New Tarrifs

[mkd]

I'm hoping for a correction. I'd start pouring as much as I could in to my retirement. 

What's going on right now can't be sustainable?

don't time the market, it's about time in the market.

If you have fear, there are stable boring ETFs. like Utility and consumer sstaples.. Like a democrat going to the polls; invest early and often.

[neurosis]

don't time the market, it's about time in the market.

If you have fear, there are stable boring ETFs. like Utility and consumer sstaples.. Like a democrat going to the polls; invest early and often.

I feel like I just got investing advise from "The Dude". 


I do have one for you though..  I made a post that everyone ignored. How do you feel about private equity being opened up to 401k?

[CNCAppsJames]

#BroScience

#TrustMeBro

[neurosis]

That carpet really pulled the room together

[mkd]

I feel like I just got investing advise from "The Dude". 


I do have one for you though..  I made a post that everyone ignored. How do you feel about private equity being opened up to 401k?

1. the headlines are overblown. Trump didn't just throw the doors open to private equity.
2. 401k managers have a fiduciary duty to their investors. It's not going to be wildd wild west.
3. up til now accredited invesstors were the only one's qualified to geet into PE. Sso there is a democratizing factor that is a positive as somee of the best and worst deals can be found in that space.


I was preaching about time in the market from me missing lots of gains over the last few years by not being all-in. Tracking my stuff ssincee selling my cali house in sept. i'm up 15% in less than a year for the fist time ever. still trailing the market and eveen worse in past years. . timing bit me.

[neurosis]

1. the headlines are overblown. Trump didn't just throw the doors open to private equity.

I wasn't asking that as an anti-trump or this is a bad policy question.

I'm sure that opening this up will benefit some. My question was more about the potential for financial advisors to take advantage of it.

[mkd]

I wasn't asking that as an anti-trump or this is a bad policy question.

I'm sure that opening this up will benefit some. My question was more about the potential for financial advisors to take advantage of it.

fiduciary is a legal term, so NOPE.

[neurosis]

I will say this.. I don't want to see my retirement invested in any of those things  - crypto - PE 

real estate? 

[mkd]

I will say this.. I don't want to see my retirement invested in any of those things  - crypto - PE 

real estate?

Well I was trying to get a buddy of mine to sell me some of his spaceX shares a couple of years ago. It's up over 2.5x in that time. I wasn't accredited at the time and couldn't even if he wanted to sell. So maybe such aa deal could happen in the futurre


Real estate in a brokerage is very safe and boring. Look up REIT tickers:
NNN
ADC
O -raising monthly dividends since 1994
WPC

[neurosis]

Real estate in a brokerage is very safe and boring. Look up REIT tickers:

The real estate I would be less worried about.

I'll paste a smidgen of some of the reading I've been doing and you'll get the apprehension.

"Fiduciary Standards and Suitability: While plan fiduciaries are still required to act in participants' best interests, the added complexity of private equity could make it harder for non-expert investors to assess the suitability and risks of these options—especially if financial advisors promote them aggressively. There's a risk that unsophisticated investors may be tempted by promises of high returns without full appreciation of the significant risks or liquidity constraints involved.

Potential for Abuse: Critics and consumer advocates warn of scenarios where poorly supervised or unscrupulous advisors might push high-fee, high-risk private equity products onto 401(k) participants, knowing that these products generate greater commissions or incentives for advisors. This is of particular concern for less-informed investors who may not understand the downside risks or the illiquidity of these assets."

There is more, but I'll leave it at that.

[mkd]

The real estate I would be less worried about.

I'll paste a smidgen of some of the reading I've been doing and you'll get the apprehension.

"Fiduciary Standards and Suitability: While plan fiduciaries are still required to act in participants' best interests, the added complexity of private equity could make it harder for non-expert investors to assess the suitability and risks of these options—especially if financial advisors promote them aggressively. There's a risk that unsophisticated investors may be tempted by promises of high returns without full appreciation of the significant risks or liquidity constraints involved.

Potential for Abuse: Critics and consumer advocates warn of scenarios where poorly supervised or unscrupulous advisors might push high-fee, high-risk private equity products onto 401(k) participants, knowing that these products generate greater commissions or incentives for advisors. This is of particular concern for less-informed investors who may not understand the downside risks or the illiquidity of these assets."

There is more, but I'll leave it at that.

Could say that about anything.
 We don't need any more dodgy things to put our money in when there are insurance companies profiting off annuities. Combining shitty annuities with 'advisors' charging 1% AUM for doing worse than VOO .
Don't get me started 🤣

[neurosis]

Well shit.

We were just talking about this.

Wealthy inheritors plan to fire their parents' wealth advisors

"2. All about the products

While older investors lean toward stocks and bonds, younger investors want more crypto, private equity and overseas investments. Fully 88% of investors say the next gen has more interest in private equity than baby boomers.

Capgemini said younger investors believe strong returns can no longer be driven by just stocks and bonds, and that private equity and other alternatives can provide better long-term growth. Private equity is also becoming more widely available through lower minimums and third-party asset managers.

While young investors want more crypto, two-thirds of wealth managers surveyed by Capgemini say they don't have investment options for emerging asset classes, including crypto."

[neurosis]

From an order today. For those of you "prices aren't going up due to tariffs" guys.

[gcode]

and Trump will use your $18 to put some fuel in TrumpForce One

[neurosis]

and Trump will use your $18 to put some fuel in TrumpForce One

It's certainly not going to be used to pay down the deficit. He might as well use it for lunch at McDonald's.