dad was 60% shares 40% cash which is ridiculously high for a retiree but has benefited from this bull market. took a lot of convincing to switch the percentage around. suggested reducing to 30% shares 70% cash. this was 3 weeks ago, can you believe it takes amp 2 weeks to make that change due to royal comission.
Day Trader’s Aftermarket Lounge 25 Feb 2020, page-58
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