Fiverr Is My Newest Pick

[jeffmem]

usually when bond rates go up they are more attractive for investors who are looking for a safe investment. it's been years since we had 3% CD or MM or anything which would normally be a pillar of returns for retirees. People (myself included) are just investing in stocks because bonds literally have no returns right now. I have ibonds but I wonder if I shouldn't cash it in and invest in the stock market. I sank part of our EF in there, but maybe it's not worth being conservative.

Yes, but why would low bond rates equate to investors selling stocks also? This is part of the cause of the first correction two weeks ago. And now they are talking about the entire bond market is about ready to go down the tubes... Why would this negatively impact the market?

I have bonds also, savings bonds, not selling, remember EE bonds earn 3%, if you hold for 20 years, it equates to 3% as the government gives you a nice fat gift if your bond doesn't double. I bonds are varied, no such government gift. I also have Treasury bonds, but I need to check what they are earning, when I bought it, it was over 3%, so I think that is for the life of the bond.

[LivingAlmostLarge]

I'm hearing some noise that the bond market is going down again next week and the market may follow so seems we may get another big drop, news is mentioning bonds are kinda dropping out. But honestly I don't understand the connection between the bond market and the stock market, as they are two very different kinds of investments, so why does one going down effect the other?

usually when bond rates go up they are more attractive for investors who are looking for a safe investment. it's been years since we had 3% CD or MM or anything which would normally be a pillar of returns for retirees. People (myself included) are just investing in stocks because bonds literally have no returns right now. I have ibonds but I wonder if I shouldn't cash it in and invest in the stock market. I sank part of our EF in there, but maybe it's not worth being conservative.

[Like2Plan]

Congrats on retirement Corn!

[srblanco7]

I liked it, but wasn't ready to make a move because I was in the middle of separating from my company. That becomes official today.

Congratulations Corn!

[jeffmem]

I'm hearing some noise that the bond market is going down again next week and the market may follow so seems we may get another big drop, news is mentioning bonds are kinda dropping out. But honestly I don't understand the connection between the bond market and the stock market, as they are two very different kinds of investments, so why does one going down effect the other?

[LivingAlmostLarge]

I liked it, but wasn't ready to make a move because I was in the middle of separating from my company. That becomes official today.

Um Congratulations! Hello retirement! I just want to highlight what you wrote like Kork! Woot! What a turn around 8 years make....since you started in 2013 in debt and retired now 2021. Who'd have thunk?

Anyway sure if you don't care about the roth why not?

[jeffmem]

I met with a financial advisor a couple of years ago. We decided not to go with him because I did not see the benefit of paying a 1% AUM fee for something I could do myself. He has since left his megacorp firm and went off on his own. We met again last year and he pitched his new approach. I liked it, but wasn't ready to make a move because I was in the middle of separating from my company. That becomes official today. I have followed his portfolio, and I am intrigued with his approach. Had I invested my 60% stock allocation with him back in early 2019 when we met, I would have over twice as much for retirement now. I'm not a FOMO kind of guy, but I am thinking about moving some money over to him. I have $300k in my Roth accounts that is 100% total stock index funds. I should not ever need the money. I am considering turning that over to him and let it ride for the kids.

This is his stock / growth fund portfolio:

PLUG POWER INC. (XNAS:PLUG)

Fidelity Advisor Growth Opportunities Fund;I

American Funds SMALLCAP World Fund;F2

TESLA, INC. (XNAS:TSLA)

WORKHORSE GROUP INC. (XNAS:WKHS)

ZOOM VIDEO COMMUNICATIONS, INC. (XNAS:ZM)

WCM Focused Emerging Markets;Institutional

iShares:Core Div Growth (ARCXGRO)

ARK Innovation (ARCX:ARKK)

SOLAREDGE TECHNOLOGIES, INC. (XNAS:SEDG)

SQUARE, INC. (XNYS:SQ)

Federated Hermes Kaufmann Small Cap Fund;Inst

NANO DIMENSION LTD (XNAS:NNDM)

ARCIMOTO, INC. (XNAS:FUV)

Virgin Galactic Holdings, Inc. (XNYS:SPCE)

Pacer Bchmrk D&I RE SCTR (ARCX:SRVR)

NIO INC. (XNYS:NIO)

LORDSTOWN MOTORS CORP (XNAS:RIDE)

DANIMER SCIENTIFIC, INC. (XNYSNMR)

Li Auto Inc. (XNAS:LI)

XPENG INC. (XNYS:XPEV)

This is what the performance looks like:

His portfolio is interesting, but I dislike 90% of it. I wonder how many of these will come back from this latest dip. There are a few that look good, I'd have to do more research on many of the others. He has too many Chinese stocks as well.

[jeffmem]

It's a resistance trend line, and because the nasdaq is bearish the trend line is trending down. So everyday it's a different number that's getting lower and lower. It was 319 last week but this week it was around 315 and now it's like 313.

So far qqq is not collapsing even though rates are going higher which is very bullish!

oooooh you are looking at trend lines for the number, no wonder it is changing everyday. hahaha, ok, got it now. I thought 319 was a key indicator. Got it. Thank you

[disneysteve]

I don't think I could handle even that.

But you're okay handing 300K over to someone else to do it for you? How about you send it to me, I'll put it in a growth fund for you, and only charge you 0.75% AUM .

Vanguard's US Growth fund (not an index fund) has 1, 5, and 10-year returns of 63.94, 25.37, and 17.93% respectively. I'll just plop it in there for you.

Seriously though, you need to do what let's you sleep at night. I'm actually thinking about meeting with a CFP in the not too distant future (on an hourly basis) just to have him/her review our holdings and answer a bunch of questions about what happens moving forward, managing withdrawals, minimizing taxes, staying under caps for various benefits, etc. I know I can get all of that info here and at ER and other sites, but the idea of having a single source for all of that info is very appealing. And if I'm not happy with the outcome and level of knowledge, we just won't go back.

[kork13]

,..... I was in the middle of separating from my company. That becomes official today.

HOLD ON!! You can't just run right past that!! Congratulations, corn!!!

[corn18]

You can take more risk and still use index funds. There are 2,000 or so index funds out there. There are index funds that track all sorts of things including growth, value, tech, healthcare, and every other sector. You can take a more aggressive, growth-oriented position while still sticking to index funds (or ETFs).

I don't think I could handle even that.

[disneysteve]

I would like to take more risk with my Roth, but I am completely incapable of doing it myself. I have a genius IQ but I am incapable of managing anything other than index funds.

You can take more risk and still use index funds. There are 2,000 or so index funds out there. There are index funds that track all sorts of things including growth, value, tech, healthcare, and every other sector. You can take a more aggressive, growth-oriented position while still sticking to index funds (or ETFs).

[scfr]

That becomes official today.

Congrats!

[corn18]

Damn that's a lot of EV stocks in that portfolio. I am bearish on every Chinese EV stock until proven otherwise. I think people are too bullish on any EV manufacturing stock right now because of Tesla. That's fundamentally wrong because they would only think other EV stocks having any kind of legs if they misunderstand why Tesla has so much strength.

I would like to take more risk with my Roth, but I am completely incapable of doing it myself. I have a genius IQ but I am incapable of managing anything other than index funds.

[Singuy]

Damn that's a lot of EV stocks in that portfolio. I am bearish on every Chinese EV stock until proven otherwise. I think people are too bullish on any EV manufacturing stock right now because of Tesla. That's fundamentally wrong because they would only think other EV stocks having any kind of legs if they misunderstand why Tesla has so much strength.