Background: M28, good income, high risk tolerance.
Current portfolio: 50% in stocks, 20% in SPYM, 20% in target date 401k, 10% in cash.
I'm relatively new in my investment journey but I have done a fair amount of research. In March 2025, my portfolio was down 30% and it really didn't bother me one bit. The only issue I had was that since I was already 100% invested, I didn't have cash to buy more at the discounted prices :(
Next time when something like this happens, I want to be able to make the best use of it.
1. Should I keep some money in gold, silver or bonds? If yes, how much? I don't care about short term fluctuations and want highest expected returns in the long term.
3. I read a research paper suggesting 100% equities for long horizon, but then I will have the same problem as last year. Maybe I can go 100% equities but keep a big chunk of it in a broad index. When the downturn comes, sell some of it to buy high conviction stocks trading at more extreme discounts.
3. I am also thinking of changing my pension funds from target date to fully broad market equity. Thoughts?
I'd appreciate any suggestions. It will be really helpful if you could point me to some good resources like research papers, blogposts, etc.
Thank you very much!!