Good point.
Poik
joined 2 years ago
Yeah. Something doesn't add up. The worst dip of what you mention is the blue chip large cap, but the curve you posted looks like VTINX or the vanguard 2030-2040 target date funds, not any of the funds you listed.
Target date funds are also supposed to be set and forget, but this looks like the curve from Vanguards 2030 through at least 2040 target date funds.
The 2030 target fund is still down 8.8% since that date.
All target date funds through vanguard tanked that year unless you have 2060 or later as the target. 2030 lost 25% and hasn't yet recovered.
They likely were using a full retirement fund, like VTINX or Vanguard Target 2030 or something like that. All of them tanked in the end of 2021 up to target 2060. Even my shares in the Total Bond Index tanked then, and those are supposed to be as low risk as possible, literally.
Stop. The Vanguard retirement funds all did this if the target is before 2060. And those are invested in index funds by professionals. OP likely had the VTINX or a total bond fund, both of which did this that year and were recommended for during retirement. This is likely the more liquid portion of the portfolio, not the penny stock portion.
The close to retirement ones suffered that year. The 2030 target lost 25% in less than a year recently and hasn't recovered. Ironically, the high risk ones have been less risky during COVID than the low risk ones.
Check the vanguard target retirement income fund (vtinx) and other similar funds. There was a dip in 2021 that absolutely destroyed a number of retirements, my patents included, despite being low risk options. Total bond index funds also suffered for some reason, and those are as low risk as you can get. Every other fund I have is doing great, but the ones that are supposed to be safe are not doing great.
But did Das Boo Schitt get a Michael Bay adaptation? Also... Why does Michael Bay own the rights to skibidi toilet now? What timeline did I wake up in?
Yeah, but I don't think they'll keep it unless it turns a profit. Meta as a whole will always have ads which literally print money for free, but they'll Google the VR line as soon as their lizard overlord gets bored of the metaverse idea. Maybe they'll sell it instead of close it like Google always does, actually... That would be nice.
I am being somewhat exaggerative with word choices.
Not sure. I'm guessing interest rate stuff will mess with anything with bond holdings, so that probably had stuff to do with it. Other than that.. I don't know if I can convey a big enough shrug in text form.