If you were all in on stocks, then you’ve lost at least 30% if you didn’t pull out already.
Here’s a standard guide:
- Take 100, subtract your age, and that’s the amount of stock percentage you should have. So, if you’re 45 years old, you should be in about 55% stock.
You’ll want to diversify:
- Bonds: Treasuries, corporates, municipals
- There’s preferred stock, which acts like a bond
- There’s gold: physical or in a fund
You might want to spend the money to get a financial plan with a fee only certified financial planner professional -- it’s well worth it!