Hello,
I am in my late 20s with a good job, and my financials are in check (debt is under control, healthy 401K through current company, traditional and Roth IRAs using roll over from qualified plan of old company).
I received some bonus money and want to be able to time the next 5 years appropriately, such as, buying in on a dip with domestic policy changes, pullbacks, etc. I use this brokerage account as a savings account technically, and try to stay long in my positions for at very least 1 year. I also have a savings account that I plan to keep level with my brokerage account, to remain atleast 50% liquid with core savings. I keep a very close eye on the markets and have been loving my YTD returns so far (+13.88%) but so has everyone else. My brokerage account positions are below.
Balanced Fund MF - 40%
Biotech MF - 40% (awful knee jerk trade that I am liquidating the second I get out of the red and stop kicking myself)
S&P ETF - 15%
Aerospace and defense ETF - 5%
My question is: should I keep my new cash liquid until these hyped up policy changes take shape in 2018or get in now and ride it out long term? I don't want more risk than I already have (see biotech trade), but I want decent returns over the next few years.
Thoughts on a Materials ETF, Financial sector ETF, buy more or what I have, or a similar balanced fund? Open to suggestions.
Thanks!
Submitted March 10, 2017 at 12:34PM by pierogi_express http://ift.tt/2mJPoIJ
