Insights: Why I caved and altered my retirement portfolio


Risk averse: Constantly worrying about your investment portfolio is a valid sign that you may be taking on too much risk, the experts agreed. —Bloomberg

I RECENTLY did what most financial advice forbids: I stuck my hand in my retirement portfolio and backed out of some stocks.

Earlier this month, I stared at my long-term portfolio, got spooked by the 81% that sat in equities and dialled that figure back to a more moderate 60%. I also tripled the fixed income portion of my portfolio to 27%.

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