My 401 k has taken a hit, but I dont retire for another 18 years so....

Its just a paper loss for now

The whole world is struggling, so don't point fingers

This thread topic or some variant of it pops up whenever there is market volatility. Unless you are trying to day trade or time the market, if you are watching your investments on a day to day basis and reacting to day to day changes you are doing it wrong. Keep one to two years of living expenses in cash and let the market do what it is going to do making small adjustments along the way. Watching your investments on a daily basis and reacting to it just creates emotion which can be expensive.

You had perfect timing

And what are we doing with your 1.7 plus billion ? I am a new member on the Investment Advisory Committee. The funds are well diversified over many sectors and have stayed in a short position for the most part. Have a sneak peek -> Coversheet

A couple of years ago, the pandemic was essentially just starting, and the world was not on the brink of war. It is nothing short of hubris to think that The USA is central to what has occurred the world over. You wold be better served to learn from these events that we are ALL interconnected, and what impacts another nation has far reaching impacts.

Free money is always a disaster when it stops. Period. Ignored

My financial advisor figured this one out. We talked at the end of last year, he suggested some moves we should be making, because he stated that by mid to late summer, we’d most likely be looking at record inflation and high interest rates. (I have no idea how he could’ve predicted that, but here we are). Ok, maybe I do know how he figured it out, but I digress.

You are absolutely correct .. shutting off the PPP loans and pandemic assistance has had an effect. People got used to the free money doled out in 2020 and 2021. The resulting inflation has been a difficult pill to swallow but this is what happens when the economy is flooded with free money.

99% correct but if it's a variable annuity you have to get a prospectus before you sign anything. Trying to understand it, is another thing

I have been in oil pipeline MLP’s and refiners since the market lows of COVID. 10% + distribution/dividends. No Bonds some cash. Energy conversion is a mistimed ideology for the nest 5 years at least.

maybe
 

maybe to late gsp

Are you thinking that is good ? The S&P is up 70% since the lows of COVID.

Dow Futures were up today until the April CPI was released. Maybe next month............