Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 10-13-2012, 05:12 PM   #41
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Quote:
Originally Posted by haha View Post
Or more to the point, prostitutes.
I still think they should name a breakfast cereal "prostituties".
__________________

__________________
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.
cute fuzzy bunny 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 10-13-2012, 05:14 PM   #42
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2005
Posts: 5,408
your not really paying them for sex. your really paying them to go home after the sex ha ha ha..

thats what i told my wife when she asked me why our former governor elliot spitzer paid for sex .
__________________

__________________
mathjak107 is offline   Reply With Quote
Old 10-14-2012, 11:35 PM   #43
Recycles dryer sheets
 
Join Date: Mar 2006
Posts: 247
There's a saying "If it flies, floats, or f***s, it's cheaper to rent than to own".
__________________
Surfdaddy is offline   Reply With Quote
Old 10-15-2012, 09:55 AM   #44
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Quote:
Originally Posted by Surfdaddy View Post
There's a saying "If it flies, floats, or f***s, it's cheaper to rent than to own".
There is also "Buy appreciating assets and rent depreciating ones".
__________________
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.
cute fuzzy bunny is offline   Reply With Quote
Old 10-15-2012, 01:23 PM   #45
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
easysurfer's Avatar
 
Join Date: Jun 2008
Posts: 7,884
Quote:
Originally Posted by mathjak107 View Post
your not really paying them for sex. your really paying them to go home after the sex ha ha ha..

thats what i told my wife when she asked me why our former governor elliot spitzer paid for sex .
Not sure how the topic ended up moving to talking about governor spitzer.

Anyhow...here's a story in the news...

Looks like the client list is varied:

Zumba Prostitution Ring Case: Officials Might Release Names - Yahoo!

I bet a lot of her johns are sweating it out (and not in a Yoga way) at the moment .
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
easysurfer is online now   Reply With Quote
Old 10-15-2012, 03:53 PM   #46
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Quote:
Originally Posted by easysurfer View Post
Not sure how the topic ended up moving to talking about governor spitzer.
There really isnt any reason necessary for sudden changes in topic, regardless of how uncorrelated...
__________________
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.
cute fuzzy bunny is offline   Reply With Quote
Old 10-15-2012, 05:30 PM   #47
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2005
Posts: 5,408
lets see whats more interesting , index funds or sex... let me think....


to bad food wasnt a choice ,that would be a no brainer.
__________________
mathjak107 is offline   Reply With Quote
Old 10-15-2012, 05:31 PM   #48
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2005
Posts: 5,408
Quote:
Originally Posted by cute fuzzy bunny View Post
I still think they should name a breakfast cereal "prostituties".

how about ho-eos. ha h ha
__________________
mathjak107 is offline   Reply With Quote
Old 10-15-2012, 06:50 PM   #49
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
Quote:
Originally Posted by mathjak107

how about ho-eos. ha h ha
Big G, little ho, go with Cheerihoes...
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Old 10-16-2012, 09:36 PM   #50
Full time employment: Posting here.
 
Join Date: Oct 2012
Location: Reno
Posts: 555
I read, quickly, all the responses.
1) When I was your age until late 40's I used a fairly simply allocation model between different equity sectors, with a small allocation to bonds and rebalanced either once or twice a year. The early re-balancing occurred if a sector had really ran up or seemed over-under valued.
This saved my bacon in the 1998-2001 run-up in the S&P and tech, by the way; I shifted gains in Fidelity Contra to Fidelity Low-Price, although the wisdom wasn't apparent until 2003-4, since I first significantly lagged, then very significantly lost less than the market, then significantly out-gained the market (i.e. S&P). I was both lucky and good, the latter because I stuck to my discipline despite an underperformance in the boom of 15% if I remember correctly.
The question is whether you can stick to your allocations.
2) I allowed myself to cheat on sector allocations of up to 5%, if I thought one sector was significantly over or under valued (see above and S&P in the 1998-2001). I used PEs, which the S&P was 4 times mid/small value. Again, in hindsight that was brilliant. Will the HFTs allow this to persist now--I don't know.
3) ETFs were not available to me, but if you're using a portfolio sector allocation, because of low fees, they are ideal. My suggestion is if you want to play with active or other (individual stock), set aside anywhere from 10-20% of funds and use those as your crazy money. I did this in a small roll-over for my wife, made mistakes, got better, and now I've tracked the market overall.
4) Increase your dividend-income allocation as you get older. In my late 40's in the mid 2000's I got increasingly worried about my low bond allocation, then got worried about the housing market in late 2005/2006, so started to dollar cost average into bonds from a 95-5 or 90-10 portfolio to the point that I was 55-25-20 before the crash.
Better to be lucky than good or timing is all. That's the point of sticking, within limits, to your allocation discipline and limit your play money to a percentage allocation if you want to play with beating the market.
I've out performed the S&P the last 10 years significantly but underperformed the previous 5 years, luckily when I had very little assets.
__________________

__________________
RobLJ 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


 

 
All times are GMT -6. The time now is 05:16 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.