US Stock Market

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JINSAKAI
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Re: US Stock Market

Post by JINSAKAI »

My aggressive portfolio is kind paying off this year (probably just got lucky :) ), I just need FIREIndia on the forum for further aspiration ;) ...
nodegree
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Re: US Stock Market

Post by nodegree »

JINSAKAI wrote: Fri Nov 08, 2024 5:02 pm My aggressive portfolio is kind paying off this year (probably just got lucky :) ), I just need FIREIndia on the forum for further aspiration ;) ...
How aggressive are we talking about? ;)

I do miss FIREIndia...
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Re: US Stock Market

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JINSAKAI wrote: Fri Nov 08, 2024 5:02 pm My aggressive portfolio is kind paying off this year (probably just got lucky :) ), I just need FIREIndia on the forum for further aspiration ;) ...
If I were you, I would book some gains - you never know. The inflation is slated to go up with Tariffs, increased spending and the fact that Jay Powell says he can't be legally fired :) The entry point now for Trump is vastly different from 2016. The borrowing costs for the businesses would go up and cause a recession before Fed starts cutting rates again probably in 2026.
Last edited by SAPPORO on Fri Nov 08, 2024 7:59 pm, edited 1 time in total.
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Re: US Stock Market

Post by nodegree »

SP500 briefly touched 6000 today. We're in interesting times with bond yields going up, dollar getting stronger but the stock market is also going up.

Are the Bond vigilantes back? Does it really matter what the Fed does anymore?
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Re: US Stock Market

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nodegree wrote: Fri Nov 08, 2024 7:53 pm
JINSAKAI wrote: Fri Nov 08, 2024 5:02 pm My aggressive portfolio is kind paying off this year (probably just got lucky :) ), I just need FIREIndia on the forum for further aspiration ;) ...
How aggressive are we talking about? ;)

I do miss FIREIndia...
Heavy into tech stocks, less than 1% in cash and 0% Bonds :)
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Re: US Stock Market

Post by Lakshya »

The market continues to climb, and I'm unsure what to do with my few individual stocks. Some have solid gains, but I’m debating whether to lock in profits, especially since they’re held in an IRA. When it comes to mutual funds, I’ve never sold anything since day one, even during downturns like 2008 or the COVID crash—I just keep my DCA going.

Right now, I’m holding a few riskier bets like NVIDIA, Palantir, and Tesla, but they make up a small percentage of my overall portfolio and I am debating about these stocks. The rest of my stocks—like Apple, Meta, Amazon, MO, PM, Booking, Netflix, Intuitive Surgical, and Ulta—are long-term holdings (10+ years), and I have no plans to sell them.

On a side note, I recently tried the Boldin Retirement tool (paid version). My main concern was whether I could maintain my current lifestyle if I retire at 62 (planning to claim Social Security then), and the tool says yes. It even projects I’ll have money left for my kids. According to the tool, I could retire in my mid-50s, but I’m not planning on doing that. If you're a DIY type, it’s worth considering—it costs $120 per year.

Link of the software
https://www.boldin.com/
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Re: US Stock Market

Post by SAPPORO »

I have a feeling that there would be a rotation out of tech stocks around the corner with the yields going up in spite of fed cutting rates due to the impending increase in inflation amidst large scale deficit spending. They have also had a great run for a long time.
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Re: US Stock Market

Post by JINSAKAI »

Lakshya wrote: Sat Nov 09, 2024 12:51 pm The market continues to climb, and I'm unsure what to do with my few individual stocks. Some have solid gains, but I’m debating whether to lock in profits, especially since they’re held in an IRA. When it comes to mutual funds, I’ve never sold anything since day one, even during downturns like 2008 or the COVID crash—I just keep my DCA going.

Right now, I’m holding a few riskier bets like NVIDIA, Palantir, and Tesla, but they make up a small percentage of my overall portfolio and I am debating about these stocks. The rest of my stocks—like Apple, Meta, Amazon, MO, PM, Booking, Netflix, Intuitive Surgical, and Ulta—are long-term holdings (10+ years), and I have no plans to sell them.

On a side note, I recently tried the Boldin Retirement tool (paid version). My main concern was whether I could maintain my current lifestyle if I retire at 62 (planning to claim Social Security then), and the tool says yes. It even projects I’ll have money left for my kids. According to the tool, I could retire in my mid-50s, but I’m not planning on doing that. If you're a DIY type, it’s worth considering—it costs $120 per year.

Link of the software
https://www.boldin.com/
Classic case of “Time in market” than timing the market :)
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Re: US Stock Market

Post by soxfan »

Lakshya wrote: Sat Nov 09, 2024 12:51 pm ........

Right now, I’m holding a few riskier bets like NVIDIA, Palantir, and Tesla, but they make up a small percentage of my overall portfolio and I am debating about these stocks. The rest of my stocks—like Apple, Meta, Amazon, MO, PM, Booking, Netflix, Intuitive Surgical, and Ulta—are long-term holdings (10+ years), and I have no plans to sell them.

------
Great selection of stocks. I am currently in a situation where my investment in a few individual stocks has risen to a significant potion of my overall portfolio. 40% of my overall portfolio is in 15-20 stocks - many of which I have been adding for years without selling (for ex, adding aapl, amzn from early 2000's; adding meta from its ipo; adding nvda, googl, msft, bac, brkb, cost. lly from mid 2010's etc.). Overall it worked out fine, but looking back I think I stretched my luck a bit too long, especially on the tech names, and its time to rebalance. I am just waiting for the new year to start booking some profits (out of a personal situation, dont want to increase my taxable income this year) - just hoping market wont tank in next couple months :).
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