u/glimmergirl1
▲ 848 r/personalfinance
How do we not lose everything we have saved in next couple of years if we get a crash/recession (US)
New to investing here. We are 56F/53M middle class with a 3% mortgage we are only 5 years into and we live in a MHCOL area. We each have an IRA we started maxing out last year and both have 401k's thru work that we contribute to up to our employer match. 56F will also have a small pension after 65. Our investments are just now starting to get to a worthwile place - about 200k as of now and we do also have a 6 month emergency fund.
We were broke until about 10 years ago when we were finally able to start saving and investing towards retirement. so we have struggled to get what we currently have. However, we are limited in the years we have left before retirement so we are pretty worried about that nest egg. Also, Social Security in the US is not something we feel we can rely on so we are not planning on it and if it still exists when we qualify for retirement, that would be a bonus.
I heard that the stock market is inflated and we will probably have a crash. What is the best way to save that small nest egg we have built and not lose it? Do we move all our investments (most are with Fidelity) to overseas funds? Do more with Tech stocks or less (AI backlash is worrying me right now). We currently try to have a wide range of funds but most are in the "moderate" to "aggressive" categories seeing as we are down to 15-ish years before retirement which makes me nervous too. Should we move to safer funds? And which funds?
Everyone says invest and then just forget it until retirement and I was fine with that until just the last year and a half because of...current events in the US. Now I am losing sleep over this. I think we are in the worst spot to be in, not close enough to retirement to move out of risky investments but too close to retirement to just ignore it and let the market correct itself over a large period of time.
u/glimmergirl1 — 9 days ago
▲ 4 r/Berries
Do I cut these canes down?
I planted these last spring and they looked great all summer, grew like weeds from tiny home depot seedlings.. And this year they're coming up with new shoots, but the old canes are still there looking dead and dry.
The first picture is triple crown thornless, and the other one is baby cakes thornless. I researched, and you only cut the second year canes in the fall after fruiting on these. I expected them to green up this spring like my raspberries and they aren't so I didn't know if I should cut them down or not.
I'm in the Front Range of Colorado so pretty high altitude. We are in the middle of a drought. But I have drip water on them for a couple of months plus I watered off and on in the winter since we didn't get any snow. We did have several inches of rain and snow over the last week with plenty of sun too.
They are in a raised metal trough with a bottom so they dont spread but it does have drainage holes and there is a layer of rock on the metsl floor too, below my landscape fabric (cloth) and the dirt.
Newbie gardener so any advice is appreciated.
u/glimmergirl1 — 14 days ago
▲ 49 r/succulents
So proud of my Turtles!
I got this from a neighbor who was moving a few years ago, and I wasn't sure I'd be able to keep it alive. But i'm very, very proud of how it's turned out. It is in a west facing window that gets plenty of light after about 11 am and there is a grow lamp just above it to help out. I had no south facing windows with light. I also have my bedroom humidifier near it. It blooms every few months but I pinch them off. I guess that means its happy!
u/glimmergirl1 — 14 days ago