On hindsight, Mrs 15HWW’s foray into tech stocks in early 2021 marked the market top. Some of her purchases like Alibaba, Square, ARKG and Roblox have soured badly. She is down by at least 50% for most of these positions and now, she is keen to relinquish control of this satellite portfolio.
Instead of allowing her to quit entirely, I think it is more useful to double down and learn from this lesson. Afterall, if something untoward happens to me, Mrs 15HWW has to be ready to assume the role of CFO for the household.
I guess the silver lining is that she went in with “play money” and her capital was about a thousand bucks for each position. And she found out her risk or volatility tolerance the hard way.
So perhaps defensive ETFs would be the way to go for her. Granted, the best time to have bought them was probably in 2020 when they were “unloved”....