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A comment on S&P 500 triggers 15-minute trading halt for the second time this week. Parent comment

Re:S&P 500 triggers 15-minute trading halt for the second ti... by bluGill on Thursday March 12, 2020 @10:07AM (#22556986)
You should have been buying bonds in larger amounts over the past years. Any target date retirement plan is doing that for you, because you are targeting a % of your portfolio in bonds/stocks you are probably buying more stocks than bonds now to get into balance. If you are self managed and haven't been doing that - well too bad, delay your retirement.

Note that even if you are retired you should still have some stocks as a hedge against your retirement having more than a year left before you die.

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Re:S&P 500 triggers 15-minute trading halt for the second ti... by darkwater on Thursday March 12, 2020 @10:12AM (#22557037)
Well personally I'm not going to retire tomorrow but in my specific case I do have a retirement plan which buys from an allegedly vast portfolio and yet right now, after almost 10 years, if I take into account commission fees I own like 10% less of what I put into it. So at least in this case, putting my savings under a mattress would have been a better option.
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Re:S&P 500 triggers 15-minute trading halt for the second ti... by bluGill on Thursday March 12, 2020 @11:02AM (#22557569)
There are some bad plans. Demand your HR department give you better options.
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Re:S&P 500 triggers 15-minute trading halt for the second ti... by jfk13 on Thursday March 12, 2020 @11:40AM (#22557964)
Trouble is, it's easy to identify the bad plans in hindsight. Reliably predicting which plans will be good for the next few decades and which will be bad may not be so easy.
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Re:S&P 500 triggers 15-minute trading halt for the second ti... by bluGill on Friday March 13, 2020 @07:52AM (#22566528)
If you didn't choose a good plan that is on you. If a good plan wasn't an option you should complain. Most big companies had good plans. Fidelity's target date plan have been good, so why are those not an option?
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