I sold all my stocks and bonds today.

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I do own a 4 unit apartment complex in Grandview, OH. Older, brick, very nice shape. I have a property management company manage it and have little to do with it. Income wise it hasn't generated anything yet as it had a new roof and parking lot last year. I want to keep the property until I retire, selling each unit as a condo.
I would say that is part of your portfolio.

It is leverage, unless you have a mortgage, and there are some risks.

I thought maybe you were talking about how many Kruegerrands, pallets of ammo, and MRE’s you had buried in the backyard…
 
I have been through two major crashes. The "dot-com" crash of 2000, and the Bush market crash of 2008. At age 77, I don't have time to stay in the market, and recover from crashes of that magnitude. That is why I jumped out. Friday the market went up after many straight days of decline, but overall, last week, the DJ, SP500, and NASDAQ were all down.
 
Depends on how long you're going to live. Which is the bigger risk, a market crash or seeing your cash wiped out by inflation. US is 36T in debt and they just keep printing. Other countries are same or worse.
 
I do own a 4 unit apartment complex in Grandview, OH. Older, brick, very nice shape. I have a property management company manage it and have little to do with it. Income wise it hasn't generated anything yet as it had a new roof and parking lot last year. I want to keep the property until I retire, selling each unit as a condo.

Some folks like rental properties and do VERY well, they don’t feel comfortable having most of their money in the stock market.
 
I am retired, was self employed most of my career, and depend on my IRA for a good chunk of my retirement income. My IRA is self managed.

I have been investing for over 50 years, and have been through multiple market booms and busts. Nothing as frustrating as seeing all your gains go down the drain in a market bust. I believe in buying low and selling high. Most amateur retail investors do the opposite. They want to jump on the bandwagon of stocks flying upward, then they panic and sell low after the market crashes. And then they are so scared that they don't reinvest when prices are low.

The question i always ask myself in making investment decisions is, 'What is more likely, the market going up 10% from where it now is, or going down 10% from where it now is?

I was lucky to make some nice gains in 2024, but right now the market to me looks like Wiley Coyote discovering he is off the end of the cliff. I don't want to give all my gains back as the market slides. As it appears to be doing.

So I sold all my stocks and bonds today. Looking to be a vulture when the market drops early next year. As I think it will.
The Market is set to crash in early 2029. That means the bank where you deposited all that Stocks & Bonds money will crash also.

So in late 2028, will you withdrawl all your money from your bank(s) - dig a big hole in your backyard and deposit all the cash there?

Wait!!..... never mind! That's when Cash will become worthless also...... along with Gold and Silver, which people will toss right onto the streets on Garbage Day.
 
The Market is set to crash in early 2029. That means the bank where you deposited all that Stocks & Bonds money will crash also.

So in late 2028, will you withdrawl all your money from your bank(s) - dig a big hole in your backyard and deposit all the cash there?

Wait!!..... never mind! That's when Cash will become worthless also...... along with Gold and Silver, which people will toss right onto the streets on Garbage Day.
Buy chickens!
 
There is a rule of thumb where the equity portion of your portfolio should be 100 less your age (eg 100 - 77 years = 23% in equities, 77% in fixed income), unless you have a defined benefit from your employer. The idea is that your investment window may not be long enough to recover from a crash, so your risk tolerance decreases with age.
 
There is a rule of thumb where the equity portion of your portfolio should be 100 less your age (eg 100 - 77 years = 23% in equities, 77% in fixed income), unless you have a defined benefit from your employer. The idea is that your investment window may not be long enough to recover from a crash, so your risk tolerance decreases with age.
That is such an out dated rule.
 
When I signed them divorce papers in 2010 I started putting %10 in my 401K and working all the overtime I could handle.People I worked with always complained the more money they made in the market the more commission they took out when they got their statement.I left mine in the fixed rate and put quantity over quality.I am still satisfied with my choice.Basically I had to start my life over from scratch in 2010 but I was so happy to get that whore out of my life! Been retired two years and loving it!
 
I can't say this was smart or not, but for me it would have been idiotic to dump everything a month ago. But everyone must do what they must do.
Yea no one on this board or on this planet knows what the market will do over the next month.
Since I am moving to retirement living in 2 months. I did sell some of my portfolio. A lot of my money brings 4% and thats fine for me. I have more than enough to live it this retirement community. Even if something goes horribly wrong I am still not going to be kicked to the curb and the facility has sufficient long term care.

I have always lived below my means so its no big deal.
 
I always thought with being a Baron came with certain privileges .
"My family has hated the Atreides for centuries. They have been the sand in our eyes, the stink at our meals, these arrogant Atreides, always standing in our way. I want Leto to appreciate the beauty of what I've done to him. I want him to know that I, Baron Vladimir Harkonnen, am the instrument of his family's demise. The extinction of House Atreides and the glorious ascension of House Harkonnen."

In all seriousness, I considered a legal name change and purchasing the title of Baron from "The Principality of Sealand", an unrecognized micronation off the coast of the United Kingdom. But I felt it might be a bit over-the-top.

You know why the UK blew up all those other abandoned WWII platforms, of course. They said they didn't want "Cuba off the coast" but I know why they did it. They obviously didn't want a....New Sealand. :)
 
When I signed them divorce papers in 2010 I started putting %10 in my 401K and working all the overtime I could handle.People I worked with always complained the more money they made in the market the more commission they took out when they got their statement.I left mine in the fixed rate and put quantity over quality.I am still satisfied with my choice.Basically I had to start my life over from scratch in 2010 but I was so happy to get that whore out of my life! Been retired two years and loving it!
When they say marriage is grand, they leave out the part where divorce is fifty grand...

My mother is angry/openly bitter that I'm married and not with someone who is sabotaging us financially and cheating, like the three she had. She had to learn the hard way that when you marry someone you'd better make it a good one or it's gonna cost you to get out of it. I do wish she could just be happy for me, but I've grown to not expect my parents to wish me the best.

She had a lot of what happened to her coming, purely from knowing them about five minutes and ignoring all the big warning signs they were giving off like the one that had been divorced 5 times already and the other one, which blamed other people for literally everything that happened to him (a sign that they don't accept personal responsibility for anything...it can't always be 100% other people's fault).

The third one was the worst, he'd rant about how it was always the other person's fault, including the dentist that was suing because he didn't pay any of the bill.
 
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The stock market is not going up anymore because they realize, even for a conservative bunch, that randomly threatening all our allies that we'll completely destroy our own economy and live in poverty just to spite them isn't good for corporate profit margins.
Yeah but how are they going to fix this mess? Same way they always do, by printing more money. It'll go through a few sets of working class hands then wind up where it always does... in stocks and real estate.
 
Yeah but how are they going to fix this mess? Same way they always do, by printing more money. It'll go through a few sets of working class hands then wind up where it always does... in stocks and real estate.
Inflation is bad. People will find that out if the economy stops and the system responds by pumping a bunch of new money into it. They'll think what happened last time was the warm up band.
 
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