Anonymous wrote:Why are you so heavily invested in stocks you should be setting up an index fund with target date that will take money out of stocks and into bonds and money market

Because they are 7-10 years from retirement, but hopefully 20-30 years from being dead. So you still want a good portion in stocks to get 20 years more growth

Anonymous wrote:If you can't handle a minor market correction, you need to up your allocation to bonds. Or lose sleep.

I don't think this is going to be a minor market correction. Hope you are right. Doubt you are.

Anonymous wrote:

Anonymous wrote:minor? a MIIIIIIIIIINOOOOOOOOOOOOOR?

Investing is a mental game and it's a lot tougher nowadays because you can't even look at any type of screen without being bombarded with hyperbolic headlines about the stock market.

I agree. DCUM is the same sort of fear mongering. All these “so smart” so rich people freaking out- it really hows how many here lie through their teeth. I’m wealthy and this means nothing to me- DCUM professes to be so wealthy but the panic here is off the charts. Seems like some here lie.

Yeah I don’t look. I’m not taking it out for a decade so it literally isn’t even real.

Anonymous wrote:Sell if you want to but stop whining about it.

How do you sell your 401K?

If you expect that the market will further decline, it makes sense to sell now and buy it back when it gets even lower.

Anonymous wrote:If you can't handle a minor market correction, you need to up your allocation to bonds. Or lose sleep.

It's actually being compared to covid and the Great Recession. This is not minor. Depending on our stupid government's tolerance for self-inflicted pain, it could get worse. The good news is that OP has 7-10 years. So plenty of time for a new administration to fix the problem. That is, if Trump doesn't railroad the Constitution to get a 3rd term.

Anonymous wrote:There’s no need to look.

+1
Stay the course. Turbulent waters now, so time to focus but stay on course.

Anonymous wrote:minor? a MIIIIIIIIIINOOOOOOOOOOOOOR?

Investing is a mental game and it's a lot tougher nowadays because you can't even look at any type of screen without being bombarded with hyperbolic headlines about the stock market.

Anonymous wrote:minor? a MIIIIIIIIIINOOOOOOOOOOOOOR?

They not like us….

Anonymous wrote:There’s no need to look.

+1. Don’t do it. Stay the course and be glad you’ve got 7-10 years.

I haven’t looked since early March and don’t intend to until after the summer.

minor? a MIIIIIIIIIINOOOOOOOOOOOOOR?

If you can't handle a minor market correction, you need to up your allocation to bonds. Or lose sleep.

Anonymous wrote:Because Bonds have been an absolute loser for several decades now and I believed in the American economy.

Not really true. Bonds can outperform stocks for long periods of time, like over 10 yrs.

Because Bonds have been an absolute loser for several decades now and I believed in the American economy.