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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch 🐝🐝🐝🐝 SILVER
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Number: of 15061 
Subject: Re: I am noodling on a major change to my portfolio.
Date: 11/26/2023 2:03 PM
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No. of Recommendations: 12
Wise words, resulting here in: Whether the structure is fine or not depends on the goals one has and can't be assessed without knowing those.

Sure.
But bear in mind that it's a portfolio built by the poster. Presumably those things were chosen for reasons which made sense to that person's situation, at least at the time.
And there is a strong correlation that the more changes one does to a portfolio, the more bad things happen.

My point is that there is usually no need to change a decently solid portfolio just because one might be approaching retirement, as long as it's not a "get rich quick" kind of thing*. The conventional wisdom to shift to bonds, for example, is stupid advice.

Jim

* in which case it's usually a good idea to at least consider changing it, without regard to the time to retirement!

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