00:00 Speaker A
What percent of your portfolio should be in bonds? I know it’ll be a little different for everybody. But are you a sixty-forty person, some other number? Yeah.
00:08 Speaker B
Right.
00:10 Speaker A
Sixty-five.
00:11 Speaker B
Yeah. I’m like, yeah. Right? As a bond girl, I do want to say, oh, you need to be all bonds, but that’s not appropriate for everyone. So, I will say, one of the best selling strategies we have at Crossmark, we call it our balanced core strategy, and we do take our large cap core equity and combine it with our core fixed income. People love having that combination in one portfolio, and it’s fifty-fifty, uh, for us. And we do allow a 10% swing, because you want to be able to take advantage of one part of the market moving higher. You don’t want to always be in their trading and reallocating it, so we allow it to swing a little bit. But fifty-fifty has worked well. I know sixty-forty historically is what a lot of people put in their portfolios. Some people even go seventy-thirty, but it depends on your risk tolerance, right? So people have to work with their advisors, look within themselves, how much volatility are they willing to take in their portfolio. Um, but I think everyone, even people in their twenties, thirties, you know, as they, um, even when they’re young, it makes sense to have an allocation because it generates cash flow for you.