Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 01-02-2009, 04:25 PM   #21
Thinks s/he gets paid by the post
 
Join Date: Sep 2006
Posts: 1,318
NW -15.25% Overall portfolio -27.89%

401 and IRA contributions as well as the mortgage reduction are the difference.

Should recover to end of 2007 levels in 2 years if market returns average 5%.
__________________

__________________
Corporateburnout is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-02-2009, 04:35 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
freebird5825's Avatar
 
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,017
Income increased with 5.8% COLA, making the survivor pension a much higher "breadwinner" than the TSP-turned-annuity. No surprises there, all going according to plan.
2008 overall portfolio change -24.7 %, a bump in my FIRE highway, but I'm still not blinking.
No radical change in my home value. I still have 100% equity with no plans to move. The local housing market was not affected by national dropoffs, because there never was a bubble here in East Nowhere NY.
Years to recover? As long as it takes. I plan to continue the bonds = age rule, keeping a 50/50 AA +- 5%, and let things continue exactly as I planned before. A simple plan works fine.
__________________

__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
freebird5825 is offline   Reply With Quote
Old 01-02-2009, 04:44 PM   #23
Full time employment: Posting here.
Frugality_of_Apathy's Avatar
 
Join Date: Jul 2008
Posts: 622
My net worth change in 2008 was +50%

Though my net worth wasn't that high in December 2007
__________________
Frugality_of_Apathy is offline   Reply With Quote
Old 01-02-2009, 04:54 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
DH worked last year, so we continued to save. We are down 9.62%. As to when it will get better...I don't have a clue....
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 01-02-2009, 04:57 PM   #25
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,074
Quote:
Originally Posted by bbbamI View Post
As to when it will get better...I don't have a clue....
I'm not sure whether this is good news or bad news, but it already has gotten better. The S&P 500 is up ~24% from the November low.
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 01-02-2009, 05:01 PM   #26
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
Quote:
Originally Posted by REWahoo View Post
I'm not sure whether this is good news or bad news, but it already has gotten better. The S&P 500 is up ~24% from the November low.

Wow. Sure doesn't seem like it.
__________________
Notmuchlonger is offline   Reply With Quote
Old 01-02-2009, 05:02 PM   #27
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,967
Net worth down 19.2%, but I'm still working and my AA is probably more aggressive than most of the FIRE/SIRE crowd. History suggests projecting how long it will take to "recover" our NW is a waste of time - anything from 1 to 15 years or maybe never. But I'm still sleeping like a baby every night. Been here before, and will be here again.

Anyone who invested aggressively and thought a year like 2008 couldn't happen - has unfortunately learned a hard (but entirely predictable) lesson. 2009 could be as bad or worse...but hopefully we'll stabilize.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is online now   Reply With Quote
Old 01-02-2009, 05:10 PM   #28
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
Quote:
Originally Posted by REWahoo View Post
I'm not sure whether this is good news or bad news, but it already has gotten better. The S&P 500 is up ~24% from the November low.
Yeah, I guess it is kind of good news. For instance, I update our financial spreadsheet once a month. Last month we were down only $5k instead of five figures from earlier updates.....
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 01-02-2009, 05:11 PM   #29
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,380
Quote:
Originally Posted by clifp View Post
Ye of little faith. S&P +28 Dow +258 today, there are a twenty more trading days left in Jan, so we could easily erase 2088, with the Jan effect.

Waiting for my end of year statement to do my calculations, but I am liking 2009 so far.
Ha-for sure! I'm up $40,000+ today. Won't take too many more until I am well. But one swallow doesn't make a spring, does it?

BTW, when I said-"It may never [recover]"-I didn't mean the markets, I meant my own retirement. As we all know the unceasing drag of living expenses can sink one's porfolio even as market averages recover.

ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 01-02-2009, 07:48 PM   #30
Recycles dryer sheets
 
Join Date: Aug 2008
Posts: 152
Net worth down 10%, investments down 13%. Part-time consulting accounts for the difference. Also, got lucky -- starting building up cash in fall 2007 -- started DCA'ing back into stocks in late Oct.

House not included -- prices stable here.
__________________
FurBall is offline   Reply With Quote
Old 01-02-2009, 07:51 PM   #31
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,612
Quote:
Originally Posted by Notmuchlonger View Post
Wow. Sure doesn't seem like it.
Mostly because if you start at $1000, drop 48% and then come back 24% from the low, you still have (1000 * 0.52 * 1.24) = $644 -- still down 35.6% from the high. The problem is that if you lose X%, you have to come back a lot more than X% to get back to flatline.

