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My entire portfolio is hedged with puts.
Most of my stocks have good dividends, so I'll collect them while I'm somewhat protected if the stocks go down.
The idea of that they once in a while i sell dune puts and buy more of the stocks i have, at lower prices. So when the dividends go down, as they will, i might be able to keep the total amount i collect the same, because i will have more shares
We'll see.
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No. It is not.Quote:
Originally Posted by jackstraw
I'm putting everything I can spare into the stock market right now. tough to watch it drop week over week but I'm not retiring for ~15 years.Quote:
Originally Posted by jackstraw
One thing I started doing differently though is i have a small portion of my paycheck that buys bonds. I'm realizing when this happens again my funds aren't allocated very well if I am close to retirement or retired, so starting to build up that bucket.
I’m being a bit aggressive myself today in regards to buying more of my dividend stocks.Quote:
Originally Posted by pogs4ever
REITs have have been pretty hammered lately. I have a small part of my portfolio with Vangaurds offering. Helps me sleep better for some reason.. Also nice to have it if I want some money to jump into the market with. Or at least in theory. Doesn't work so well when rates are skyrocketing!Quote:
Originally Posted by pogs4ever
VGSLX which has a 10 year return of 7.51% but ytd down a whopping 18.83.
I won't talk about a tiny bit of money I have in a GNMA except to say it has stayed tiny.
Maybe a buying opportunity for someone looking to diversify away from the market a bit BUT with much more short term downside risk for sure as rates rise and real estate demand softens.
If you are going to cash to time the market, you aren't a passive investor fwiw. I think inflation favors staying long, just have to ignore the shirt term bruisers.
I dunno. Times like these are fucked. Unless you want get into complex investments (I refuse) the math seems to suck for everything.
Depends on what you consider complex... But even now there are certain sectors that are doing well.. But.. Those sectors are not what I consider good investments for passive investors.. I am much more passive now than in the past.. Sometimes its emotionally difficult to think of an idea..then not invest.. Then watch that idea work well while my passive investments decline in value....but the discipline of doing nothing is usually less stressful day to day... I expect more increased volatility ahead....Quote:
Originally Posted by uglymoney
To me complex is something I can understand but forget how it works within a couple days. For people smarter than me this will be different for sure.Quote:
Originally Posted by up an down
Sectors doing well now are priced higher, so that negates the advantage of buying them right now.
You speak much truth though, and more or less describe my investment evolution as well
November 2021 would have been a great time to go to cash for anyone with a crystal ball.
I kinda hope Cono Este is correct. For anyone not retiring in the immediate future another 25% drop would be great so long as you can keep your job and keep contributing.
Market up on the news that JPow is sticking with 75 basis points. Real interest rate is -5.25%. Wish I had the conviction to buy calls today.
Sure seems like we're choosing to let inflation run rampant. The fed is not being aggressive.
I'm meeting with a financial advisor for the first time Friday. It will be interesting to hear what they have to say.
You should research expense ratios and load fees to understand what you're getting into before meeting with a "financial advisor". That industry is rampant with seedy bullshit.Quote:
Originally Posted by jackstraw
Make sure to stay away from whole life insurance as well.
Met with our financial advisor this morning. Good to have one. But definitely ask how they are paid.
Always make sure your financial person is a fiduciary.
https://www.investopedia.com/updates...iduciary-rule/
Yes, thank you all. They are a fiduciary and I guess they're kind of the local gurus and have a selective client base. Dartmouth folks, so not idiots. That is a good and potentially bad thing. Idk. I've always been skeptical of these guys based on absolutely nothing, so here I go. Give it a shot and see.
Crazy up and down moves today. Huge volatility.
Re: financial advisors. Flat fee fiduciary is the absolute gold standard if you can find it.
Lots of people claim to be fiduciaries without being willing to sign a fiduciary contract. My parents were swindled by a Raymond James CFP who had them in high expense ratio bullshit and had a 50 basis point per year "advising fee" on top of the high expense ratios.
I found them a flat fee fiduciary CFP/CFA/RICP Stanford MBA and their total yearly fees inclusive of expense rarios are about 1/3 of what my parents were paying to the RJ hack.
My parents are saving tens of thousands per year and their fiduciary is incredibly valuable. He and his team earn every penny of their flat fee ensuring everything is tax advantaged, doing asset allocation and setting up a detailed budget for retirement income.
It's not rocket science but my parents need a go to "person" so it's worth paying for them.
RJ hack told my parents she was a fiduciary but wouldn't sign paperwork saying so. I wanted to strangle her.
thank youQuote:
Originally Posted by Kevo
Markets down down
Thank you for the timely update
lol
Predicting future returns on the current trailing real rate is stupid
I'm waiting for the dead cat to stop bouncing.
Attachment 427108
As much would have it I haven't been able to put anything into retirement this year due to a job switch. Planning on doing a bulk purchase at the end of the year. Small difference in the grand scheme but hey, if that dead cat stops bouncing by the end of the year, it could be a happy accident.
Need to define what you mean by a passive investor. Going to cash is an active move.Quote:
Originally Posted by jackstraw
FactQuote:
Originally Posted by dunfree
“Sell the dip”!Quote:
Originally Posted by Brock Landers