NI hope so!
My update: I backed down on taking all my 401k out of stock market. I changed my allocation to 70% treasury bills and 30% stocks (no more bonds.)
It turned out that when I make 401K switches with fidelity it takes effect at closing price of NEXT day. That is annoying in such a volatile market. I may move the rest more slowly but I’m not clear on the fees involved. The options with fidelity aren’t great to be honest. Very limited funds and they all seem to be a “twist” on the thing I actually want. Even the treasury bill option I’m in seems to be some sort of “mix” of treasury bill type things which they warn me might fall? And it has a management fee of 0.45 percent or so! I’ve felt it a no brainer to max out 401K (esp as I missed a few years working for startups without one, and I cashed out my first one to buy property…) but I’m not thrilled with the options here.
In the meantime, I did decide to put my new 401K contributions 100 percent into a stock tracker so I catch dips and slumps in market without having to think about it.
I’ve been waiting a month or so to sell my match group stock to reach LT cap gains. In that time it’s gone from 180% appreciation to 145%! Just a few more days to wait now. I wonder if the bumble lawsuit is having an effect there. @manch I hope your match holdings are doing ok!
The personal stock sales I did last week settled and my cash holdings are higher than they’ve been for a long time. That’s helped me feel okay during the recent volatility.
And next week I am meeting with @wuqijun to discuss investing in his flipping business!