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My accounts are up today!
ETA: every position I have is up today except for a few US large cap ETF’s.
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My asset allocation is about 50% varying riskiness of stocks and 50% bond-like things. The stocks went down, the bonds went up, it was almost a wash.
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Aaaaaand, we’re back. Hope everyone bought the dip.
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NPR’s podcast Planet Money (and it’s daily podcast The Indicator) have often talked about the President’s effect on the economy. The academic consensus is “much less than the public thinks”.
For those of you that listen to podcasts and like economics, this is one of the best adds, if you’re not already on it.
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Have started reducing my exposure to the US stock market. Too frothy for an old guy like me. Price earnings ratios are crazy compared to the stock markets in most other countries. The US dollar also looks expensive.
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Sweet merciful crap, Russell 2,000 up 3.50% on the day. I’ve got a pretty big chunk of FZROX, can’t wait to see the NAV update on that one.
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I keep a chunk of $ in IWM. Nice day!
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I have a sizeable position in FZROX, which is close, I think it has like 2,300 stocks. I’ll be sure to check the NAV on that one tomorrow.
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Fzrox the goat
It’s the only thing keeping me from moving everything over to Robinhood
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I didn’t have any small cap exposure for a long time until I bought $30K seven days ago.
Ching ching
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Increased my small cap holdings (percentage wise) earlier this year. They were a bit of an anchor on my YTD returns for awhile but obviously glad I made the change, for now.
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Feels like someone just stuck a pin in the Mag 7.
My investments were heavily weighted to S&P 500 for most of my work life. Since I decided to retire I’ve been diversifying and derisking, willing to sacrifice some return for less volatility.
Yesterday my return got propped up by small cap diversification. Today large value is carrying me, with SCHD and SPYV doing nicely.
I’m heading that way. Right now I’ve got roughly 80% S&P500, 10% FZROX (pretty close to the Russell 2,000), and 10% BND. By the time I retire I’ll probably aim for 75% equities and 25% bonds in my investment accounts, and I will likely reserve $200k or so in CDs or HYSAs to hedge sequence of returns risk.
I’m too old and conservative I guess: I still expect an October 19, 1987 event one of these days. I don’t mind being proven wrong though as I will always hold some US stocks.
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I do too. I just accept that I can’t begin to guess when that might happen.
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Me too, especially with Putin & Co. getting all restless.
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Well, there’s that
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We had that in October, 2008 - just, it was in slow motion over a number of days. There’s too many protections in the system to keep stocks from falling to allow a 1987-type event from ever happening again. A 1987-type rocket move? That’s still OK, going up exponentially in short order is still allowed. If anything, I’m surprised that hasn’t happened.
I think I asked a while back what would happen to get people to decide you know what, something’s not right here, I’m parking in cash and the consensus answer was nothing, I’m HODLTTM, the market always goes up, I’m forever in long and strong. As long as people have that mentality, you won’t see a big drop.
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