For your parents' situation, I'd suggest a mix of stocks and safer investments. The 25% in something like VWRP could be a good fit if they’re okay with some risk, but I'd also consider a portion of dividend-paying ETFs for regular income, especially if they want some cash flow from their portfolio. For the rest, cash is good for safety, but I’d avoid letting it make up too much of the total, since inflation can still nibble away at its value. Short-term bonds or government bonds might be worth looking into for stability, but long-term bonds probably aren’t ideal with rates as they are. I’ve been adjusting my own portfolio like this, balancing risk with more secure assets for long-term growth without taking on too much volatility.
Statistics: Posted by Emorla — Sat Nov 23, 2024 4:13 am