Have you moved money into safer havens / cash positions?

[noleclone2]

Honestly I guess I have no idea.
I suppose yeah I want to have less risk but the investments in my 401k are preselected no?
So I’m guessing I can’t take that money out and move it to a different option? I suppose if I do there is a penalty?

You should really log in and see what you are invested in. If you made 20 percent or more last year most likely you are in stock heavy funds. I have seen some default investment accounts for employees set as an investment fund set to year you would retire at 65. Like xxx fund 2035, 2040, 2045 etc.

Your 401k should have at least one bond fund and one money market fund you could take all your money invested in other funds and move all into at no cost. Most have some frequency limits I think. You can’t be day trading 😂😂😂

 

[NorthEndzoneCrew]

However, if our government makes a concerted effort to crush the economy, it seems naive to ignore it. It’s tough to time the market, but sometimes things are predictable.

Exactly, I have always said that timing the market is a fools errand….but in my life I have never seen such a concerted effort by the government to totally destroy markets.

I spent some time considering whether my previous assumptions still were valid and decided I wanted to take my profits and wait this out.

 

[IIowaFarmBoy]

You beat 25% annual returns over the last two years by a lot?

Yes I have and quite by accident.

 

[IIowaFarmBoy]

No, it was not. The market is responding negatively to tariffs and chaos, neither of which would be a factor if not for the vile idiot in the White House.

No the tech industry was maturing for a break. You can’t inject as much free money without creating issues. Otherwise why work and just create money.

Is Trump a problem, sure he is. Is he the only issue no he is not.

 

[Rifler]

The market has been ripe for a correction,.. this could be the trigger.

 

[IIowaFarmBoy]

No, it was not. The market is responding negatively to tariffs and chaos, neither of which would be a factor if not for the vile idiot in the White House.

GDPNow Nowcast Plunges to -2.8 Percent, What’s Going On?

The short explanation is recession. The long answer is more complicated and related to tariffs.

mishtalk.com

This is a pretty good explanation.

Construction Spending Was Weaker Than Expected in January, Especially Housing

Construction spending dropped 0.2 percent vs flat expectation. Nonresidential declined 0.5 percent.

mishtalk.com

 

[Jimmy McGill]

I know some of you put faith in the markets. I don't. Especially considering Trump is going to make everything less stable tonight.

I've always argued that POTUS' can't do much to help the economy. But they can do a lot to hurt it.

 

[IIowaFarmBoy]

For my safe account with close to $1M, I've moved money into higher dividend paying stocks. UPS 5.51%, Ford 6.82%, SFL 11.96%, WU 8.68%, DOW 7.35%, MO 7.31%, WHR 6.88%, and several others paying above 5%. This account is one where I take about 70% of the dividend income out as spending money/pay taxes on dividends. I reinvest the other 30% back into more dividend paying stocks.

I'm still letting my ROTH IRA and other accounts ride in the market with lots of tech stocks.

Given the Great Recession, doesn’t Ford concern you?

 

[artradley]

GDPNow Nowcast Plunges to -2.8 Percent, What’s Going On?

The short explanation is recession. The long answer is more complicated and related to tariffs.

mishtalk.com

This is a pretty good explanation.

Construction Spending Was Weaker Than Expected in January, Especially Housing

Construction spending dropped 0.2 percent vs flat expectation. Nonresidential declined 0.5 percent.

mishtalk.com

This thread is about the stock market. The stock market is reacting to tariffs and chaos.

 

[IIowaFarmBoy]

The writing is on the wall. Things are going to bad very soon. Either protect your investments or work years longer to be able to live after retirement.

Inflationary bad or depression oriented. Stocks could react 2 different ways.

 

[chonk]

This is the key part most are missing. What’s happening to our economy from incompetence at best, treason at worst, is unlike anything that has happened before and thus the clear signs the already fairly overheated and ripe for perhaps a mild correction stock market may now be up for having a major correction. And all of it is being artificially created by tariffs and recklessness to federal government agencies

Are you familiar with the Clinton tariffs...but blame Trump for everything, when was the last time you had your own thought and didn't just repeat the democrat slogan of the day.

 

[stanzithemanzi12]

Given the Great Recession, doesn’t Ford concern you?

We're heading for a great recession?

 

[IIowaFarmBoy]

This thread is about the stock market. The stock market is reacting to tariffs and chaos.

The stock market in the short term is about technicals. In the end fundamentals. We are overvalued and way past due for a non created recession. Technicals are about emotions known as human elements.

Trump is speeding up the inevitable.

 

[Here_4_a_Day]

With all of the high rollers of HROT going into cash, how in the world is the DOW 30 still above 43,000??! One would think she'd be below 30,000 by now?!!!!! 🤡 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

 

[IIowaFarmBoy]

We're heading for a great recession?

Look at Red reports. All of it. We were heading that way. You can’t create that much false money without a reaction. How deep and when no one knows. Trump is speeding up the process

We are also facing demographic issues. Older people don’t spend.

