The stock market

Picked up GS at 351.25

Capital markets are still there, lots of money on the sidelines, deals will happen.

Watch banks with increasing consumer debt. The switch from "saving" (now being used up as the "free" money ended), rise in interest rates, banks will make money!
 
I've had my retirement accounts in various Mutual Funds for the past 30 years under the supervision of a financial advisor. I have changed some of the distributions over the years but for the most part, only small changes have been made. I never make any changes because of times like this. I left everything alone in 2007 as well as March 2020 when things went nuts.

I can't complain about the performance over the last 30 years. I think people are nuts that take their retirement money and move their investments every time Wall Street has a bad day. I did great 2016 to mid 2021. I was thinking maybe retiring 4 - 5 years early if the performance kept up. We will see what happens in 2024. Maybe I will get a lot more fishing time in!
 
Aquarius said:
I've had my retirement accounts in various Mutual Funds for the past 30 years under the supervision of a financial advisor. I have changed some of the distributions over the years but for the most part, only small changes have been made. I never make any changes because of times like this. I left everything alone in 2007 as well as March 2020 when things went nuts.

I can't complain about the performance over the last 30 years. I think people are nuts that take their retirement money and move their investments every time Wall Street has a bad day. I did great 2016 to mid 2021. I was thinking maybe retiring 4 - 5 years early if the performance kept up. We will see what happens in 2024. Maybe I will get a lot more fishing time in!
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when I said I'd invest in the companies I mentioned - that would have ony been if I had disposable money & was younger - much prefer investing in a mixed fund for the reasons you mention

I only own one stock outsde of a fund (Estee Lauder) & got into that one in my 40's when I was working for them. We were offered to get in on the IPO (@ $26 a share). So I did that & continued to put money into it each month through a Payroll Deduction Plan. Once the stock hit $95 a share I stopped contributing as the amount I was putting in each month only got me 2 shares. I accumulated more through company Stock Options which were offered yearly & through stck grants also offered yearly.

The stock also offered dividends which I had reinvested.

All of my other investments are into funds that are diversified between stocks, bonds & money markets. If I had the extra cash - that is where I'd put my money now. Don't sell & increase contributions. What I did followng the 2008 crash.

Got me a lot of depressed stocks that within a year or two were back where they were before the crash.
 
OVERBORED said:
I agree. Slow and steady for me.

A few years ago I opened a Roth IRA to offset the taxes later on.

I also picked up Dad's love for Muni bonds.

Taxes in retirement can be burdensome.
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Hence why I changed my contributions to my deferred comp to Roth as opposed to traditional. I did invest for a couple of years traditional, so I will pay some taxes at retirement. My fiance and I also opened up separate IUL;s also a Roth contribution. If you look back some pages I posted two books I read that were very informative and a simple read. I still have some time before retirement anyways. Only 8 years in on a minimum 20 and out if I decide when the time comes. I want to be diversified as I can't relay on SS if it will be there when the time comes.
 
Passive indexing for me alla John Bogle. I play with crypto now and then but nothing crazy. I also dabble in some private REITs via Fundrise (Returned 30% last year). Easier than owning physical real estate.

Diversification is the name of the game.
 
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