WIR Net Worth Board

[Rukh O'Rorke]

Nov 8, 2024 13:17:01 GMT -5 seriousthistime said:

Rukh O'Rorke , I've been retired for almost four years now.  My latest AA is 52% cash/bonds and 48% stocks.  At this point I'm staying well ahead of inflation.  

I test my comfort level with the same 50% market drop supposition you mention.  Would it be devastating to me if it dropped 50% and I was left with 75% of my current net worth in cash and stock? It would not be psychologically pleasant but I could live with it.  

It would scare me at this point to have 40-50% of my net worth in any one stock.  

The only thing I can suggest to you going forward is to possibly break up that $100k CD into smaller CDs (unless the interest rate you're getting requires a $100K minimum deposit).  I'd rather have a bunch of smaller CDs so IF I need to access some of those funds, I can break a smaller CD and eat a smaller interest penalty. 

thanks. likely i was a little impulsive with the cd. 

ended up selling a lot more stocks after posting. I think I need to think more about index investing as well as the fixed income side of things. Going more down the boglehead route.

I'll see how I feel about things on monday. Been trying to be an ethical investor, only investing in companies that are neutral-good. But tesla turned into a whole different deal than a good environmental stock, so I think my days of thinking anything I do investing wise makes a difference are falling to the wayside. Maybe even all my sterling personal choices too. I guess I'm having something of a crisis.

[Rukh O'Rorke]

weird! the cd isnt showing up in my holdings and says the $$ is available to trade. maybe i didnt buy it afterall?

[jerseygirl]

I also have and like Tesla stock but 40-50% rukh NOPE

[Rukh O'Rorke]

looks like I did buy that CD, says settlement date is 11/19, so that is a 2 year CD at 4.6%, now that it is bought, I can't see if it is callable or not. Didn't check as I didnt know cds could be callable until i did more poking around on things to buy, I am still learning! the order has a yeild to call listed as 4.6%, so i'm assuming it is callable. 

I am looking to shoring up my AA for eventual retirement with about 30-40% in cash, CDs and bonds. I've bought some STT, I finally figured out the liquid account in my 401k is not cash but a corporate bond fund. Not where I want my safe money, really. Once I get to 70 and take my social security, I think I will go perma 80/20? Maybe someday back to 100%.

Since I am now swimming in unallocated cash in my rollover account, I've put new 401k contribution to go into the sp500, this is currently 10% pretax and 4% roth. I will leave the 10% pretax contribution until the end of this year to try to lower my taxes since Ive had a couple of extra taxable things going on - cashing out ibonds, and such. I'm just going to leave the 44k I have in the bond fund and hope it does ok. I guess a little bit of diversification? It has not performed poorly so far.

Thinking to buy some treasury notes with maturities at 2027, 2028, etc, but so far confusing to me on how to buy in the one rollover. I had done it once on one of them but will see how I get along.

[Rukh O'Rorke]

minnesotapaintlady

have you look at rocketlab today? Hope you didn't sell!

[minnesotapaintlady]

Nov 13, 2024 16:52:32 GMT -5 Rukh O'Rorke said:

minnesotapaintlady

have you look at rocketlab today? Hope you didn't sell!

Yeah, I knew it was going to jump today after the quarterly earnings report yesterday. 

I did sell 400 shares back at $10/share.    Kicking myself a little, but I think I covered my bases well with this one. I started with $3500 and no shares 2 years ago and now have 4K and 600 shares out of that $3500 so I can't feel too bad.

Of course, I wish I would have bought like 10K shares! 

[Rukh O'Rorke]

Nov 13, 2024 18:01:54 GMT -5 minnesotapaintlady said:

Nov 13, 2024 16:52:32 GMT -5 Rukh O'Rorke said:

minnesotapaintlady

have you look at rocketlab today? Hope you didn't sell!

Yeah, I knew it was going to jump today after the quarterly earnings report yesterday. 

I did sell 400 shares back at $10/share.    Kicking myself a little, but I think I covered my bases well with this one. I started with $3500 and no shares 2 years ago and now have 4K and 600 shares out of that $3500 so I can't feel too bad.

Of course, I wish I would have bought like 10K shares! 

maybe we'll get another chance!

My spidey sense said to buy 5k, but I thought - maybe a better price tomorrow, which just one big run up ever since, lol!

But earnings are still negative, so maybe some buying opportunities up ahead?

[minnesotapaintlady]

Nov 13, 2024 18:41:41 GMT -5 Rukh O'Rorke said:

Nov 13, 2024 18:01:54 GMT -5 minnesotapaintlady said:

Yeah, I knew it was going to jump today after the quarterly earnings report yesterday. 

I did sell 400 shares back at $10/share.    Kicking myself a little, but I think I covered my bases well with this one. I started with $3500 and no shares 2 years ago and now have 4K and 600 shares out of that $3500 so I can't feel too bad.

Of course, I wish I would have bought like 10K shares! 

maybe we'll get another chance!

My spidey sense said to buy 5k, but I thought - maybe a better price tomorrow, which just one big run up ever since, lol!

But earnings are still negative, so maybe some buying opportunities up ahead?

I made the mistake of calculating out what I'd have in retirement if I'd have thrown my entire 180K Roth at RKLB back in April.   

[jerseygirl]

Bought RKLB after I saw it mentioned here - thanks
Only bought100 shares and after the big leap but I have doubled money !