LactoseO.D.'d posted:

Agreeed. People continually overweight themselves in equities stating that you are supposed to have more equity exposure when you are young. Well, technically yes, you should have more exposure, because as you reach retirement age, your equity exposure should be lessened as much as possible. But then you get these 90% equity portfolios because people think that their age is some sort license to throw all the benefits of diversification out the window. Hopefully this market cycle teaches some people how bad this practice is.