Looking for opinion. Beating SPY by a sizeable margin. Go risk on or off and let it ride?

So since March of 2021, I have my IRA up ~25%. Meanwhile SPY is up ~8%? I went short most of 2022 and made out pretty well ending just about flat.

I've been long since October, but since January been on the wrong foot as far as what sectors to be in. Was looking for recession to be pushed off and tech to come back down while "real" economy stocks recovered. They have pushed this recession play very far at this point. With tech at insane PEs with shrinking margins and falling revenues. I'm not on the "recession is happening or happening tomorrow" train so I wouldn't be surprised by an outsized move higher still.

I'm up this year but am about to throw in the towel and go JEPI/SCHD and maybe bonds. If you were up on SPY since March 2021 do you continue going risk on or just sit and watch it? I have no problem shorting the market through 3x bear ETFs if we pump to 500 or something.

submitted by /u/the_dalailama134
[link] [comments] https://www.reddit.com/r/stocks/comments/12ua27e/looking_for_opinion_beating_spy_by_a_sizeable/
Created 2y | Apr 21, 2023, 6:21:11 PM


Login to add comment

Other posts in this group

Rate My Portfolio - r/Stocks Quarterly Thread September 2023

Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.

Why quarterly? Public comp

Oct 21, 2023, 1:20:16 AM | reddit stocks
Tax planning when selling one stock to buy another stock?

When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to

Oct 18, 2023, 6:20:11 AM | reddit stocks
Retirement Planning's-3 stocks could help power your investment portfolio and make you wealthier by retirement.

Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec

Oct 18, 2023, 1:51:00 AM | reddit stocks
r/Stocks Daily Discussion Monday - Oct 16, 2023

These daily discussions run from Monday to Friday including during our themed posts.

Some helpful links:

Oct 18, 2023, 1:50:58 AM | reddit stocks
Discovery Financial Services (DFS). Any good ?

I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co

Oct 18, 2023, 1:50:56 AM | reddit stocks
Tax implications of selling one etf for a dividend etf?

Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g

Oct 18, 2023, 1:50:53 AM | reddit stocks
Crocs Stock Analysis (CROX)

Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate

Oct 18, 2023, 1:50:51 AM | reddit stocks