Tomorrow I'll do a video on my predictions for 2023. This is an insight into some of my thinking...for stocks.
1. The market has never bottomed before an official recession
began.
2. The market rarely bottoms when the Fed is still hiking rates (FFR
was only higher 12 months later following the 1987 crash).
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
https://www.morningstar.com/funds/vanguard-wellesley-income-is-top-choice
Could be a great fund to start with starting in retirement and cash. Or use Vanguard Wellington and cash if you want to be more aggresive
https://www.morningstar.com/economy/what-weve-learned-150-years-stock-market-crashes
Take a look at this what has happend in past in stock market