95% stocks 5% bonds is way conservative to me. I think you will be a BIG winner.
As far as rates go, it is my belief that things are beginning to appear that will indicate that previous rate hikes are starting to take effect. We are just now starting to see some sign of that. The effects of the last few increases will not show up for months yet. Rate increases have a delayed effect on the economy and statistical data is usually 6 months out before effects are seen. Consequently, the next hike in June wouldn't show up in the economy until the end of the year. After June we have the election period until Nov. Historically for political reasons, this is not usually a good time for rates to go up . Then we have that hot Christmas selling season with many great electronics on sale - like Sony PS2's and Intel Willamette's, etc, etc. If the Fed does a 50 basis point increase in June, that is probably it until at least the end of the year. IMO, we may only see 25 basis points and a change in bias to neutral. IF the economy slows too fast - we may see a 25-50 basis point DECREASE before the election. Gore would give his right arm for that.