Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Good riddance, 2008.....
Old 01-01-2009, 09:06 AM   #1
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,612
Good riddance, 2008.....

...so sayeth Fidelity in calculating my 401K's "return" in 2008:



Yuck. Of course, it was down about 36% at one point...
__________________

__________________
"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
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 01-01-2009, 09:18 AM   #2
Thinks s/he gets paid by the post
Bikerdude's Avatar
 
Join Date: Jul 2006
Posts: 1,901
Quote:
Originally Posted by ziggy29 View Post
...so sayeth Fidelity in calculating my 401K's "return" in 2008:



Yuck. Of course, it was down about 36% at one point...

I started the year with a 50/50 allocation and I'm down 20% as of the close 12/31/2008. Now, what does 2009 have in store.:confused:
__________________

__________________
“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said” Alan Greenspan
Bikerdude is offline   Reply With Quote
Old 01-01-2009, 09:28 AM   #3
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,098
My end of year performance was a return of -16.45%. My worst ever, Previous worst was -11% in 2002.

According to the VG portfolio analyzer, for my mix of 40/50/10, the worst ever year was -18.0% (1931) so a bit of a recovery in the last quarter I think.

My other figures are:

Last year -16.45%
Last 3 years -0.6%
Last 5 years 2.7%
Last 10 years 3.0%
Last 14 years 8.9%

I only started recording the details from 1994 but you can see how 2 bears in 10 years hammers the returns, and this current one possibly has a ways to run yet.

All the best in 2009.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is online now   Reply With Quote
Old 01-01-2009, 09:51 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,032
-30% .Let's hope this year is better !
__________________
Moemg is offline   Reply With Quote
Old 01-01-2009, 10:00 AM   #5
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,041
The XIRR for my overall portfolio was -29% in 2008.
__________________
FIREd is online now   Reply With Quote
Old 01-01-2009, 10:35 AM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
TromboneAl's Avatar
 
Join Date: Jun 2006
Posts: 11,197
My rebalancing spreadsheet tells me that tomorrow I need to move $106,000 into stocks. That's a lot. The only question is whether I do it all at once, or in several.
__________________
Al
TromboneAl is offline   Reply With Quote
Old 01-01-2009, 10:39 AM   #7
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: 7,437
Quote:
Originally Posted by Alan View Post
My end of year performance was a return of -16.45%. My worst ever, Previous worst was -11% in 2002.

According to the VG portfolio analyzer, for my mix of 40/50/10, the worst ever year was -18.0% (1931) so a bit of a recovery in the last quarter I think.

My other figures are:

Last year -16.45%
Last 3 years -0.6%
Last 5 years 2.7%
Last 10 years 3.0%
Last 14 years 8.9%

I only started recording the details from 1994 but you can see how 2 bears in 10 years hammers the returns, and this current one possibly has a ways to run yet.

All the best in 2009.
You beat me. I was down just a little over 20% for 2008 with a 50/50 AA. But I'm moving forward. Even ditching my 'Born Loser' ID. Back to 'Full Time Golf Bum'. But if 2009 brings another 20% decline, back to 'Loser' status.
__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 01-01-2009, 10:47 AM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,405
For me, -26% in 2008. View another way, this sets me back to somewhere between 2004 and 2005, or something like 3.5 years.

Of course, it is a bit more complicated than that, since until this year, we still had some income from my part-time and freelance work, and were even able to have net savings sometimes.

Next year will be interesting for us. ER, here we come!
__________________
NW-Bound is offline   Reply With Quote
Old 01-01-2009, 11:03 AM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,408
-26% according to my Vanguard website - Target Retirement 2015 plus Norwegian widow stocks.

Hmmm - handgrenade and horsehoe wise about 4% SEC yield just eyeballing the dividends/interest.

Full auto - sometimes I have to sit on my hands when the urge to buy a few more dividend stocks hits.

heh heh heh - going into 16th yr of ER just going to 'force myself' to spend and not cut back 'too much' cause I'm not getting any younger. I am my own worst enemy when it comes to cheap.
__________________
unclemick is offline   Reply With Quote
Old 01-01-2009, 11:09 AM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,405
Quote:
Originally Posted by unclemick View Post
heh heh heh - going into 16th yr of ER just going to 'force myself' to spend and not cut back 'too much' cause I'm not getting any younger. I am my own worst enemy when it comes to cheap.
Buy, buy, buy.

