Anonymous wrote:Anonymous wrote:Market will recover. What worried me more than the drop is how skittish market is at the moment. Feel like a correction is just around the corner.
Yes. It's clear we are in a massive AI bubble and things are starting to feel pretty rickety. I'm sitting out from buying until SpaceX, Anthropic, and OpenAI have their IPOs. Expecting a lot of volatility. Their valuations are ridiculous. More than 2 trillion just for these three companies. We'll see what happens after the AI company founders and investment firms have cashed in.
Anonymous wrote:Market is reacting to the news that big AI companies and Space X won’t automatically be given preferential entry into SandP 500 and all the automatic index buyers there. Also a strong labor market report might mean the Fed could raise interest rates.
Not a big deal. Companies are still making money hand over fist.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:250k. One set of parents 325k and other set of parents 200k.
You both stalk your parents' finances? You're even weirder than OP.
That's where you go to first? They're probably managing their parents investments fool.
who manages the investments of both sets of parents? bullshit.
Anonymous wrote:Anonymous wrote:I'll start: $137,644.
$69420
Anonymous wrote:Anonymous wrote:Anonymous wrote:250k. One set of parents 325k and other set of parents 200k.
You both stalk your parents' finances? You're even weirder than OP.
That's where you go to first? They're probably managing their parents investments fool.
Anonymous wrote:Anonymous wrote:250k. One set of parents 325k and other set of parents 200k.
You both stalk your parents' finances? You're even weirder than OP.
Anonymous wrote:I'll start: $137,644.
Anonymous wrote:Anonymous wrote:Can you explain this "have sequence of return risk covered for over half a decade so take advantage of irrational dips now and then." ?
What does this mean, like what steps or actions did you take. Im wanting to learn, so honestly asking for input.
I have sufficient cash holdings to cover 61/2 years of expenses in retirement. So if the market were to drop when I retire in 2 years I won’t have to sell any stocks to cover expenses giving me the luxury of giving the market over half a decade to recover before needing to sell any stocks to cover future expenses in retirement.
Effectively insulated from significant market downturn at or near retirement. Yes, I give up potential gains by having a higher portion of my portfolio in cash equivalents but in the end I will still have more money at the end of retirement that I will have at the beginning of retirement. Just how compounding works, I started saving early at a certain point compounding just takes over and carries the day.
Anonymous wrote:Market will recover. What worried me more than the drop is how skittish market is at the moment. Feel like a correction is just around the corner.
Anonymous wrote:None because I didn't sell