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gotta love those monthly statements
08-08-2008, 03:37 PM
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#1
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 79
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gotta love those monthly statements
another $16,000 lost this month!
when will it end?
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08-08-2008, 03:54 PM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Location: Boise
Posts: 7,882
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Eventually or never.
I'm voting for eventually.
2Cor521
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
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08-08-2008, 04:01 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,674
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 Quote:
another $16,000 lost this month!
when will it end?
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Maybe you ought to start spending it before it's all gone.
__________________
Part-Owner of Texas
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.
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08-08-2008, 04:03 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Apr 2006
Posts: 1,490
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better sell it all! now!! buy b3av3r ch33se!!!
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08-08-2008, 04:04 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Guess someone has an asset allocation they are not comfortable with 
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08-08-2008, 05:19 PM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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The market had such a nice week, though. And honestly, I didn't expect today's rebound. Maybe you gained back some of that $16K today. I just checked, and I have more money today than I have had on any other day in my entire life.
Of course, it is all on paper but it sure LOOKS nice! I thought I should buy something (anything?) to celebrate. In the spirit of LBYM, I considered buying a small plastic container to keep my coffee/decaf mixture in, but decided instead to re-use an old coffee can for the purpose. Old habits die hard. 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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08-08-2008, 05:24 PM
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#7
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gone traveling
Join Date: May 2008
Posts: 3,864
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08-08-2008, 05:28 PM
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#8
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
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Quote:
Originally Posted by Want2retire
I just checked, and I have more money today than I have had on any other day in my entire life.
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You have done better than most then. Market hasn't done squat over the last 8 years. Congrats on your investment choices. Or is it due to new money added?
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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08-08-2008, 05:32 PM
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#9
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
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Well I have to admit, I'm never happy with these kind of losses even if I have an allocation that is considered smart or prudent.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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08-08-2008, 05:46 PM
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#10
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by Dawg52
You have done better than most then. Market hasn't done squat over the last 8 years. Congrats on your investment choices. Or is it due to new money added?
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Oh, it's definitely due to my windfall, most of which was added on Valentine's Day (February 14th) and the remainder on Bastille Day (July 14th). It's definitely not due to any investing acumen. I am just learning. But hey, it's still nice to see my balance recover after the recent dips in the Dow, and come back higher than before. 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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08-08-2008, 07:21 PM
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#11
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Dryer sheet wannabe
Join Date: Mar 2007
Location: New Orleans
Posts: 20
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Quote:
Originally Posted by Want2retire
I just checked, and I have more money today than I have had on any other day in my entire life.
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Yep, me, too. And I have enough to last me for the rest of my life.
Provided I die next Thursday, that is...
__________________
Just because you're offended, doesn't mean you're right. - Ricky Gervais
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08-08-2008, 07:29 PM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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All the bad stuff is pretty much over. Its all fresh baked cookies and sunshine from here.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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08-08-2008, 07:37 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by want2xplore
Yep, me, too. And I have enough to last me for the rest of my life.
Provided I die next Thursday, that is... |
LOL!!! Well, I hope you don't die next Thursday. Glad to hear your accounts are doing well. It's a great feeling, isn't it?
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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08-08-2008, 07:37 PM
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#14
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,130
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__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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08-08-2008, 07:38 PM
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#15
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by cute fuzzy bunny
All the bad stuff is pretty much over. Its all fresh baked cookies and sunshine from here.
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Whee? er... I think it's fallen a wee bit short of that, but things are looking better than last week.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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08-08-2008, 07:47 PM
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#16
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Thinks s/he gets paid by the post
Join Date: Apr 2008
Posts: 2,024
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Quote:
Originally Posted by cute fuzzy bunny
All the bad stuff is pretty much over. Its all fresh baked cookies and sunshine from here.
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I think you forgot to add the Kool-Aid. Or maybe you didn't.
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08-08-2008, 07:51 PM
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#17
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Thinks s/he gets paid by the post
Join Date: Apr 2008
Posts: 2,024
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Quote:
Originally Posted by retiringat50
another $16,000 lost this month!
when will it end?
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Wasn't it you who mentioned losing $35,000 back in June (sorry to have reminded you if it is)? I got figure you have either a very high-risk portfolio or a very large sum sitting in your investments. Maybe both.
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08-09-2008, 05:00 AM
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#18
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 79
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yes it was $37,000 month of June
60stock/40bond
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08-09-2008, 06:14 AM
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#19
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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That is really tough!! Hang in there. The market is bound to recover eventually. Hope you don't need it soon. 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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08-09-2008, 08:07 AM
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#20
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Quote:
Originally Posted by statsman
I think you forgot to add the Kool-Aid. Or maybe you didn't.
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Hey, 3-4 weeks ago I said oil was going to drop and the dollar was going up.
Ta da!
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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