4 ms·
Yes I appreciate the snark and understand what I'm saying is going to be like water off a duck's back to the average boglehead. It's being priced in over time.
by 01100011 5y ago
Yes I appreciate the snark and understand what I'm saying is going to be like water off a duck's back to the average boglehead.
It's being priced in over time. The market doesn't immediately price in future events. We've only rolled back the last 2-4 months of gains so far.
I've already reacted accordingly. There's a lucky Boglehead or stonks investor who was happy to catch the falling knife when I sold. I feel sorry for them but what can you do? People want to believe simple market themes and not look at the driving forces. I'll go back to buy and hold in 6-12 months depending on the fed.
- sydthrowaway 5y agoWhat percentage of your portfolio did you sell?
- 01100011 5y agoAbout half, although that was mostly RSUs from my high growth tech job which was sure to get hammered by the rate hikes(and boy has it been hammered). I'd sell more but a lot of it was already in dividend paying stocks like Kraft Heinz which are doing ok and should weather the storm a bit better.