Down 11% on taxable account. Planning on buying a house in the next 2.5-3 years. Should I sell or change strategies?


Hey guys need some advice. So here’s the background info: My taxable account is down roughly 11 percent. Hard to tell if equity prices will have time to recover because risk free rates are so high. My taxable account has most of my savings for a down payment on a home around 60k. I have another 20k in ibonds I’m about to redeem because they’re earning only about 3.5% rn. Another ~12k in cash for emergency fund in checking. I’m completely debt free. I live in a HCOL area in SoCal. I have a great 100 percent paid for pension AND 100 percent paid for annuity through work, and a Roth IRA I max out only buying VOO.

My taxable account is mostly individual stocks but nothing I would deem super risky. GOOGL, AMZN, MSFT, AAPL, KEY, PFE, TGT, SCHD, V. I understand no one has a crystal ball, but given my time frame is it worth just hanging on to these holdings and hoping they recover before then? Or would I be better off converting everything to VOO and writing off the loss on this years taxes, or taking advantage of current t bill yields? Also keep in mind I will have about 21k in I bonds I’m going to cash out because the yield isn’t great anymore in our current interest rate environment, and I need somewhere to park these funds. I get around 1.6k dividends a year with drip on, and also sell some covered calls when option prices are high and made around 1.3k this year doing that too. Any advice would be appreciated. Thanks.


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