No. of Recommendations: 13
In the strange/overvalued market we see today, What I’ve done:
Net seller, which…duh…is what retirees do. But I sold enough to fund a couple years of retirement.
Told young people in another forum I am in to sell huge run ups. One sold their whole intel stake. Told them to stay away from polymarket and crypto and other nonsense.
Daughter and I talk investments…she had a Roth before she had a drivers license. I told her not much is cheap now and to stay in a lot of cash. She is, SWVXX and wait and see.
I am waiting for a local RE collapse, maybe in Florida, and we might pounce and retire there.
How does this one unwind? I don’t know but it feels vaguely 2000 or 2008-ish.
