Discussion in 'UPS Discussions' started by Joshm, Jun 21, 2019.
REITs are getting killed. Better rebalance....
that's what we did. the 15 year mortgage was too high to do every month so we took the 30. started applying our tax refund every year to the principle. then 100 a month and then more and more when it was comfortable. paid off house in 17 years and saved $133k in interest. best thing we did as it helped me retire 5 years earlier plus the peace of mind is priceless.
Imagine the stupid drivers now trading and investing in internet funny money aka crypto currency. Whew lad, they are in for a rude awakening.
Yeah, that's great and all. I'm glad you've sort of positioned yourself to weather a down year or two in the market, and maintain a safety net for your wealth.
But I've gone next level - I have most of my assets in shelf stable foodstuffs, and of course, all of the 5 food groups are covered in my stockpile. Only an idiot wouldn't plan for proper nutrition.
Diversifying is key when it comes to worst case scenario retirement planning - I've got blue chip dehydrated meats and veggies, but I've elected to put my dairy into riskier higher yield assets with more potential for spoilage - I figure my chickens and dairy cow can cover any potential catastrophic loss in this area. It's worth any chances I might be taking, to have a greater supply of milk and cheese - I cannot drink black coffee and cheese makes almost everything better! A well fed child of the apocalypse is a dangerous adversary - so beware me and mine.
I've also branched off into the international market, myself - there's 2 bug out bags ready to roll next to my front door at all times, each with passports, $5k in Euros, $5k in Chinese currency, 8 ozs of gold, a Japanese samurai sword, a german trench knife, a Russian made AK-47, 1000 rounds of Ukrainian ammunition, and a pup tent - made in the USA.
I am ready for whatevs. My planner encouraged us to look deeper, and prepare for the unexpected, and we took what he said to heart, and we ran with it. Sure, it's taken some sacrifices, but it's worth it for the piece of mind.
My REIT is up 16%for the year.
No wonder you backed of on the 600k lake home.
Depends on what kind of holdings they have in the fund. The ones with malls and retail spaces are getting killed.
The one in the Teamster/UPS 401K
my current allocation is set to buy 60% sp500 / 20% midcap400 / 20% russel2000. but i have in the past bought the international fund and the reit fund some.
i'm currently up 23% over what i've contributed in the time of about 4 years. the return calculator says i'm up 1.75% ytd, 15% from 1 year ago, 21.89% from 2 years ago.
it's about 50/50 trad/roth, but my contributions are full roth now.
what is your age? you're all in on equities and have no bonds.
we have about 60% stocks, 10% precious metals , and 30 % bonds. but we are in our 60's so need to cut down some risk. this is just in the 401k which accounts for about only 30% of our total portfolio.
also have some IRA's , real estate , and cash. for the rest.
That % includes what you have put in or taken out also. Not just how the market performance has been.
I feel like a lot of people think it’s just how the market is doing. At the end of the year if you’ve put $19k in there there’s a reason it says it’s up 15-20%.
Mine is up 31% since 1-20-2017. 100% in the S&P. Switched into that the week before Trump was inaugarated
My 401k went up almost as much as I made this year working
For some reason I can only go back to 1-2018 on history. Not sure why. I know it was up 31% last time I could go back to 1-20-2017
I don't think so. They give you the RETURN % and do not take into account your contribution.
anyway , that is what they do for mine. I have had negative % returns in years past when we were making max contributions. starting amount would be X, ending amount would be Y ( which was higher than X after contributions )
But return could still be negative because of a neg.market year.
Look at the picture I posted above that came directly from the website.
@Pickles knows everything
Separate names with a comma.