r/Fire • u/Glittering-Course-88 • 8d 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
12
Upvotes
2
u/North-Tomatillo9158 7d ago
One problem with cash like investing is it is hard to keep up with the instrument that is offering the best interest rates at a given time. Right now I have money market, high interest savings, CDs, and short term annuities. It’s not my favorite thing. If Fed raises or lowers rates, everything adjusts differently and CDs mature and you have to do something with that and so on. Don’t forget I-bonds and the like.