It's always frustrating...Days like this. I have an occasional FA and literally JUST got done with a consult where the recommendation was to basically change very little from my existing AA which is essentially 50/50. Well the main thing was adding big to Small Cap. On the FI side, that 50% is made up of mostly Short Term bond fund ETFs...and some longer duration... TIPS funds. like Schwab SCHP - - that is my biggest loser in my taxable account. So, a day like this comes along...where equities are up nicely... great jobs report... and I enjoy.... a big drop. Ok, not like, double digit percentage or anything but..still...it is just tough to continue to watch bond funds take a hit...after the carnage of the last year + in that sector.
Anyone else with a "moderate" PF feeling that pain? Just curious. For the last few years i've called it my "going nowhere" portfolio.
Anyone else with a "moderate" PF feeling that pain? Just curious. For the last few years i've called it my "going nowhere" portfolio.