Posted on 11/04/2020 10:50:29 AM PST by Justa
Conspiracy rant: Nothing will stop biden/harris from taking your money, ecspecially when Uncle Joe departs.
You see, your money is the direct result of a corrupt racist society. You have money only because you have White Privilege, so, that gives Harris the right to seize your ill-gotten bucks.
Tin-foil hat off. . . .
You chose poorly
Move to cash, property, or precious metals
thanks for the tip, i think.
I moved about 40% of my retirement assets to bond funds in October. I wanted to be sure I would have enough for at least the first 10-12 years, in case the markets don’t come back any time soon. Am hoping to retire in about 15-18 months.
To protect from Joe and the Dems long term, you’ll need to get the assets out of the 401(k).
How about doing something patriotic and donating a bit of it to Team Trump (and maybe FR) instead of boasting how you’re taking care of yourself as you bet on your country going down the tubes.
“Bonds are never a good long term investment for retail investors. “
Agree. But if stocks are due for a beating it’s good to park assets in bonds and buy back in when they’re depressed.
I purchased IGV 18 months ago rather than QQQ. Still have it.
Kamala won’t replace Biden until 1 day past two years in office so she can run again twice.
So If stocks are soaring than that growth will drive my stock index funds to make up more than 80% of the portfolio, so I sell the overrun and use the proceeds to buy more of the bond funds. If stocks are down, bonds will be more than 20% of the fund so I sell some and use the proceeds to buy stocks.
Basically I'm selling stocks when the market is high and I'm buying stocks when the market goes down. But not every day, four times a year. Once a year I decide if I want to change the ratio. It started 90% equities, as I've aged I've made bonds a bigger share to hedge risk since I am closing on retirement in 10 years or so. So far I've done VERY well with this strategy, as have many others.
Here's an article on the approach:
https://bottomlineinc.com/money/mutual-funds-etfs/simplify-your-portfolio-with-one-two-or-three-funds
The problem with moving into bonds when you think stocks are going to take a beating is that you have to be right when it comes to timing. Most investors aren't.
I've been investing successfully for over 40 years and know that when markets take a dive, they recovery pretty quickly. Ergo, I ride out the storms.
In fact, I don't just ride out the storms, I usually buy calls when the market takes a what one would call an "irrational" or "hysterical" dive. Almost always make money with that strategy.
Physical or stocks?
Uh and why is the stock market going crazy today. UP UP
I’m thinking of allocating more to gold and silver mining companies if Biden wins.
I’m holding where I am if Trump wins.
Smart move. If Biden wins wait til inevitable market crash then go back in.
With interest rates so historically low, stay away from any bonds or debt investments with maturities beyond 1 year.
If interest rates go up later, you will be HAMMERED as the Market Value of longer term bonds will PLUMMET.
My 401Ks only allow transfers into their fund offerings rather than individual stocks. I pick index funds for expense savings and diversification. I looked at options once and decided it’s too much to for me to manage. I trade maybe 3 times a year mostly in response to macro events.
No one cares.
So THAT’S why my camping air mattress keeps getting holes ...
“If interest rates go up later, you will be HAMMERED as the Market Value of longer term bonds will PLUMMET.”
I understand this. It’s a 30+ day move. Just parking there anticipating a market decline. If not then I can get back in during the Walls Street Leftists’ temper tantrum to Trump winning.
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