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This week I exchanged a bunch of poor performing short term treasury and bond market index funds from my various retirement and brokerage accounts for more S&P 500 index funds which I'm already heavily invested. I'm sure the market will go down a bit more over the course of the next year, but there should be a nice payoff in the long run, especially once China starts to open back up after the first quarter of 2023 and COVID magically becomes less dangerous in that country. Plus, the quarterly dividends from the S&P 500 index funds have been so damn nice throughout the years and have provided us the money to buy my 2016 M235 with only a small loan, wife's 2020 4Runner for all cash, my 2011 Cayman fun car for all cash, and now are covering my daughter's club volleyball fees and travel costs all the while further cushioning our rainy day account.
I'm a super boring, simple, and somewhat conservative investor compared to most of you and I largely follow Warren Buffett's 15 Minute Retirement Plan and "The Little Book of Common Sense Investing".
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The forest was shrinking, but the Trees kept voting for the Axe, for the Axe was clever and convinced the Trees that because his handle was made of wood, he was one of them.
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