Stocks AND bonds AND booze.

While keep cash? Truckloads will be dropped from helicopters.

Buy, buy, buy.
__________________
NW-Bound is offline   Reply With Quote
Old 01-01-2009, 11:11 AM   #11
Thinks s/he gets paid by the post
Goonie's Avatar
 
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,198
In the neighborhood of -28% YTD on investments. Fortunately my pension increased just north of 7%.....and is set to do about the same in 2009! So overall, I'm still sittin' purty!
__________________
Goonie is offline   Reply With Quote
Old 01-01-2009, 11:41 AM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,405
Buy, buy, buy.

Actually, it's easier said than done. I have been buying very slowly. Bought some yesterday, and made a bit of money already. Instant gratification. Will see if the gain holds tomorrow.

Despite tough talks, I am a chicken. Had I have guts to move more to stocks in 2003, I would have enough now to get that house on Bainbridge Island, across the bay from Seattle, with the view of the Space Needle. Something I always wanted. Up until recently, there were none on the market. Now there are, but my pocket is light.

No guts, no glory. Yep, that's my non-glorious life.

PS. Well, I did have guts, which were all expended in failing startups that I joined.
__________________
NW-Bound is offline   Reply With Quote
Old 01-01-2009, 11:53 AM   #13
Thinks s/he gets paid by the post
 
Join Date: Sep 2006
Posts: 1,318
Quicken says -27.89% on a 65/35 mix.

Back to 3/1/2006 levels including 35K annual contributions......
__________________
Corporateburnout is offline   Reply With Quote
Old 01-01-2009, 12:25 PM   #14
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
-38.8 % Thank god for pensions
__________________
Notmuchlonger is offline   Reply With Quote
Old 01-01-2009, 12:29 PM   #15
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: 42,101
-21.2%. SS starts in 41 days and that should give my bruised and battered nest egg a little relief.
__________________
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 01-01-2009, 01:16 PM   #16
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,098
Quote:
Originally Posted by Dawg54 View Post
You beat me. I was down just a little over 20% for 2008 with a 50/50 AA. But I'm moving forward. Even ditching my 'Born Loser' ID. Back to 'Full Time Golf Bum'. But if 2009 brings another 20% decline, back to 'Loser' status.
I noticed your new avatar even before I read the e-mail. I like the positive approach to '09
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is online now   Reply With Quote
Old 01-01-2009, 01:27 PM   #17
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,098
Quote:
Originally Posted by TromboneAl View Post
My rebalancing spreadsheet tells me that tomorrow I need to move $106,000 into stocks. That's a lot. The only question is whether I do it all at once, or in several.
My recent personal Wellesley returns are very poor and when I look I see that last year I did some TLH in December, buying $108,000 of Wellesley at $52.48/share. Bad timing, share price is now $44.57. In retrospect I should have kept the money in a MMF and DCA'ed over the year. C'est la vie
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is online now   Reply With Quote
Old 01-01-2009, 02:59 PM   #18
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Alan, I think Wellesley is trading around 85 bucks. Where did you see it in the 40's?
Maybe I'm wrong but last I looked it was much higher.
__________________
73ss454 is offline   Reply With Quote
Old 01-01-2009, 03:05 PM   #19
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: 42,101
Quote:
Originally Posted by 73ss454 View Post
Alan, I think Wellesley is trading around 85 bucks. Where did you see it in the 40's?
Maybe I'm wrong but last I looked it was much higher.
Must have been a while since you looked...

VANGUARD WELLESLEY INCOME ADMIRAL

Net Asset Value:44.57 Trade Time: Dec 31, 2008
__________________
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 01-01-2009, 03:08 PM   #20
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,098
Quote:
Originally Posted by REWahoo View Post
Must have been a while since you looked...

VANGUARD WELLESLEY INCOME ADMIRAL

Net Asset Value:44.57 Trade Time: Dec 31, 2008
Thanks - yes, it is Admiral funds that I was talking about.
__________________

__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is online now   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
Good news. Good story. calmloki Other topics 9 12-20-2007 08:15 PM
Really a good read here. Quite good today Friedman NYtimes. newguy88 Other topics 86 12-10-2007 05:26 PM
Good riddance to pensions Gone4Good FIRE and Money 19 01-17-2006 06:18 PM

 

 
All times are GMT -6. The time now is 11:34 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.