So with all the concern and market reaction to trade wars, I have been sitting back and watching a steady decline in the market just as everyone else has. As i do see the long term it becoming beneficial to us, the current term (2019) I foresee a downward decrease in the market for the rest of the year.
With that being said, I am still at the point of double digit returns for the year and would like to protect / lock them in. My current thought is to move all 401K that is in stocks into government treasury bonds. This will remove me from the market fluctuation to an extent, good or bad. My theory behind this is if I continue to play this 'game' of riding market trends upward and then securing and getting back in when market stables, what are some unforeseen issues I may have? I recognize that I will potentially miss out on a good trend potentially but at 31 years old, I see plenty of time ahead in life that if I start piggy backing double digit returns back to back (granted based on market performance) it will solidify myself a little more secure than just some one riding the waves?
I am self teaching myself through the 401k and stock market as I do not have very many older folks who understand it as it is not pertinent to them and most of my generation ether doesn't know a single thing or doesn't enroll into one. Just looking for some feedback and thoughts on my potential moves as to what could happen or other options that may be out there.
Also if any one knows of any good podcasts or books to read I would appreciate the suggestions. My new thing is during tournaments instead of talking to myself in my head the whole 8 hours, listen to podcasts and learn while enjoying the fishing!