General Discussion

I was finally at my anxiety max after watching the stock market dropping.
I’m not an expert and I have a financial advisor. My advisor was still trying to convince me to keep my money in my target date retirement fund. At 71, I’ve seen my pitiful little 401K bounce like a roller coaster a couple times. Not anymore. I don’t have enuf years of life left to wait to recover from another bad dip.
On Nov15, I called and asked him to move it all to a money market fund. Apparently, according to the website (Capital Group), it’s US Treasury Bonds.
From the post-election peak in the DJI to its steady drop since, I would have lost a fair chunk. My request to change funds has already proved beneficial having clawed back a nice bit of the loss.
As of now, my risk is minimal. My principal doesn’t drop and I get a nice dividend every month. I can sleep better. I understand I won’t keep up with inflation, but if the market bubble bursts, I won’t see my investment be halved overnight again.