How do you allocate your stock/bond portfolio?
Personally I have always thought the mathematical approach that financial advisers take when they advise people what to do with their money is silly. It ignores probably what are huge mistakes in the pricing of certain markets.
For instance I feel the same as buffett does on bonds currently...
http://video.cnbc.com/gallery/?video=3000166399And my allocation is similar to what he recommends - 90% equities and 10% cash
This approach has done really well since I started investing/earning money in 2006 with a 18% annualized return since. VS the market index of 6%. Obviously looking back alot of this is luck - betting on the market when it was at its lows...etc. But still I believe bonds - at least long term are a crazy bet.