Subject: Re: 90/10 or 10/90?
DW and I are in our mid-70s. Approx. 40% of our net worth is in our personal real estate, which generates no income but provides much pleasure. Of the balance, we're currently allocated approx. 20% equities and 80% CDs, Treasuries, short-term money market, and cash. We rarely exceed 40% equities. BRK is our single largest holding, and that's been the case for at least the past decade.

An annuity and our Social Security provide 80% of the annual income we require. Life is good.