Younger people haven’t gained in property values.

 

[IIowaFarmBoy]

With all of the high rollers of HROT going into cash, how in the world is the DOW 30 still above 43,000??! One would think she'd be below 30,000 by now?!!!!! 🤡 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Because most of us aren’t in the 5 percent with the wealth

They are more likely to have bought puts

 

[Here_4_a_Day]

Because most of us aren’t in the 5 percent with the wealth

They are more likely to have bought puts

Well you're not going to get there crying here all day about the Orange Man! 🤣 5%ers don't generally buy/sell options genius. They buy quality and don't shit their pants every time the market dips 10%, they add to that quality and sell it on the next run up while holding their base position--see Microsoft the last 30 years. 🤣

 

[IIowaFarmBoy]

Well you're not going to get there crying here all day about the Orange Man! 🤣 5%ers don't generally buy/sell options genius. They buy quality and don't shit their pants every time the market dips 10%, they add to that quality and sell it on the next run up while holding their base position--see Microsoft the last 30 years. 🤣

Ya they do. That’s what happen in the Great Recession

You should also look at Iowa born Roth Capital.

 

[Underscore2]

So have the current tarrifs already been priced in?

 

[stanzithemanzi12]

Look at Red reports. All of it. We were heading that way. You can’t create that much false money without a reaction. How deep and when no one knows. Trump is speeding up the process

We are also facing demographic issues. Older people don’t spend.

Younger people haven’t gained in property values.

I have 23 years before I plan to retire. I'm fine. I'll keep buying.

Younger people haven't gained in property values? My most recent personal residence purchase was in late 2019, and I've gained about 35%.

Recessions come and go. Consistent buying is the key. The market can't go up every year and property values can't go up every year. There will be pockets of decline. It's healthy. It's normal. And mature investors realize and capitalize on these moments.

 

[hexumhawk]

I have 23 years before I plan to retire. I'm fine. I'll keep buying.

Younger people haven't gained in property values? My most recent personal residence purchase was in late 2019, and I've gained about 35%.

Recessions come and go. Consistent buying is the key. The market can't go up every year and property values can't go up every year. There will be pockets of decline. It's healthy. It's normal. And mature investors realize and capitalize on these moments.

This

Everyone that has been paying attention knows that there was going to be a large correction coming down the line at some point, especially if we don't artificially inflate economy like past administrations. It will be for the betterment of our country long term however.

 

[IIowaFarmBoy]

I have 23 years before I plan to retire. I'm fine. I'll keep buying.

Younger people haven't gained in property values? My most recent personal residence purchase was in late 2019, and I've gained about 35%.

Recessions come and go. Consistent buying is the key. The market can't go up every year and property values can't go up every year. There will be pockets of decline. It's healthy. It's normal. And mature investors realize and capitalize on these moments.

I agree and you bought a house. At your age, carry on. I did

 

[ISUBryce]

Didn’t say he was a genius. I said talk to your financial advisor(s) about your investment concerns before making any changes. Besides, a lot of you wouldn’t like what he said regarding where we are financially and why.

How often do you guys talk to your financial advisors? We met with ours this year for the first time in probably a decade. Just don’t know what I’d have to discuss with them frequently.

 

[ISUBryce]

I have 23 years before I plan to retire. I'm fine. I'll keep buying.

Younger people haven't gained in property values? My most recent personal residence purchase was in late 2019, and I've gained about 35%.

Recessions come and go. Consistent buying is the key. The market can't go up every year and property values can't go up every year. There will be pockets of decline. It's healthy. It's normal. And mature investors realize and capitalize on these moments.

Average age of first time home buyers in the US is now 38.

Young people have missed the bump and are priced out in many parts of the country.

 

[stanzithemanzi12]

Average age of first time home buyers in the US is now 38.

Young people have missed the bump and are priced out in many parts of the country.

Well, I'm not much older than 38. Younger people are also lazy, spend ridiculous amounts of money to have their food delivered to them, don't save like they should, and think money grows on trees.

 

[OutbackBowl2017]

How often do you guys talk to your financial advisors? We met with ours this year for the first time in probably a decade. Just don’t know what I’d have to discuss with them frequently.

Talk quarterly via phone and meet once, if not twice a year to adjust all numbers to see what our retirement timeline can be and long term outlook with our money. Don’t input social security as part of the equation. Don’t think it will be there for us or it will be greatly reduced when it transitions to a needs based system which is bs.

 

[artradley]

So heres a question I want to ask. I don’t know much money stuff but. Can you pull whatever money you have in 401k and move it somewhere else? How does it work? Where would a guy move it ?
Thanks

Based on your other question, I agree with another poster who recommends you review your 401k materials. Usually you have some choice over how it is invested. For instance, they may have 20 different mutual funds available. By default they probably put your money into a very safe fund, possibly a money market fund. But you can change the breakdown and perhaps split your investments evenly between four funds of your choice.

