Quote:
Originally Posted by Krash
I love reading this thread but don’t comment that much. The reason for me not commenting is that I don’t choose stocks for myself anymore. I’m on autopilot. I’ve been on autopilot for about 15 years.
My financial advisor handles all my investments. I’m 60, retired and 75% in stocks. I’m not conservative at all when it comes to my portfolio. Looking back, I think it was a mistake being as financially conservative as I was. I’m not worried about any bubble either. The situation we’re in today is not the same as it was back in 1999. Back then, the valuations in tech stocks were utterly ridiculous. It’s just not the same thing right now.
Will the market go eventually down? Of course it will.
Will the market go back up? Yes, absolutely.
He has me invested in about 100 different stocks, ETFs, and MFs. Here are the top 30 in terms of value in my portfolio:
MSFT
VGT
BAC
AAPL
AGG
LQD
XLY
XLV
AMZN
MBB
NVDA
META
VIS
GOOGL
DVY
JPM
AVGO
LLY
FDN
XLF
VB
SKYY
VDC
IEFA
MCD
IEMG
NFLX
PGX
HD
COST
Some of these stocks have lost money, but overall, he’s made a lot of great decisions for me.
Sent from my iPhone using Tapatalk
|
this is my exact concern today. but I am simply not willing to take too many risks with what I have, unless I see a big drop. so I am confident I won't regret it. it is a very conscious decision.
that said, I have 10 years until I get to 60. And I plan on being aggressive with all new loot going forward.
currently at 14% for the last 12 months. hard to complain.
I also do think that we are overvalued. a lot. I am up over 2000% on my NVDA stock.
maybe not as ridiculous as in the past, but I cannot see how the markets just keep going up, while the greater economy is struggling. I see it everywhere. but I realize I know very little. so as with all things...balance.
I also agree, when it drops, it will come back.