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The stress is pretty high when 100% of portfolio is in QQQ and has 20% down. I can't even imagine about 30%+ down. It is too late to sell it and switch to Bond or SP500. I have to hold it and hope the market will be back next year. This is very tough lesson for me and will not do same in the...

My husband and I are still working with decent income to handle the current bad stock market. With high inflation that may persist for a while we don't know where to invest. During 1970s high inflation period, inflation adjusted stock price was down, and CPI adjusted housing price was flat/down...

I was mainly on SP 500 before 2021 and gradually moved all the portfolio to QQQ due to greedy. So I did lose a lot of money. I had very little asset back to 2008 so this is the first time I feel the tough lesson. Always should remember to diversify the investment. With current inflation...

Hi, I have planned to retire in the next 5 years until the crash of stock market this year. Because I was greedy or too eager to grow the asset, I have invested all the 401k/IRA in QQQ, which dropped a lot (20% or around $500k) It seems that I can't meet the financial goal. Have to work a...

Congratulations! 3M is my next target. Hopefully I can get it by 2023

Similar situation: rising stock market just pushed asset above 2 Million. Same enormous work stress makes me think whether it is worth to sacrifice health for a paycheck. Also plan to buy 3-4 properties to offset income in the future. I hope asset can reach 3 million in 5 years and that...

Currently net worth just past $2mm. I plan to retire probably 2025. DH plans 2035

Congratulations! 2 million is my next goal. ?

Thanks so much for the detailed advice. This forum is so helpful to get advice and I learned a lot. In addition to Roth 401K, I am also considering buying investment properties. It is hard to get positive cash flow as the current house price is too high but may be a way to deal with inflation...

Thanks everyone! These are all helpful information! I am thinking whether I should switch 401K to Roth 401. Don’t know whether it will benefit to after tax asset. My current tax bracket is 24%.

Thanks! That is my concern: too much of asset is before Tax 401k. I anticipate tax will be much higher in the future as well as living cost as more and more people are using welfare. However, no solution for that. Buying properties can be risky with maintenance cost and also more laws...

Hello to everyone! Finally I found a place to share thoughts about retirement plans. I am 43 and DH is 39. Two kids in high school and elementary school. Both of us work for Mega corporations with almost same income end up $270k together. I plan to FIRE in 7-10 years and DH in 15 years...