I was "all in" on equities and held nothing but. My broker was out and had someone else facilitate a sell for me. First she advised me against and then also stated my account was way too equity heavy(all in). I wasn't conservative at the time because I knew better than that. She was also wrong regarding the advisement as history shows.
Closed a rough 9 positions over 2.5 years(2/3) on my last count(forget some of em'). What I hated the most was figuring out E.O.Y taxes while I was closing.
The amount of cash I made on UNP was insane. The only one I reentered was Pfizer(recently). And to be honest, that was my best entry/exit given it was unexpected returns from PFE thanks to covid. I more than doubled it...and reentered at the same damn place I started at...lol. A double on PFE??? PFE is for income and spinoffs...lol.
p.s. the crazy thing with PFE, I added for an upcoming spinoff and the plan/speculation was a reduced dividend(pre covid). I instead got an increased dividend and a spinoff that I sold immediately :)
If you perceive bonds as a safe haven, you need to rethink this strategy. Today bonds are nott the conservative safe haven asset class of our dads' Oldsmobile. The debt is at the tipping point and the only realistic (politically possible) way forward is monetization and inflation. There is, quite simply, no other future barring a slate wiper pathogen pandemic selectively killing everyone over 50 that is nott working - and even then - or aliens arriving with manna from Cygnus X.
This is a great summary (from a great Youtube financial channel):
The way I model reality is with science - models built from observation that are preferably testable by experiment and must always be falsifiable. This leads me to, at minimum, agnosticism, and for practical purposes atheism. I place zero credence in any Judeo-Christian-Islam religions and have no more reason to bleeve in a supernatural deity than witches, Zeus, Ra, magic pixie dust, pyramid power, telepathy, telekinesis, Uri Geller spoon-bending with mind waves, David Koresh, Joey Smith's Book of Mormon, Krishna/Vishnu/Brahma/Shiva/etc., or Charles Fucking Manson. I use these models operationally, nott in the bleef that they are perfect, nor even accurate, representations of reality - they are only operational models to use for prediction consistent with observations, and always subject to falsification or at least modification to better conform to observations and experiments.
AND, I view Federal Reserve Notes and the bills, notes, and bonds redeemable only in FRNs as no more or less a reservoir of value than Bitcoin or any other made-up fiat currency issued by a current nation's sovereign monetary authority or by an imaginary Japanese coder.
The term "heathen" is a foolish, undefinable word like beauty, justice, or goodness. A Catlick may CONsider a Hindu a "heathen" or a Buddhist a "heathen".
As an atheist (operationally), I am fine being kalt a "heathen"; I view it as a badge, if nott of honor, then at least of rationalism.