A quick online search search brings up this “messiness – a state of confusion and disorderliness”. Yup, that sounds about right. The world seems to be in a state of confusion is a post Trump, COVID laden, contradiction overwhelming era. Being true to the overall theme of 2020-2021 I’m full of contradictions and cautious uncautiousness myself. On the left side of my brain, I just moved a roll over an old IRA to Fidelity’s Zero stock Market Total Index Fund (FZROX). This is a direct response to the ultra low Vanguard total stock market index (VTSAX). Yes, Vanguard had a model and Fidelity is trying to grab the outliers and no loyalist (me). However, zero is better than ultra low costs. If this 0% expense ratio goes away, there’s always VTSAX!
Now, on the right side of my brain, I’ve been hand picking a feeble stocks. This mean chump change hand picking. I’m interested in a few industries I know a very little bit about. I wanted a reason to research them. Plus it’s literally less than a nice dinner out I’m risking here. .I also learned about negative correlation stocks. Buying stocks now that you never expect to change unless the market crashes. That’s like putting savings in a bank account that’s not FDIC insured but has the possibility of an upswing you you need it the most.
Overall, I’ll say my risk tolerance has increased slightly from my first job and 401k, when I save like an 80 year old, but I’m still a big believer in buy and hold. Even these hand picked stock, I don’t plan to sell. Like ever… still living a hot FI mess 🤣
a hot FI mess 