Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 10-01-2009, 08:56 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: 9,039
Quote:
Originally Posted by Sevo View Post
whoopee! hang on. !
O'tay!!!!..............
__________________

__________________
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 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 10-02-2009, 03:34 PM   #22
Thinks s/he gets paid by the post
Spanky's Avatar
 
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,046
Quote:
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, 03:44 PM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,409
Quote:
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, 03:51 PM   #24
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,934
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.
__________________

__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R 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
"Free" Roller to Roth IRA? Gearhead Jim FIRE and Money 10 04-05-2009 08:14 PM
what a ride bongo2 Young Dreamers 5 10-15-2008 01:39 PM
At the top of the roller coaster mickeyd FIRE and Money 5 08-04-2007 08:00 PM
Roller Derby Girls Danny Other topics 12 11-14-2006 04:42 PM
Pimp my ride! cute fuzzy bunny FIRE and Money 70 06-28-2005 11:59 PM

 

 
All times are GMT -6. The time now is 02:36 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.