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MBF

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36. financial advisors heads in sand

Sat Jan 18, 2025, 03:07 PM

Jan 2025

I'm having a similar experience. Financial advisors - majority of which identify as GOP btw (look at Twitter accounts with CFA designation; it's shocking, some are literally conspiracy theorists/election deniers). In any case, most seem to be running the same models (Monte Carlo simulations etc.) and they spout conventional wisdom. "It can't happen here" mentality. I'm not even sure treasuries and highly rated corporate bonds are safe bets any longer. "politics don't impact markets" is a common theme. It seems to be an American affliction and they haven't studied economic history, as far as I can tell. But so far after months of looking, I've not been successful in finding a financial advisor who takes political risks seriously.

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ProfessorGAC Emile

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I called my financial advisor yesterday. [View all] no_hypocrisy Jan 2025 OP

I'm in the midst of the same analysis PJMcK Jan 2025 #1

Thank you. I'm interested in your thoughts. no_hypocrisy Jan 2025 #2

I'm worried too. dem4decades Jan 2025 #3

i just moved around a bunch Arger68 Jan 2025 #4

In general, Trump's tariffs would be inflationary and increase interest rates. surfered Jan 2025 #5

I am looking at moving some holdings.... lastlib Jan 2025 #8

"tariffs inflationary and increase interest rates" ... Until they don't Bernardo de La Paz Jan 2025 #11

Agree. When we see deflationary pressure, I will begin going to longer maturities surfered Jan 2025 #15

Unless trump can convince his wealthy backers that the USA will be much better off in 4 years with tariffs bringing Silent Type Jan 2025 #6

Yep, I've been telling people to miss this upside ... it aint going to be big enough to chase and better to sit in bonds uponit7771 Jan 2025 #7

I have 3 stocks I'm in and the rest in short term treasuries. 58Sunliner Jan 2025 #9

Yesterday WmChris Jan 2025 #10

Bookmarking because I can barely make sense out of any of this stuff and must move from almost all money market to mahina Jan 2025 #12

Get a reliable financial advisor. no_hypocrisy Jan 2025 #13

Thank you. That has proved very difficult. mahina Jan 2025 #14

You're pretty safe investing in an S&P index fund flamingdem Jan 2025 #17

I think this is good advise Unwind Your Mind Jan 2025 #18

I'm curious to see whether a broader move to private equity will occur, and the impact on public markets lostnfound Jan 2025 #22

Private equity for the public is like leaving a steak on a counter for a month Bernardo de La Paz Jan 2025 #23

True. And then they get the repubs to bail them out flamingdem Jan 2025 #27

My fear is we won't be allowed to avoid it. Most 401k holders... lostnfound Jan 2025 #34

Many private equity ventures don't return money to the investor flamingdem Jan 2025 #25

I'm back to 60% equities / 40% bonds Shermann Jan 2025 #16

I've been watching my investments too. CaptainTruth Jan 2025 #19

Supposed to be a high volatility year flamingdem Jan 2025 #28

We are in a similar situation. But... ProudMNDemocrat Jan 2025 #20

Good job! I know it can sometimes be scary to have these Mike 03 Jan 2025 #21

On Nov 15 2024 Karma13612 Jan 2025 #24

If you can't risk that seems okay BUT flamingdem Jan 2025 #26

Yes, Karma13612 Jan 2025 #33

We did the same if..fish..had..wings Jan 2025 #29

My best friend died in Oct Marthe48 Jan 2025 #30

What will happen to international investments? AnnaLee Jan 2025 #31

I am tempted to just say... mercuryblues Jan 2025 #32

How about short-term (6-7 mo.) CD's? I'm old and want to keep things liquid in case either of us needs expensive care. albacore Jan 2025 #35

financial advisors heads in sand MBF Jan 2025 #36

Tend To Agree ProfessorGAC Jan 2025 #37

I'm in Greg_In_SF Jan 2025 #38