If you have that much cash and bonds, and lost 7%, I would think you need to really rethink everything you are doing.
At age 31, you are more than 20 years to retirement. T Rowe Price suggests this allocation be 100% equites (any money needed in 15 years or more is 100% equites for maximum growth).
Large Cap
Mid Cap
Small Cap
Foreign large
Foreign small
Emerging markets
would be the asset classes I would look for.
The current market has NOTHING to do with this advice. Retirement is a long term goal, so use a long term strategy. The market has always bounced back, being 100% equity will let you ride it all the way up.
Buy now.
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