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Seeing lots of commenters say they dumped their entire position in SP500. That is probably not the best move I also felt overexposed to tech and about 80% of m
by matltc 1y ago
Seeing lots of commenters say they dumped their entire position in SP500. That is probably not the best move
I also felt overexposed to tech and about 80% of my stock portfolio was US total market or SP (basically the same)
I have been dollar-cost averaging slightly out of those positions and into other small-/mid-cap funds. I have decreased my stock allocation as well and moving toward bonds and CDs, which are returning around 4.5-5% guaranteed.
Interested to hear what others who speculate that SP overdue for correction might be doing
- aranw 1y ago> Seeing lots of commenters say they dumped their entire position in SP500. That is probably not the best move Fair point about dumping entire positions not being ideal. I got lucky with the timing since the market dropped shortly after I sold. Definitely got lucky on timing that Long term, I'll likely reinvest in the S&P 500, but as a much smaller slice of my portfolio alongside other indices, bonds, individual stocks, etc. The plan is to avoid that level of concentration going forward regardless of how well it might perform
- trashface 1y agoI've had small, mid and S&P funds for a while. Small-cap hasn't done great this year. One idea I've heard in the past is that its more directly affected by consumer weakness as it has a lot of consumer staples companies (and also probably more exposed to risk from tariffs). I've been slowly DCAing out into bonds, but I'm still over 80% stock total.