1/31/2024

4.  I have $1.5 million in cash and a total portfolio value of $5.8 million.  My asset allocation is 43% equities and 57% bonds.  I have Social Security and other income of $90,000.  Should I change my balance to 60% equities and 40% bonds?

5.  If you only need a 2% withdrawal rate, what would be the right asset allocation for a someone really investing for my survivors?  How about 90% equities and 10% bonds?

6.  Is there a time or value of investments that someone should get a trusted advisor?  If so, how do you find them?  Several sources mentioned:   https://www.garrettplanningnetwork.com/about/contact/  and  https://adviceonlynetwork.com/

7.  What changes can a 50-something make to boost their 401k returns?

8.  What are your thoughts on robo advisors/investing?

9. What is your advice for a parent who wants to persuade their adult children to educate themselves about investing?  After you listen to the answer please send me an email  to  paul@paulmerriman.com  about what steps you would take?  Please include your phone number.

10.  Will the program be recorded?  Of course I don’t know as I don’t know where the list came from.  If you know, please let me know.

11.  What should I do with penny stocks that are down 89 to 90 percent?

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