The way I see it, if I'm going to have my Roth IRA until I'm 65, why not just go for maximum gains? I don't care about huge downturns, I just care what my money will be by the time I'm old.
I believe doing something like 100% SPY or 100% VTI sounds like I'll have way more gains than if I had a portfolio with bonds, but I see a lot of advice on having a "balanced" portfolio for your risk tolerance in a Roth IRA. Is the purpose of having it balanced/diversified just so in case of emergencies you can withdraw your contributions and not end up being -50% down during a downturn/recession?
Edit:
My current Roth IRA looks like this: 50% QQQ, 50% SPY.
Submitted May 11, 2019 at 03:00PM by loopey33 http://bit.ly/2LDGZEP
