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Old 11-22-2007, 01:05 PM   #21
Paully
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"Spidey Sense"

Your "spidey sense" was right. We should all have went to cash on October 30th. The problem we have is -- when does our "spidey sense" tell us to buy back in. Stay the course.
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Old 11-22-2007, 03:22 PM   #22
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I don't track over specific periods during the year. I just updated my records using today's prices after reading this thread and ytd ROI is 4.7%. I have a 40% stake in stock funds, 50% bonds, 10% cash.
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Old 11-22-2007, 03:40 PM   #23
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Lots of "stay the course" articles are suddenly appearing for some reason.

Here's one from Larry Swedroe:

Of Blind Squirrels and Flying Pigs: The Fallacy of Market Predictions - Seeking Alpha
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Old 11-22-2007, 04:06 PM   #24
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Quote:
Originally Posted by ziggy29 View Post
At least on paper, I've lost a full year of projected retirement income in the last three weeks. This market is simply horrible.
I hate it when I'm right and don't listen. Someone talk me off the ledge, please?
Quote:
Originally Posted by Spanky View Post
Don't feel too bad. We have lost two years of estimated living expenses (in paper) since 10/31.
On paper, I am down 3 years of basic estimated living expenses with about 85% in equities. I would not mind if I were in the accumulation stage, but I am in the distribution phase.

Hope any recovery does not happen until about mid Jan 2008 or later. Still converting TIRAs to RIRAs with about $150k slated for conversion in 2008. Prefer the value to remain deflated until after the conversion so more shares can be converted.

Quote:
Originally Posted by unclemick View Post
Wellll - I made a bad decision on stocks once -
Mick, wish I could say I made only a bad decision only ONCE.
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Old 11-22-2007, 10:41 PM   #25
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Originally Posted by packrat44 View Post
Mick, wish I could say I made only a bad decision only ONCE.
Hmmm - some people count staying the course as a decision(I can go either way). It was of some interest that my portfolio was down more in $ at points in 2002 and 2003 than I retired with in jan 93. Those Vanguard computers rebalanced their little balanced index hearts out.

- I watch Micheal Jordan ads with interest and make jokes about men in white underwear.

heh heh heh - stay the course, rebalance, hold your preselected asset allocation - staying calm is optional.
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Old 11-23-2007, 08:16 PM   #26
dmpi
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If your spidey prediction turned out wrong, would you have bothered to make a thread telling everyone you were wrong? I don't think so, rather you would have forgotton you even made this prediction. That's the problem here. You remember your good predictions and forget the ones that were wrong. Best to just stay the course
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Old 11-23-2007, 08:26 PM   #27
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If your spidey prediction turned out wrong, would you have bothered to make a thread telling everyone you were wrong?
Maybe we need an "I'm so pleased with myself!" thread?
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Old 11-23-2007, 08:33 PM   #28
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Maybe we need an "I'm so pleased with myself!" thread?
Don't you mean "we need yet another 'Im so pleased with myself' thread?"
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Old 11-23-2007, 08:46 PM   #29
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Lol!
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Old 11-23-2007, 08:50 PM   #30
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We should stay the course?
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