Below is a first attempt at Portfolio Recommendations based on

 
• Objective Risk Tolerance Factors: (1) Investment Horizon and (2) Ratio of Financial Assets to Total Wealth, including human wealth (note that for most American households, the ratio is less than 20%); and
• Subjective Risk Tolerance, Based on the subjective risk tolerance questions at the web page http://hec.osu.edu/people/shanna/risktest/index.html

If you have extremely low to low risk tolerance, count as LOW.
If you have moderate to extremely high risk tolerance, count as HIGH.

A. Ratio of Financial assets/wealth	B. Horizon	High risk tolerance	Low risk tolerance
Ratio < 20%	< 2 years	CD's, etc. matching horizon	CD's, matching horizon
Ratio < 20%	2-5 years	stocks + 5 year government bonds (80/20?)	stocks + 5 yr government bonds (50/50?)
Ratio < 20%	6 to 9 years	all stocks	all stocks
Ratio < 20%	10-19 years	all stocks	all stocks
Ratio < 20%	> 19 years	all stocks	all stocks
Ratio > 20%	< 2 years	CD's or similar investments matching horizon	CD's or similar investments matching horizon
Ratio > 20%	2-5 years	stocks + 5 year gov. bonds (60/40?)	stocks + 5 yr. government bonds (40/60?)
Ratio > 20%	6 to 9 years	all stocks	stocks + 5 yr. government bonds (60/40?)
Ratio > 20%	10-19 years	all stocks	stocks + 5 yr government bonds (80/20?)
Ratio > 20%	> 19 years	all stocks	all stocks