[Dr.Butler]

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

[Stu from NYC]

Originally Posted by Dr.Butler

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

Its just a paper loss for now

[hrenner]

Originally Posted by RPDaly

The elites and their hedge fund managers are still making millions regardless of which way the indices go. Chump retail investors are just told to stay in it for the "long term" Nothing is making money even cash when factoring in inflation and Real Estate will be the next index to correct. I won't inject politics of course by we all know why.

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

[RVJim]

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.

[RPDaly]

Originally Posted by rsmurano

Cash is kill. I pulled out every single cent out of my ira/401k accts in January 2022, a 77% portfolio pullout. I did put a few hundred thousand in an energy fund that has made almost 6 digit gains since February.
Dow is down 12%, Nasdaq 27% ytd. I will probably day trade a couple of tech stocks during this month but overall, until fundamentals change, we haven’t seen the bottom yet IMO

You had perfect timing

[twoplanekid]

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

[Dr.Butler]

Originally Posted by rsmurano

It is ignorant to think the problem we are experiencing is not the cause of WH doings. It’s so easy to blame everybody else when failed policies exist when just a couple of years ago everything was going great.

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.

[Babubhat]

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

[Taurus510]

Originally Posted by Stu from NYC

When you consider inflation and paying taxes on the pitiful small interest rates available nothing is giving a positive return.

Markets go up and down and nobody can consistently figure out the highs and lows.

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.

[RVJim]

Originally Posted by Babubhat

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

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.

[jedalton]

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

[Hdljet]

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.

[MidWestIA]

maybe to late gsp

[rustyp]

Originally Posted by Hdljet

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.

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

[Caymus]

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