Therefore, I’m largely (70 percent) in fixed-income investments at this point, with 6 percent in cash, 4 percent in gold and 20 percent in equities.If you want to roughly replicate this allocation, here’s an easy way to do it using mostly funds: For the fixed-income portion, limit the maturities. If you don’t, you could get caught in a bond fund that loses substantial value when interest rates rise. Put 50% in the Vanguard Short-Term Investment-Grade Bond Fund ( VFSTX) or Vanguard’s Short-Term Tax Exempt Bond Fund ( VWSTX). Use the tax-exempt funds outside of an IRA or other tax-deferred account. Having significantly protected half of your money, you can reach for a bit more yield with the other 20 percent of your fixed-income sector. You could put a portion in the Vanguard Limited-Term Tax-Exempt Fund ( VMLTX). For more yield, invest in Mr. Gundlach’s DoubleLine Total Return Bond Fund ( DLTNX), which yields over 5% (as of 4/5/13) and has an average maturity of 3.67 years and an average duration of 2.23 years. That’s a healthy yield with modest risk metrics, but its best advantage is the fellow by whom it’s managed. You could also diversify within your fixed-income assets percent by investing in Vanguard’s GNMA bond fund ( VFIIX), which yields 2%. Or you could allocate a portion to the Stable High Yield model that I manage at Covestor. Through April 4, it has returned 12.7% over the past 12 months. For the stock portion (20%), you can stick it all in the SPDR S&P 500 ETF ( SPY). That way you’ll participate in any interim boosts from the stock market. If you do want to include an individual stock or two, pick among good dividend stalwarts like Altria ( MO), Kinder Morgan ( KMP), Plains All American ( PAA), Verizon ( VZ) and AT&T ( T). Now, there’s at least one well-respected voice out there who is forecasting U.S. deflation, but most Fed policy dissidents believe inflation is the higher probability. We’ll take their side by allocating 4 percent to the SPDR Gold Shares ( GLD). Some pundits think gold has had its day and that silver is the better play, so the iShares Silver ETF ( SLV) is another option. The remaining 6 percent cash stash is for particular opportunities that you might come upon as you leave the party. Sleep well.