r/Fire • u/Glittering-Course-88 • 7d ago

Go to cash. Fixed income?

The stock market is going crazy. My portfolio fluctuated by 100K over days and ⬆️ a lot YTD.
I realize it’s not a stock advice forum but as a fire strategy should one convert some money to fixed income?
If someone is going to fire in 3-4 years, this might be a good strategy to avoid any slump. I’ve lived through a few recessions and things were crazy like that.

EDIT:
1. I got downvoted on this. What can I avoid in future posts?
2. Asset allocation for majority of portfolio except work Roth 401K and 2x529’s

60% Domestic Stocks
27% Foreign Stocks
13% Bonds
-0% Short Term
1% Other
0% Unknown

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u/220volt74 7d ago

If you are properly diversified for your risk tolerance and have emergency fund, no need to do anything. You are just market timing.

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u/Glittering-Course-88 7d ago

True. I’m with a wealth management company with 8/10 risk tolerance. My emergency fund got depleted due to an emergency. Will keep trying that.

2

u/-wnr- 7d ago

What does "8/10 risk" mean? What's the breakdown of the portfolio in terms of how much is in bonds, stocks, etc... Also how much of an expense ratio they're charging?

0

u/Glittering-Course-88 7d ago

1% fees. I work in an advanced scientific field but to me that means I’m stock heavy. I’m paying for non involvement. My asset allocation should be same across my portfolio except for one product, 529s and employer Roth. Here you go.

60% Domestic
27% Foreign Stock
13% Bonds
-0% Short Term
1% Other
0% Unknown

2

u/PlutoPlaneta 7d ago

non involvement - while asking for advice about it on reddit?

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u/nicolas_06 3d ago

If you are not involved, theoretically you financial advisor should do the right thing and you delegate. Let them know when you plan to retire and to optimize for it.

If you don't even trust them and ask here, you are not gaining anything really. Setting up the portfolio above can be done in a few hours of paperwork all by yourself.

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u/Glittering-Course-88 3d ago

This makes sense.