Fed rate decision and my portfolio - feeling a bit shaky with recent moves
- •Okay, so that Fed rate decision yesterday, ugh.
- •I know it was expected, but seeing those numbers tick up still gives me pause.
- •I've been pretty heavy into tech for years, especially while I was still working over in SoMa, and the portfolio was looking great.
Okay, so that Fed rate decision yesterday, ugh. I know it was expected, but seeing those numbers tick up still gives me pause. I've been pretty heavy into tech for years, especially while I was still working over in SoMa, and the portfolio was looking great. But after stepping back a bit earlier this year, I started really thinking about diversification beyond just fancy SaaS startups. That's why I poured about 20% of my ~400k into a Gold IRA, thinking it would act as a nice hedge against inflation and general market wobbles.
Now, with interest rates climbing, there's always that worry about gold losing some of its shine. I remember everyone saying how gold hates higher rates because bonds become more attractive. Is anyone else feeling this tension? I mean, I'm not planning on liquidating anything anytime soon – this is a long-term play for me, thinking about retirement in the next 15-20 years. But it still makes you second-guess, you know? Especially after months of navigating this volatile market. I'm trying to stick to the plan but FOMO and FUD are real.
I've been using tools like that "Retirement Planner" at https://retire.goldirablueprint.com/?forum to model scenarios, especially given my gold allocation, and it's been helpful for visualizing how different market conditions could impact things. It's just hard to trust those models completely when the real world keeps throwing curveballs. For those of you with significant gold allocations, how are you feeling about the recent Fed moves? Are you just holding steady, or are you considering any adjustments?