As someone also in their mid 30s I figure I’m working for another 25 or 30 years and can afford to be pretty aggressive with retirement money. I think mine is 90/10.
2021 Stock Market
- Thread starter SoapyCy
- Start date
If you were in your 50’s I would still urge you to stay aggressive. Mid 30’s for sure.
Same age range and same strategy as you currently. I’ll likely stay very aggressive until I’m within just a couple years of retirement.
At that age, it's damn the torpedoes, full speed ahead.
Use that other 5% for lottery tickets and you'll be at the right mix. I think you're fine. You have such a long time horizon that as long as you don't sell the dips, you'll be fine.
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If I had to do it over again and I was in my mid 30's, I would have 100% in the S&P 500 and quit playing around with the other expensive options in my 401k.
Ironically holding only "works" if you sell
I have it set to sell my one $GME share at $1,000. I can wait.
Minimizing fees is the real key to maximizing returns.
I tell my friends this all the time. Humans like "nice" numbers. Look at market "support" lines. It's almost never some completely random number based on valuations. It's often some nice pretty number that is a factor of 10. I try to avoid trades at those "pretty" numbers. If your selling on the down side, go up a couple bucks. If you're selling on the climb, go under a couple. If you look closely at some of these more volatile trades you'll often be able to pick out some volume spikes at those pretty numbers when peoples limit orders are triggered.
And I REALLY appreciate the update!
You don’t print and hand out that much money and not expect inflation to hit. Or shouldn’t.