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Que pasa?
Old 08-04-2008, 05:25 PM   #1
Confused about dryer sheets
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Que pasa?

Hello, I'm mark in Texas. I'm a money nut. I like reading the Journal, listening to Marketplace and watching the NBR. All in one day! So lately, my focus has been on retirement portfolios. Mine ain't doin too hot, I think that's the general consensus. I am very curious how others are reacting to the latest crisis.

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Old 08-04-2008, 05:50 PM   #2
Recycles dryer sheets
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Welcome! By now you have probably roamed the different threads and you will see a mix of reactions.....seems the majority here are staying the course. Fire and Money has several discussions you might be interested in.

Now if I was just a bit handier with this silly computer stuff I would reference a couple of threads but I'm not. Someone will surely help you out though!

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Old 08-04-2008, 09:56 PM   #3
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welcome to the board. My view is that reacting to the current crisis could do more harm than good in the long term, so I am just turning off the TV and staying the course. I try to only worry about the things I can control (fees, commissions, taxes, asset allocation, etc...) and let Mr. Market do its thing.
42 y/o, married, retirement portfolio = 43 x annual expenses
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Old 08-05-2008, 07:27 AM   #4
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My attitude is ignore the chatter (I don't even have a TV) and keep piling the cash into the market. Now if I was already retired, I'd be more nervous, of course, but I subscribe to the notion of cash buckets like many of our retirees here.
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way

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Old 08-05-2008, 11:42 AM   #5
Give me a museum and I'll fill it. (Picasso)
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As I have all my income needs covered with a reasonable margin by distributions from securities, typically fluctuations in market behavior wouldn't hurt me. An extreme business or national failure could, and my own investment misjudgments could if I made enough bad choices.

Otherwise my risks are more from non-financial areas of life, somehwat similar to someone with a good pension.

Nevertheless, market distress can always make me question myself. I think it is just human nature.

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Old 08-05-2008, 02:06 PM   #6
Confused about dryer sheets
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Thank yall for the warm welcome
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Old 08-05-2008, 02:18 PM   #7
Give me a museum and I'll fill it. (Picasso)
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My retirement accounts are going great! I'm getting 25% more stock for my money these days than I was this time last year.

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