Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 10-01-2009, 07:56 PM   #21
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: 8,968
Originally Posted by Sevo View Post
whoopee! hang on. !

There's no need to complicate, our time is short..
bbbamI 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 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 10-02-2009, 02:34 PM   #22
Thinks s/he gets paid by the post
Spanky's Avatar
Join Date: Dec 2004
Location: Minneapolis
Posts: 3,946
Originally Posted by Ed_The_Gypsy View Post
If this is your retirement pot, stop reading the newspapers and stop watching the news. "Don't just do something, stand there."

I am serious.

I have not backed out of stocks, and my IRA is up about 40% since Feb, even after I had to take money out (out of work). If you like your asset allocation, stick with it or rebalance to what is was a year ago or so.

You haven't lost anything until you sell it.
That sounds like a sound advice. Divide your investments into 3 buckets - one ultra safe investments to fund 7 years of expense, another one for moderate investments (i.e., mixture of conservative stocks and intermediate bonds) for a duration of 7 years, and the final one for risky investments, i.e., REIT, commodities, private equity, emerging market funds, etc. With this approach, you can ignore short-term ups and downs.

May we live in peace and harmony and be free from all human sufferings.
Spanky is offline   Reply With Quote
Old 10-02-2009, 02:44 PM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,324
Originally Posted by REWahoo View Post
I'd add one thing to what Ed said: get a hobby.
1. Saint's are still winning.

2. The Market will fluctuate.

heh heh heh - I think that's a yes vote. Meanwhile I'm balanced index - stay the course.
unclemick is offline   Reply With Quote
Old 10-02-2009, 02:51 PM   #24
W2R's Avatar
Join Date: Jan 2007
Location: New Orleans
Posts: 34,854
Yesterday my taxable account, to which I have neither added nor removed any money for months, was MORE than it was three weeks prior.

It would be unrealistic to expect that we could have a run-up like the last one, for more than six month without it coughing a bit and backing up three weeks.

"You can never cross the ocean until you have the courage to lose sight of the shore." - - - C. Columbus
W2R is offline   Reply With Quote

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
"Free" Roller to Roth IRA? Gearhead Jim FIRE and Money 10 04-05-2009 07:14 PM
what a ride bongo2 Young Dreamers 5 10-15-2008 12:39 PM
At the top of the roller coaster mickeyd FIRE and Money 5 08-04-2007 07:00 PM
Roller Derby Girls Danny Other topics 12 11-14-2006 03:42 PM
Pimp my ride! cute fuzzy bunny FIRE and Money 70 06-28-2005 10:59 PM


All times are GMT -6. The time now is 02:34 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.