I don't think traditional retirement savings is going to work

I'm up almost 19% year to date and 13% over the last year in my tech and medical tech fund. By comparison the fund it's self is -7% for the last 365 days and only up 11% since the start of 2020.
So that's the advantage of running from large cap and hiding in bonds when the market takes a dump.
I think July has had most of its gains for the year, I'm about to change over into bonds again.
Last time I was up nearly 20% it was an election year, I didn't quit while I was ahead and ended up losing about half of those gains.

 

I locked in my gains and put it all in a T bill fund.
T bills have been killing it this year.
The market will probably go up some more but I'm locking in my nearly 19% gained for 2020.
If I put it in a cash fund that makes about 0% per year and leave it there this will be my best or second best year since 1999.

If the market does take a dump around election time I buy back in after the market had bottomed and make another 5% by the end of the year and maybe have another 15% to 20% for 2021.

 

The T bill fund is up half a percent already and with my contributions going into the Maga fund it's made a little so I'm at 20.50% for 2020.
If I could do this every year I might be able to retire.

 

Due to the china virus relief bill you are able to withdraw from your 401k pr roth and repay the tax hit over 3 years.
I am highly tempted to raid it and put it into my fold since the government has only demonstrated their willingness to further lockdown, restrict and sabotage what you can do with it or how fast you can grow your own money.

 

Also I think the stock market has leveled off. Stock market people saw the democrats convention and are like oh Jesus TF christ...
I sold stocks about a month ago, so a little early, but I wanted to lock in my 20.5 to 21% for 2020.
I can call the bottom a little better than I can call the top.

 

That didn't take long.

 

I figure if the current crop of people remain in power they will confiscate all of our 401k and redistribute them in the name of equity.

 

That's why I emptied it out.

 

Im trying the same here , Called RRSP
Sloth