2021 Stock Market
- Thread starter SoapyCy
- Start date
That was the quickest 29 point increase I’ve seen. Only 200 shares but I’ll take it.
I use Webull now. I still have some stuff in RH but my goal is to be RH free soon.
Totally migrated away from Robinhood. I'm with Fidelity now.
One thing I don't like about Fidelity (and I think this is the same with Schwab/TD), you can't set a high sell limit on any sell option...it needs to be within 50% of the current price. Makes it really cumbersome in these volatile runs. I might be missing something though.
I'm working on getting out of Robinhood as well - have most funds in ETrade now.
Same. Had an Etrade account before too, but they also restricted GME. Fidelity is one of a select few that did not restrict.
Sorry to ask a dull 401k question, but I need some advice. I am in my mid 30's and my 401k portfolio is very aggressive (over 95% in equities). Should I look at putting more in bonds, or is staying aggressive at my age a good strategy?
Stay aggressive. I’m late 40s and am still aggressive.
Stay aggressive. You're young, even if markets correct, you keep buying back in at cheaper shares, thus in the long run your aggressive nature will pay off and it'll come back quicker even on downturns. My dad told me to do this too. I've got mine in funds that are made up of all stocks for now, and my roth set a little more conservatively. Essentially you're buying back at dips, which is the way to go. Now once you get into your mid to upper 50's or closer to whenever you plan on retiring, scale that back into some more conservative growth funds that are safer and less risky. I'm not a financial advisor, so take that with a grain of salt. But I've learned that when my 401K has been more aggressive these past 5 years, it's had more growth than the first few.