[rufus_foreman]

>> Given the fed reversal, it's looking pretty clear that stocks will fall quite a bit further

It sounds like you have information that isn't already priced into the market. That's awesome. You can get rich.

[01100011]

Yes I appreciate the snark and understand what I'm saying is going to be like water off a duck's back to the average boglehead.

It's being priced in over time. The market doesn't immediately price in future events. We've only rolled back the last 2-4 months of gains so far.

I've already reacted accordingly. There's a lucky Boglehead or stonks investor who was happy to catch the falling knife when I sold. I feel sorry for them but what can you do? People want to believe simple market themes and not look at the driving forces. I'll go back to buy and hold in 6-12 months depending on the fed.

[sydthrowaway]

What percentage of your portfolio did you sell?

[01100011]

About half, although that was mostly RSUs from my high growth tech job which was sure to get hammered by the rate hikes(and boy has it been hammered).

I'd sell more but a lot of it was already in dividend paying stocks like Kraft Heinz which are doing ok and should weather the storm a bit better.