Investing General Discussion

Fogel

Fogel

Mr. Poopybutthole
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I just jinxed the market

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Furry

Furry

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Was poking at my account and I managed to get to the page where it shows my money distribution and my suggested distrubition. Currently 99.9% stonks, .1% short term reserves (cash) only because it's too small amount to buy into anything. It suggests I pick up 10% bonds.

Is there anyone here that holds bonds for a reason other than short term paper handsing? The day I retire I might shift a more conservative portfolio... but bonds? PUKE
 
Sanrith Descartes

Sanrith Descartes

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Furry said:
Was poking at my account and I managed to get to the page where it shows my money distribution and my suggested distrubition. Currently 99.9% stonks, .1% short term reserves (cash) only because it's too small amount to buy into anything. It suggests I pick up 10% bonds.

Is there anyone here that holds bonds for a reason other than short term paper handsing? The day I retire I might shift a more conservative portfolio... but bonds? PUKE
Click to expand...
Bonds have been shit for a long time. There was a time when you could have bought some decent corporate paper but those companies all bought that shit back and reissued at much lower rates.
 
Gravel

Gravel

Mr. Poopybutthole
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Essentially people are calling it a 30 year bond bubble. It popped and now they're shit. Until interest rates go up again, there's not a great reason to be in them. Interest rates rising will crush current bonds even further into the toilet.
 
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Tmac

Tmac

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My dad just put $750,000 of my grandmothers money w a financial advisor. I’ll follow up w what her money is in.
 
Borzak

Borzak

Silver Baron of the Realm
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I'll be odd man out. I really don't care what they do, it's their money. They lose it not my problem.
 
Tmac

Tmac

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lol, well now we know the condition of Borzak’s familial ties.

Fire Garbage GIF
 
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Furry

Furry

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I had a relative with 100k invested in a 10 year locked CD with 0.25% interest coming up on its 3 month window before getting locked into another 10 years. I said they should do literally anything else with that, literally anything else. Go buy fucking treasury bonds, give it to a financial manager.

They said nope. I don’t give financial advice to family members any more.
 
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Tmac

Tmac

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Am I the only one w a family where I know who not to give advice to and to whom and when to give advice?

What’s up w “one person didn’t listen to me so I’m not talking to anyone in my family anymore!”?
 
Hateyou

Hateyou

Not Great, Not Terrible
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I don’t really give anyone advice because if it goes down I don’t want them blaming me. If someone asks me I’ll tell them my holdings, how each has done, things I’m looking at, but I don’t advise. I tell people to look at ETF history and decide for themselves.

I do have two guys at work that give me shit for moving my 401k allocations to safe havens the day before the 2020 crash and not telling them about my hunch. One would’ve made $200k if he followed me, the other said close to a million. Oops!
 
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