Looking for some portfolio advice. As the title eludes I’m feeling stuck at the moment albeit not hurting just not sure how to go from here. I’m 35, married 2 kids. Stable career. I’ve recently gone to 100% cash in my taxable investment account because I want to reevaluate how I am doing things. I’ve decided I am done tinkering with individual stocks and have wasted far too much time with that. I’ve done mainly investing in dividend stocks, value stocks, and more recently doing income earning option strategies on those positions such as covered calls. Realized finally that was all a waste of time and effort as many “conservative” positions I found myself invested in I’d end up down big on and unable to utilize an effective options premium strategy. So I’d rot in those positions earn a 3-5% dividend meanwhile the SPY goes up seemingly everyday. Every crisis headline in the news is just another springboard to drive it higher.
I’m actually very down on the stock market as a whole. It just feels more and more manipulated and more and more like a casino. That being said I know it’s still important to be invested. Can’t let personal feelings about the market and the economy block out the obvious reality of markets.
Anyways, as it stands now I’m making around 125k year between salary and VA compensation. Laid out as follows:
Robinhood gold account earning 5%: 75k - 100% cash at the moment
TSP: ~180k - allocations 65% large cap stocks 20% DJIA/small cap 10% international 5% bonds
Personal Roth: 5k in JEPI (haven’t paid much attention or effort to this one since opening last year)
Vanguard IRA: 35k small amount in VOO, small amount VGLT, rest in vanguard money market @ 5.2%
High yield savings: 173k earning 4.4% and 4.25%
No debt other than my mortgage which is 2.375% 30yr VA. $1,850 payment with a balance of 258k
As you can tell I am way too conservative for my age. I am and have been always way too concerned with trying to time the market. Ever since 2022 I’ve been thinking the market should have a bigger correction due to excessive debt and Covid stimulus unwinding. So while I have been buying things I’ve always been to quick to sell winners and stuck in losers. So I’ve gotten too comfortable sitting in high yield cash.
Right now I am trying to determine what to do next. If the market ever falls again I’ll most likely move the taxable brokerage into like 95% VOO and 5% BTC and let it go. But i feel uncomfortable doing that now.
I’ve also wanted to get into real assets so considering maybe taking the some funds from HYSA and brokerage and doing that. Then again I get turned off by the cost of capital on that route at the moment compared with the rate of return and management stress it would bring ie rental property.
Then I’ve thought about paying off my current mortgage relatively soon. I know that’s not a good decision financially speaking, but just for the accomplishment of doing so and adding immediate cash flow does sound appealing.
I’ve always loved trading and stocks. Although if I’m honest with myself I’m not very good at it. The easiest thing to do would be to just get much more of my money back into VOO/VTI. I just feel like doing that here and now sets me up to potentially have a high likely hood of being down 10-20% pretty quick. When I look at a 5 year chart of SPY I feel like I’d be piling in at the top of basically a vertical line that was created largely by government intervention in the market.
I’m actually very down on the stock market as a whole. It just feels more and more manipulated and more and more like a casino. That being said I know it’s still important to be invested. Can’t let personal feelings about the market and the economy block out the obvious reality of markets.
Anyways, as it stands now I’m making around 125k year between salary and VA compensation. Laid out as follows:
Robinhood gold account earning 5%: 75k - 100% cash at the moment
TSP: ~180k - allocations 65% large cap stocks 20% DJIA/small cap 10% international 5% bonds
Personal Roth: 5k in JEPI (haven’t paid much attention or effort to this one since opening last year)
Vanguard IRA: 35k small amount in VOO, small amount VGLT, rest in vanguard money market @ 5.2%
High yield savings: 173k earning 4.4% and 4.25%
No debt other than my mortgage which is 2.375% 30yr VA. $1,850 payment with a balance of 258k
As you can tell I am way too conservative for my age. I am and have been always way too concerned with trying to time the market. Ever since 2022 I’ve been thinking the market should have a bigger correction due to excessive debt and Covid stimulus unwinding. So while I have been buying things I’ve always been to quick to sell winners and stuck in losers. So I’ve gotten too comfortable sitting in high yield cash.
Right now I am trying to determine what to do next. If the market ever falls again I’ll most likely move the taxable brokerage into like 95% VOO and 5% BTC and let it go. But i feel uncomfortable doing that now.
I’ve also wanted to get into real assets so considering maybe taking the some funds from HYSA and brokerage and doing that. Then again I get turned off by the cost of capital on that route at the moment compared with the rate of return and management stress it would bring ie rental property.
Then I’ve thought about paying off my current mortgage relatively soon. I know that’s not a good decision financially speaking, but just for the accomplishment of doing so and adding immediate cash flow does sound appealing.
I’ve always loved trading and stocks. Although if I’m honest with myself I’m not very good at it. The easiest thing to do would be to just get much more of my money back into VOO/VTI. I just feel like doing that here and now sets me up to potentially have a high likely hood of being down 10-20% pretty quick. When I look at a 5 year chart of SPY I feel like I’d be piling in at the top of basically a vertical line that was created largely by government intervention in the market.
Statistics: Posted by abcd44 — Sat Aug 17, 2024 9:17 am — Replies 12 — Views 723