[USER]

I’m not touching my portfolio but I think I’m bracing myself for what might happen this week in the markets. My rollover Ira has 56% in domestic stocks , 12 % foreign stocks.

Because of what’s happening in the Middle East is it more likely that the domestic stocks would decline or foreign positions or just everything suffers?

[Ron]

Trying to predict the market on a day to day, week to week, month to month or year to year is a purely phyrric exercise as you can see by the market open this morning.

Stop doing it and look at 15-50 year timeframes for your long term money.

[Jeff]

When do you plan to start withdrawing money to fund your retirement?

[Jack]

If you’re in accumulation just hold stocks and let it ride. If you’re in or close to retirement, design a portfolio that is agnostic to geopolitical events and market moves.

[Kent]

The downside of a portfolio like this is you’re going to be tempted to monkey with it continuously — based on events you imagine might happen.

[Rick]

Israel Iran
Israel Gaza
Rampant inflation

Worst bond market in history
Multiple banks evaporated
Global supply chains fubared
Russia Ukraine

Oil goes negative per barrel
Whuhan whoops

It has been a wild last five years. Filled with reminders that markets so often react so very differently than most people expect.

So, with that in mind, it seems quite possible the stocks scream higher. While we expect something different.

[Greg]

When are you retiring? It’s all noise unless you are looking at less than a year.

[Charlotte]

Short term it’s a wild ride. Long term it’s an incredible wealth building tool.

Stop checking your portfolio if you will be tempted to make emotional decisions based on current events.

[John]

Keep in mind the USA is far from the field of battle. Most foreign nations are closer to actual combat and more subject to the stress that brings.

For the US economy, it’s “business as usual.” Or maybe not.

It’s all guesswork, and you’d be chasing shadows.

[Sarah]

There will likely be some volatility in the short term, but remember that the stock market performs well long term.

I would stop looking at your accounts for now.

Put a reminder on your calendar to check them 2 months from now.

[Susan]

So, this just popped up on my feed. Markets have been closed for several hours. Markets all up, futures for tomorrow all up.

It’s why you don’t pay attention to day by day nice, look at the long term picture.

[Author]

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