so, yes, we are looking at varicat avery challenging year h the middle of november and 15% roughly onar with a drop in s&p 500 over the same period and bonds entering a bear market and again, it doesn't mean the system is dead. it's just, yes, it's a challenging year and you don't want to minimize that but i want to advise it and didn't want to change drastically. jack: stocks are cheaper and bonds giving yield, 4.5% or so. >> yeah, that's something that, i mean, over the last 15 years was basically never happening and on the bond side of the portfolio as you point out, you're getting 4% yield and heading into recession their environment, bond portfolios have held up when talking about treasuries, the fight to safety and someone coming in now, you're coming in at a lower point. >> 60/40 right, not for everyone. how do you tell what's the right mix for you? 70/30, what have you? everyone says age. how much should be wealth and what you're using the money for? for context, i'm 85 years old which in the u.s. makes me run for president in 12 years and might need campaign cash. >> for that