If you log-into your account you may have to poke around to find it. Also, there will be two different things you can do:

• Change where you have invested the money that is already in your account.
• Change where new contributions are invested.

Good luck.

 

[noleclone2]

Are you familiar with the Clinton tariffs...but blame Trump for everything, when was the last time you had your own thought and didn't just repeat the democrat slogan of the day.

A cultist coming at me for not having my own thoughts for no other reason than throwing a fit because everyone can see his messiah is in fact causing the economy to burn is peak MAGA lack of self awareness, a requirement for cult members.

 

[10kHawk]

My question for those who are making moves now or going to talk to their advisor is why didn’t you do that in November after he was elected. Nothing he is doing or its impact is new news.

 

[artradley]

My question for those who are making moves now or going to talk to their advisor is why didn’t you do that in November after he was elected. Nothing he is doing or its impact is new news.

Personally, while I knew things could be chaotic, and he might start a tariff war, it was not a certainty. It seemed better to wait it out (as the market continued an upward arc) and see how it played out. The breathtaking scope of his insanity took me by surprise. And now it appears things could get really ugly. Certainly the potential market loss now appears to be much greater than any potential gain.

 

[Tenacious E]

My question for those who are making moves now or going to talk to their advisor is why didn’t you do that in November after he was elected. Nothing he is doing or its impact is new news.

I was informed by posters here that this was all part of the dance in the art of the deal, and that he wouldn’t actually take such deleterious actions. But really, I decided to get off the ride when China announced its AI platform. Turns out that wasn't a big deal to the markets, but I had a 30-day wait period to get back into the markets, then all of this started happening. So on the sidelines I stay, for now.

 

[ISUBryce]

Well, I'm not much older than 38. Younger people are also lazy, spend ridiculous amounts of money to have their food delivered to them, don't save like they should, and think money grows on trees.

So like younger people have always been.

 

[ericram]

Inflationary bad or depression oriented. Stocks could react 2 different ways.

Isn't that always the case? Stocks could go up or could go down....

 

[NoleATL]

So, we just had a quick call between our normal call with our advisor. We are a few months under 2 years to retirement and at about 65% stock, 35% bonds... To our surprise, he is fully onboard with going to 30 or 40% stock... I'm of the mindset for 30% and then put some back in after a bit if the crazy man ever settles down.

 

[chonk]

A cultist coming at me for not having my own thoughts for no other reason than throwing a fit because everyone can see his messiah is in fact causing the economy to burn is peak MAGA lack of self awareness, a requirement for cult members.

More democrat slogans - good job fitting cultist, messiah and cult into a single response. How about dems cut out the constant degrading and name calling and have some civil conversations once in a while. You are a dem, I am a R...the markets go up and down all the time regardless of which party is in office.

 

[Tenacious E]

the markets go up and down all the time regardless of which party is in office.

That is a pretty fatalistic attitude. Frankly, I don't really consider Trump to be a republican. At least, not like ones I grew up seeing like Reagan and Bush, and then later with Romney and McCain. Reagan and McCain are rolling over in their graves right now.

 

[noleclone2]

That is a pretty fatalistic attitude. Frankly, I don't really consider Trump to be a republican. At least, not like ones I grew up seeing like Reagan and Bush, and then later with Romney and McCain. Reagan and McCain are rolling over in their graves right now.

100 percent truth. It is sad that the party moved and became him instead of rejecting him. There were so many chances.

 

[the24fan]

Based on your other question, I agree with another poster who recommends you review your 401k materials. Usually you have some choice over how it is invested. For instance, they may have 20 different mutual funds available. By default they probably put your money into a very safe fund, possibly a money market fund. But you can change the breakdown and perhaps split your investments evenly between four funds of your choice.

If you log-into your account you may have to poke around to find it. Also, there will be two different things you can do:

• Change where you have invested the money that is already in your account.
• Change where new contributions are invested.

Good luck.

Thanks for the information

 

[artradley]

More democrat slogans - good job fitting cultist, messiah and cult into a single response. How about dems cut out the constant degrading and name calling and have some civil conversations once in a while. You are a dem, I am a R...the markets go up and down all the time regardless of which party is in office.

That opinion is detached from reality. Nobody had ever taken name-calling to the level Trump has; and it's not even close. It's damn near an art form for him.

And if a President does something to which there is a direct link to markets going down, the argument of "they go up and down all the time" is not a defense.

 

[bunsen82]

How about this I am in a singular stock and probably one of the most volatile stocks out there. I have had deep in the money calls for most of the year. Tried to catch a beginning of a bull run a couple weeks ago, lost 5% and got out before the major dump. I purchased back in on Thursday at $254. I have actually gained a couple hundred shares currently. My current setup is I sold 275 calls for $20, and bought 260 puts for $10. I make money no matter what. If it goes above $275, I effectively sold for $285 - basis after some transactions of under $250 for 2 weeks, that is a pretty good deal. At this point no risk involved. Worst case $270 and then can use the extra funds to purchase more shares and decide whether to reset another trade or go long.