Scott: That may be different for every person depending on their risk tolerance and especially their date until retirement, etc. But I’d encourage people to get to well above 50% for sure. 70% is awesome.
With unusual upside returns in the market will come unusual downside returns in the market. What we want to capitalize on is being more exposed to the upside volatility in the market but less exposure in the market when the downside volatility comes. And eventually use the downside volatility to get a better positioning into some stocks because of our huge cash levels, that most investors won’t have.