Investing General Discussion

It’s happening.

Space is the future. This is why I’m bullish on RKLB. The two primary rocket builders in 4 years will be spacex and RKLB.

Blazin said:

Looking at a lot of data and charts this weekend and we are set for a bounce next week. Logical level including the one you are showing for it to make a stand. Sure we might just fall apart but I think the bounce is more likely. What I'm concerned about is that rally falling apart. Reading sentiment, people are so beared up its pretty extreme. We all know it only takes two days of green and everyone is back to roses and lollipops .

We are too many days for away from the Fed for it to just drop into the meeting. It will more likely find a spot to sit going into the meeting that makes positioning difficult for everyone. The fed speakers all affirmed a rate cut but we are going into the meeting with more unknown than we have had in a long time. I still think its 0.25 and then a wild presser as people try to gleam the glide of the path.

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As a long term index fund hodler I’m trying to interpret this. Seems like there’s no harm holding onto cash the next few weeks instead of investing it now.

Blazin said:

Long term holders can ignore cyclical cycles completely. It should be of no concern what so ever . If you hold for a decade it matters not a lick if we drop 20% here and don’t set a new high till 2026 what difference would it make?other than you get a chance to buy stuff cheaper or reinvest dividends at a lower number

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This is truly one of the hardest things to get investors under 40 to understand. If your time horizon is decades, what's happening this week is basically inconsequential.

Blazin said:

Long term holders can ignore cyclical cycles completely. It should be of no concern what so ever . If you hold for a decade it matters not a lick if we drop 20% here and don’t set a new high till 2026 what difference would it make?other than you get a chance to buy stuff cheaper or reinvest dividends at a lower number

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Sanrith Descartes said:

This is truly one of the hardest things to get investors under 40 to understand. If your time horizon is decades, what's happening this week is basically inconsequential.

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Thanks both of you and yeah it’s very true. One thing I’m struggling with as a mid thirties single is that on one hand it’s very easy for me to invest pretty bullish due to age and life stage but also I’m having trouble understanding how to simultaneously be prepared if say, I were to start a family within the next 5 years (which would include either building a house on my land or buying one)

My advisor managed portfolio is still 20% bonds so it’s got some “conservative” to it. My own personal portfolio that I started with yalls help last year is about 70% FXAIX and 30% QQQM. My 401k is being maxed not only at 24k but via mega backdoor roth I maxed it at 69k this year.

I’m thinking maybe my advisor managed portfolio which makes up probably 70-75% of my invested net worth is where I could tap any money I need for 5 year life scenario changes. My personal portfolio I think is now maybe 10% of my total net worth so I’m ok still being bullish and just dumping into FXAIX and QQQM.

Like I’ve mentioned before I’m not contributing anymore money to my advisor managed portfolio.

If either of you have some wisdom to impart I’d appreciate it. I think I’m fine for short term life changes utilizing advisor managed portfolio with 20% of it in bonds but I’m also really new to broader financial planning.

Blazin said:

No perfect answer to this, if it was me I think I would just keep long term planning until I very clearly saw the path for the short term need (like building a house) then the moment you are on that path just start directing all available cash flow to that for 1-3 years rather than sit on cash for too long for an unknown date in the future. Depending on timing this could mean borrowing money to bridge a gap.

You're better off making the long term investing now and reserving the needed cash later rather than the other way around.

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This totally makes sense. Thanks!

PLTR joining the S&P 500

fris said:

Never still pltr. In 20, I'm gonna show my cost basis here.

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I'm still holding my day 1 shares.