Not sure how. But it will be yet another stupidly destructive thing this Stable Genius does.

to how much he can screw things up. He has a lifetime of experience and he only gets better at it with age.

I'm assuming they took all their money out of it a long time ago.

Just spoke with my advisor last week and he said they have been rebalancing all portfolios to keep them from getting overweighted with tech funds.

Moving to cash or money market now might feel like the safe thing to do, but timing the market is a fool’s errand. Cash/Money market accounts will never keep up with even mild inflation, and if we enter a recession as expected, inflation could hit double digits. You might lose money on paper, but inflation will eat away at the purchasing power of your cash.

Our portfolio has survived the crashes of 1987, 2001 dot com bust, 2008 GFC, and COVID, and recouped the losses (which were always less than the DOW/S&P drops) and went on the make significant gains. Some years were nail biters, but we stayed the course and are better off for it.

We are retired now (left work just before COVID), and maintain a moderate risk portfolio of 60/40 stock/bonds.

Never panic

We are headed for a cyclical recession (which we really haven't seen since 1973-75), a stagflation recession and inflation, but it's mitigated by the growth in AI prospects. But unemployment I would bet will double in the recession. I think we'll know a lot more by April 2026.

A correction is long overdue. It's growth is absurd, given the state of the real world. I'm guessing when the consumer credit fueling it all is throughly spent, something will happen. When there aren't enough people left to fire at enough companies, to get a sufficiently happy quarterly report... people will head for the exits.

to a money market fund made up mostly of cash back in Mid-November 2024.

Once it was evident Trump was President Elect I called it quits. I’m 71 and could see that a big dip in my meager investment account would be devastating. I’m quickly approaching the age where I have to take a mandatory minimum distribution. If I was faced with a heavily reduced balance due to a market correction, I would be screwed both ways.

I earn a tiny bit of interest each month, and I don’t worry about the bottom dropping out.

Every 3 months one comes due. 3 to 5% is better than losing it all. There is not much to lose but without it, I live under a bridge.

I did keep a little bit of stock.

Not the fanciest set up but I sleep at night

at the laddering as well.
I have a teenie bit in 2 CD’s with different maturity dates thru my local bank.

I might start pulling more over into similar CD’s as time goes by.

Yea, I’m not losing sleep over my 401K but plenty of other excuses to keep me up.

I hate what is happening in this country. It just shouldn’t be like this.

Have a good evening, where ever you are

… get 3-4% or better.

I rebalanced to 50/50 when I retired in 2021. It’s been pretty consistent: I get about 60% of the gain but only 50% of the drops. No telling what will happen going forward, though.

Yes, I’m continuing to tweak!

I’ll be okay as long as I hold on to what I have, but can’t say the same if I get greedy and swallowed up by a bubble burst at 73.

While most people have no financial assets at all (aside from a mortgaged home), the top 1% have done amazingly well for themselves. You can only buy so many yachts, luxury vacation homes, and sports cars, so the wealth chases a small number of investments. The price of these investments thus keeps going up as demand outstrips supply.

I'll add that the AI exuberance assumes a winner-take-all scenario.
I see such an outcome extremely unlikely. There may be ultimate winners (plural) but with distributed market share, none of the companies will achieve the potential driving the current pricing.
As to other elements of S&P, I always keep an eye on P&G because I worked on multiple projects with them during my xareer. Their stock is down 11% over the last 12 months. This is an $85 billion revenue company with multiple markets & their stock is down that much.
Geez, Exxon is down 0.8% in the last year. A petro company!

The US is pumping record volumes and depressing oil prices. I’d stay clear along with chemical companies for a bit.

Just a tidbit. It’s always risky historically to be out of the market.

Information Technology: +23%
Communication Services: +25%
S&P 500 overall: +15%
Utilities: +18%
Industrials: +18% (as of October 29)

80% of all the stock market gains this year are in AI. If you’re doing the look at all the top companies anymore it’s all tech, tech and more tech. This isn’t a healthy economy and market. It’s all being driven by 1 sector and 1 sector alone, AI. And to be honest even that all is bull shit. Watch some videos on YouTube about how like 8 companies are just circulating the same $100 billion to each other and driving up their valuations off it. If/when all that comes crashing down, unfortunately the entire market will go down with it because the market has only went up the past 18 months because of AI

Remember we had a major dip earlier this year in the spring, and the markets rebounded.

Confirmation of a recession could cause a pullback and sell off. So could some significant political event, like Mamdani winning (although that is expected by most), Trump invoking the Insurrection Act, etc.

Investors have learned to expect volatility during the Trump era, but it is the unexpected events within the investment world itself- crypto crashing, gold plummeting, AI imploding- that could bring the biggest drop.

If I knew, I’d be shorting the market or buying puts like in the Big Short (great book and movie btw). Some said buying the dip in April would be catching a falling knife, instead it came roaring back. But over the next few months, who knows? Trump will likely say more stupid shit, call for new tariffs, launch a war, call for martial law. The list is endless.

Manage your savings according to your own age and risk tolerance.

This year is AI companies. It's a bubble. At some point it will pop, and Trump is wrecking the rest of the economy.
I'd say sometime in 2026.

Keeps tech bubble inflating until 2026. But this shutdown is eventually going to slow the economy and the country to a scrawl.

... goes up like this:

No Mercy No Malice @profgalloway
Scott Galloway
How Does the End Begin
https://www.profgalloway.com/how-does-the-end-begin/

He's not giving financial advice, but he did mention what he'd been doing in Oct 15th's Raging Moderates podcast:

Meta dropping, Google booming, rate cut . . .

Stocks probably have room to run so long as tech trades jobs for Ai hence increase profits short term.

It's always been a popular month for this.

They're buying up everything that they think will go up - real estate, farmland, stocks, bonds, gold. Not only the wealthy, but 401K and pension funds. Hard to say how long it can go on, but with so much money, perhaps longer than we think.

No Mercy No Malice @profgalloway
How Does the End Begin
https://www.profgalloway.com/how-does-the-end-begin/

The article is a must read for details, but he also discussed this in Oct 15th's Raging Moderates with Scott Galloway & Jessica Tarlov (wherever you get your podcasts). An excerpt from that:

trained on very specific data. And the rest just sediments. "Free AI forever with our phone"

You might compare it to salesforce. An entrerprise kind of thing. Profitable, but not trillions.

It's holding up an economy in downfall.

Period.

I'll start redeeming some of the smallish risky mutual fund I own. Just so I don't yo-yo like last time. It's almost back to its peak.

It's taxable, so dribs and drabs.

The rest is in the "Bank of Serta" for the most part.

Here's the TLDR:

but I cannot.

We have a K-shaped economy: AI/tech/capital-rich firms soaring while much of the rest of the economy lags. The good news: if you’re positioned in the winners you benefit. The risk: if the bubble in the winners bursts, the fallout could drag the broader economy and deepen the divide. The 2025 market is a bubble in parts (AI semis, small AI plays), but it’s built on real earnings and demand, not vaporware. Any “crash” will likely be shallower, more selective, and spread over a longer time frame, less like the dot-com implosion, more like the 1973–74 tech digestion or 2022 mini-bear.