In any event, it's nice to see some GREEN year-to-date numbers.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 01-02-2009, 08:10 PM   #32
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,397
Quote:
Originally Posted by ziggy29 View Post
In any event, it's nice to see some GREEN year-to-date numbers.
Well, the year is young, but ...

At close today (1/2/2009),

MF portion at 18% of portfolio, up 2.6%
Stock portion at 31% of portfolio, up 4.6%
MM + I-bond at 51% of portfolio, up 0%

Total : Up 1.9% while DJ up 2.9%, NASDAQ up 3.5%, SP500 up 3.2%.

Is it time to go full-bore from "fear mode" to "greed mode" yet?

PS. In case someone was thinking that I was reporting 2008 gains/losses, I was listing today's return (Year-to-date return !), not 2008 return that was -26% for me.
__________________
NW-Bound is offline   Reply With Quote
Old 01-02-2009, 08:32 PM   #33
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 7,432
Portfolio down roughly 20%. Really a pisser. Have no idea if I will ever recoup it all.
__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 01-02-2009, 08:59 PM   #34
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,397
Quote:
Originally Posted by Dawg54 View Post
Portfolio down roughly 20%. Really a pisser. Have no idea if I will ever recoup it all.
Look, S&P500's up 3.2% today. How many days like today does it take for you to get your 20%? Take some meds, and cheer up.
__________________
NW-Bound is offline   Reply With Quote
Old 01-02-2009, 09:11 PM   #35
Full time employment: Posting here.
Frugality_of_Apathy's Avatar
 
Join Date: Jul 2008
Posts: 622
A drop of 20% requires an increase of 30% within the year to break even with inflation.
__________________
Frugality_of_Apathy is offline   Reply With Quote
Old 01-02-2009, 09:18 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,380
Quote:
Originally Posted by Frugality_of_Apathy View Post
A drop of 20% requires an increase of 30% within the year to break even with inflation.
This is assuming 5% inflation. Any reason for choosing that amount? With no inflation, a 25% gain would make him flat.

Btw, his drawdown is not unusually large, very likely he will recoup it before long. A person must accept drawdowns if he invests in anything other than short term treasuries and CDs. And, since you introduced inflation into the equation, there are no "safe" investments available at this time which would even break even with 5% inflation.

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 01-02-2009, 10:16 PM   #37
Full time employment: Posting here.
Frugality_of_Apathy's Avatar
 
Join Date: Jul 2008
Posts: 622
It's actually 4% inflation.

100 * .8 * 1.3 = 104

And we've been averaging higher than 4% this whole year.
__________________
Frugality_of_Apathy is offline   Reply With Quote
Old 01-02-2009, 11:21 PM   #38
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,380
Quote:
Originally Posted by Frugality_of_Apathy View Post
It's actually 4% inflation.

100 * .8 * 1.3 = 104

And we've been averaging higher than 4% this whole year.
Well, it's you against the market. The rates being forecasted by t-bonds and tips are very much lower than this.

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 01-02-2009, 11:29 PM   #39
Full time employment: Posting here.
Frugality_of_Apathy's Avatar
 
Join Date: Jul 2008
Posts: 622
Quote:
Originally Posted by haha View Post
Well, it's you against the market. The rates being forecasted by t-bonds and tips are very much lower than this.

Ha
I'm getting a guaranteed 6.5% return on my investments at the moment. (the old mortgage or market debate)

Oh and by "we've been averaging over 4% all year" I was referring to the CPI inflation rate not my market returns which are actually -6% at the moment.
__________________
Frugality_of_Apathy is offline   Reply With Quote
Old 01-03-2009, 06:09 AM   #40
Recycles dryer sheets
gryffindor's Avatar
 
Join Date: Mar 2008
Posts: 51
Last five year returns
2008 -20.8%
2007 14.3%
2006 13.9%
2005 11.9%
2004 19.2%
Total 5 year 2.6%, due to lots of adding of money in last few years, so more recent returns count more.

Net worth up by 3% due to new money in
__________________

__________________
Gryffindor
gryffindor is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
2008 Income Taxes - Use Cap Loss chinaco FIRE and Money 4 11-22-2008 04:35 AM
Hi, my net worth Gazingus Hi, I am... 21 01-11-2008 05:12 PM
Net Worth 2007 wabmester FIRE and Money 58 01-07-2007 12:18 PM
net worth poll wstu32 Young Dreamers 12 01-11-2006 05:59 PM
Net worth sunrunner4@hotmail.com Life after FIRE 23 08-11-2004 12:23 PM

 

 
All times are GMT -6. The time now is 12:34 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.