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Anybody else get kicked out of the club?
Old 05-01-2009, 04:33 AM   #1
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Anybody else get kicked out of the club?

What club you may ask?

"I lost a million dollars in the market club", of course.

I got close to losing membership at the end of March, but April brought me comfortable out of the club. I have never been so happy to be dumped in my life
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Old 05-01-2009, 04:58 AM   #2
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What club you may ask?

"I lost a million dollars in the market club", of course.

I got close to losing membership at the end of March, but April brought me comfortable out of the club. I have never been so happy to be dumped in my life
Things are looking up, but alas I am still a member of the club, if we are talking unrealized losses. Never was a member of the million plus realized losses club.

R
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Old 05-01-2009, 05:34 AM   #3
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I wish. I plan on retiring in 2 more years and will have a little over a half-mil......that plus a small pension will do it for me at 54.
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Old 05-01-2009, 08:22 AM   #4
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I was never in that club either (thank goodness!), but I share your joy in the market's partial recovery during the past two months!

Finally, it seems like we are making some progress. Let's hope that this year is not one to demonstrate the advisability of "Sell in May and go away".
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Old 05-01-2009, 08:34 AM   #5
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I was close for awhile, but I figure there is still a chance.
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Old 05-01-2009, 08:47 AM   #6
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You guys must not be very good at hedging your portfolios! I was almost $800,000 away from joining this awful sounding club.
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Old 05-01-2009, 09:01 AM   #7
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What club you may ask?

"I lost a million dollars in the market club", of course.

I got close to losing membership at the end of March, but April brought me comfortable out of the club. I have never been so happy to be dumped in my life
Don't stress; they may take you back before too long.

Ha
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Old 05-01-2009, 09:10 AM   #8
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What club you may ask?

"I lost a million dollars in the market club", of course.
Never had a million to lose, but 18 months ago I was a member of the "half million in investments" club. That membership was revoked last September.
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"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)

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Old 05-01-2009, 09:15 AM   #9
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Got over halfway there and decided that it was a membership I could pass on! Turned around and started to run as fast as I could to get away!
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Old 05-01-2009, 10:15 AM   #10
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Overall net worth was sorta kinda close...but strictly based on market investments? Someday in my wildest dreams...
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Old 05-01-2009, 10:28 AM   #11
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Maybe, depends on time frames. If you use the market high of Oct. 07, I'm out of the club. If you use my personal high of June 08, I'm still paying dues.
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Old 05-01-2009, 10:29 AM   #12
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What club you may ask?
"I lost a million dollars in the market club", of course.
I was a member of the "trying to hang on to a million dollars club". I hung on but barely....things are looking up now....
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Old 05-01-2009, 11:00 AM   #13
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You must have a really good portfolio amount to be able to lose $1M. OTOH, if we were to add the value of our home into the equation, I suppose some might have gotten closer than they think.
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Old 05-01-2009, 11:16 AM   #14
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So since this question has never been asked...


Should you include your home value in your net worth?


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Old 05-01-2009, 11:33 AM   #15
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Should you include your home value in your net worth?
Is it cheaper to rent or own?

Take SS now or wait?
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Old 05-01-2009, 12:19 PM   #16
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is it cheaper to rent or own?

Take ss now or wait?
4% swr ?
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Old 05-01-2009, 12:22 PM   #17
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Is it cheaper to rent or own?

Take SS now or wait?
Lump sum pension payout or annuitized income stream?

Pay off debt or invest?

Paper or plastic?

Ginger or Mary Ann?
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"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)
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Old 05-01-2009, 12:25 PM   #18
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Lump sum pension payout or annuitized income stream?

Pay off debt or invest?

Paper or plastic?

Ginger or Mary Ann?
Easy... Ginger AND Mary Ann!
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Old 05-01-2009, 01:02 PM   #19
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Easy... Ginger AND Mary Ann!
All right, then, I guess I should have said:

Ginger XOR Mary Ann?
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"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)
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Old 05-01-2009, 01:03 PM   #20
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Easy... Ginger AND Mary Ann!
In series or parallel? Or perpendicular?
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