I have never had bonds in my portfolio and I never will. They don’t make you money. I’ve had a couple of ‘balanced’ funds decades ago (mix of stocks and bonds) and I didn’t have them long.
People mention 5-6% like it’s a good thing. This is terrible, especially if you are paying an advisor up to 1%.
I just looked at 1 of my index funds and for the last year, it’s up over 35%, low risk, good return, .02% expense, and a 3% dividend. This return is peanuts compared to dozens of stocks that have made 3x-8x more gains. These stocks aren’t any secrets: nvidia, apple, meta, tesla, and palantir that have made nice returns.
If you are nervous about losing money, put a trailing stop loss on all your etf’s and stocks with a low % or low $ amount and you will be able to sleep better at night.
No advisor that any of my friends have used in the past will get you into these type of index funds or in these stocks.
Last edited by rsmurano; 12-03-2024 at 09:21 AM.
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