend-payers over non-dividend-payers.
On the fixed income front, I have plenty for my age (52 years), with some gold as part of the mix. When you’re in your 50s, you want to build in some stability with bonds. As you get closer to retirement, I like the idea of gradually increasing that percentage. You need to figure out the right mix for you as you build your retirement plan.
Action Line: In my conversations with you, we don’t talk about asset allocation every single time we talk. It’s more of a gradual understanding we figure out together. When you’re ready, let’s talk.
Originally posted on Your Survival Guy.