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I didn't say it... but great market lately!
02-19-2011, 10:28 AM
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#1
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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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I didn't say it... but great market lately!
I don't want to jinx anything. Honest. Do not fear. I'm not going to say "Whee!" .
BUT, I just wanted to mention that my portfolio was higher yesterday than I had ever imagined it could be. This market is taking my breath away and still seems to be headed up, up, up.
OK, now don't trip over each other as you rush out to sell... Just wanted to provide a fair warning with a decent lead time to all.
__________________
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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02-19-2011, 10:31 AM
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#2
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Full time employment: Posting here.
Join Date: Feb 2006
Posts: 599
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OMG, now you've gone and done it............SELL!!!!
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ER'ed from the new car business Feb 2008. I'm 47, she's 45. Two boys ages 15 and 13. DW is SAHM. I've got a part-time used car lot I w*ork at 3 hours a day that keeps me in beer money.....
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02-19-2011, 10:39 AM
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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: Jul 2006
Posts: 11,401
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SHHHH! W2R, don't jinx it now!
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02-19-2011, 10:44 AM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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Oh great.......now I'm going to all cash on Tuesday.
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02-19-2011, 10:48 AM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
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OUI !!!
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Al
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02-19-2011, 10:54 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,893
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Stay the course !!!!
__________________
Earning money is an action, saving money is a behavior, growing money takes a well diversified portfolio and the discipline to ignore market swings.
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02-19-2011, 11:01 AM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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I reported the OP as being completely irresponsible and disregarding the financial health and well being of millions of investors.
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Numbers is hard
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02-19-2011, 11:01 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Location: Pittsburgh, PA suburbs
Posts: 1,796
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Yes indeed! And I hope it continues. I am thinking that maybe I should do some selling and take some capital gains this year. And squirrel the proceeds in my emergency stash. Or take some (long overdue) really extravagant trip this fall!
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02-19-2011, 11:10 AM
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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: Jan 2006
Location: Rio Grande Valley
Posts: 38,145
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Quote:
Originally Posted by REWahoo
I reported the OP as being completely irresponsible and disregarding the financial health and well being of millions of investors.
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+1
Audrey
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Retired since summer 1999.
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02-19-2011, 11:13 AM
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#10
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Full time employment: Posting here.
Join Date: May 2008
Location: Lexington
Posts: 714
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Long term returns still have some catching up to do, so don't see a reason to sell anything yet...but we shall see at the end of this year, it is starting to get close to those long term averages. If it keeps going up at this pace through next year, I'll probably consider doing some major selling.
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02-19-2011, 11:17 AM
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#11
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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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__________________
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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02-19-2011, 11:19 AM
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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 2008
Posts: 12,657
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Oh go ahead W2R, Whee away!
I need to rebalance my Roth IRA.
Should have bought some before, but I was too chicken,
Now I need you to "Whee!" so I can start pickin'!
Amethyst
__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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02-19-2011, 11:22 AM
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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: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,037
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You'll find me watching from the very highest balcony.
There is no goring or injuries shown in this video.
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
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02-19-2011, 11:23 AM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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Being in the accumulation phase, I'm maintaining my desired asset reallocation by matching equity gains with investments in cash and GIC (CD) ladders. Not planning to sell anything.
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02-19-2011, 11:25 AM
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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: Feb 2011
Location: NC Triangle
Posts: 5,807
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Quote:
Originally Posted by plex
Long term returns still have some catching up to do, so don't see a reason to sell anything yet...but we shall see at the end of this year, it is starting to get close to those long term averages. If it keeps going up at this pace through next year, I'll probably consider doing some major selling.
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I've been doing some minor selling (every few weeks) since around December, and will continue to do so. Just a little bit (on the order of $1K or $2K) at a time. The memories of 2008 are still too fresh in my mind, I guess. So I hope I am selling on the way up, not the opposite.
But yes, I too hope the recent pattern remains.
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02-19-2011, 11:40 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Dec 2010
Location: USA
Posts: 1,050
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It has been a nice run and I hope it continues. I am remotely hoping for a slight stall or pull back so I can get my tax return and put it in a 529 for my son.
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02-19-2011, 11:44 AM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,327
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I already started bailing when I saw the "what does everyone think about margin" post a short while back. Now maybe I need a bigger bucket.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
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02-19-2011, 11:59 AM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2007
Posts: 5,596
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__________________
I purr therefore I am.
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02-19-2011, 12:31 PM
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#19
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Recycles dryer sheets
Join Date: Dec 2010
Posts: 230
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Got to be a good feeling for everyone in the class of 2011?
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02-19-2011, 12:45 PM
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#20
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Moderator Emeritus
Join Date: Feb 2004
Location: minnesota
Posts: 13,228
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****
__________________
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No more lawyer stuff, no more political stuff, so no more CYA
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