A delightfully measured take from George. However, consider the alternative: you can absolutely just dump all your US stocks at 30 P/E tomorrow morning and buy the EAFE at 15 instead.
Reposted from
George Pearkes
Please do not rebalance your 401k based on headlines.
Select asset allocation appropriate for your time until retirement (generally: higher allocation to bonds as you get older). Sock away the max tax deductible/matched amount every month, and don't look at it until you're pretty close to retiring.
Select asset allocation appropriate for your time until retirement (generally: higher allocation to bonds as you get older). Sock away the max tax deductible/matched amount every month, and don't look at it until you're pretty close to retiring.
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