Ghost of Igloi wrote:
agip wrote:
Market resumed its climb after Jan-feb as if that correction had never happened. it's just a blip when you look at the 5 year spx chart. Market has been on a steady upward trajectory, with a few blips like that.
this stuff happens. It's the stock market. 8% downturns are the price you pay for the long term rise.
except for the once in 10-20 years when it is a big downturn.
Not so with international, high yield bonds, and non-FAMANG domestic market.
Disagree. US small caps did the same as the Sp500 - recovered after feb to their 5 yr trajectory.
agreed overseas stocks have been terrible. and high yield here has been iffy. But high yield is still a winning trade for the year - up a percent or so.
To some degree I'm hiding out in short term high yield - 5% coupon, 3 year duration. Seems to be fairly safe if the economy takes a dip.
Except 10% of the fund is in oil companies, so it is getting hurt more than I thought it would.