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Post by catdog on May 7, 2023 15:28:07 GMT
I have become a lazy investor. Two years ago I sold all my bond funds and six months ago I sold all my equities. Currently I am 60% money markets and 40% CD's. Is that even an investor? The big excitement in my investing life now is waiting for monthly interest to hit SPAXX and monitoring my CD's for upcoming maturity dates. I feel a little stuck, but should be grateful for such easy safe income.
I really want to get back into equities for the excitement and responsibility of monitoring them, but just don't seem ready yet. Anyone feeling the same way or just think I am ready for adult day care?
Catdog
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Post by johnsmith on May 7, 2023 15:33:43 GMT
If this works for you, keep at it.
The issue to remember - if interest rates go down, what happens?
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Post by fishingrod on May 7, 2023 19:58:56 GMT
I have become a lazy investor. Two years ago I sold all my bond funds and six months ago I sold all my equities. Currently I am 60% money markets and 40% CD's. Is that even an investor? The big excitement in my investing life now is waiting for monthly interest to hit SPAXX and monitoring my CD's for upcoming maturity dates. I feel a little stuck, but should be grateful for such easy safe income. I really want to get back into equities for the excitement and responsibility of monitoring them, but just don't seem ready yet. Anyone feeling the same way or just think I am ready for adult day care? Catdog lol (about daycare)
As you know, there is a measurement of safe income that can be wrapped up in one chart.
One cannot be in two places at once. Or can they? Not a bad time, imo.
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Post by FD1000 on May 7, 2023 21:27:01 GMT
I don't know your age and goals. SPY made over 12% in 6 months, DODIX made 7.7% and HY munis=ORNAX made 11.6% which is a lot more than your portfolio.
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Post by waffle2 on May 7, 2023 23:00:22 GMT
US Value is doing rather badly this year so far.
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Post by steelpony10 on May 8, 2023 0:45:53 GMT
catdog , If you think you have enough for all future events that are important to you why change anything. I quit already just tweak at times. It should be a great feeling to be done with random events out of your hands. Frustrating is a better description where logic and a plan is just a small part. I never found investing exciting after the tech crash in 1999, just a problem to solve and to be able to walk away asap. I say try online poker where there is excitement at times and your brain still matters. If that is too extreme try Wordle. It’s found online every day in the New York Times. Even in a diaper you can still enjoy either challenge.
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Post by FD1000 on May 8, 2023 2:27:15 GMT
Catdog, I can invest for the rest of my life in MM, because we have enough.
But, if I can make more in bond funds when I see an uptrend, with much lower risk/volatility than stocks, I'm going to take it.
Bonds are contractual vehicles. I predicted in 11/2022 chances are high that bonds will recover all their loss within 12-18 months and why I started to hold them longer and use a very high %.
Many investors stayed out for years after 2008-9 and missed a nice rebound in the next 10 years.
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Post by steadyeddy on May 8, 2023 3:00:31 GMT
There is no need to get back into equities. Typically those that are comfortable getting completely out of equities have hard time getting back in.
In general, the era of zero interest rates is perhaps over for the next few decades. So enjoy the cash generating capability of fixed income investments like MM and CDs with essentially (almost) zero risk to the principal.
I maintain a lower equity % in my portfolio than what I could tolerate for the very same reason but I do not foresee getting completely out of equities for any period of time.
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Post by catdog on May 8, 2023 23:50:47 GMT
Thanks for all the responses.
FISHINGROD
I guess I don't understand the chart. I am not a very educated investor.
FD
Good and simple suggestions, I will keep in mind for my upcoming entrance back into the markets.
STEELPONY
Yes we have enough, but investing is my hobby. I also have VA healthcare (which is excellent by the way) so its like having an extra $200k in your back pocket for retirement.
STEADYEDDY
Don't really gamble except for investing.
I do have a plan to get back into the market's soon. Hoping to start a half position in FBND soon. Active management for .36 expense ratio. After that I want to get into SCHD/VIG/FXAIX. That will be about 40% PV. Also will shoot for 4.5% 4 year CD's equal to 40% of PV. 20% MM and I am done.
Catdog
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