Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 10-27-2008, 06:34 PM   #21
Moderator Emeritus
Khan's Avatar
 
Join Date: Aug 2006
Location: Pine Island, Florida
Posts: 6,868
Send a message via AIM to Khan
Quote:
Originally Posted by Goonie View Post
Yeah, it could be far worse......I could still be working.......YUCK!

They (whoever the heck 'they' are) say that it's always darkest before the dawn....so, is it almost morning yet?
"From the time that your born
'Til you ride in a hearse
Things are never so bad
That they couldn't be worse."
__________________

__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
Khan 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 10-27-2008, 06:53 PM   #22
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: 42,124
Quote:
Originally Posted by deserat View Post
; fresh broccoli - .89 Euro for a kilo - that's cheap! I couldn't find fresh brocolli for that price in CA!
Brocolli? You're enjoying a killer exchange rate in Germany and you're relishing the price of fresh brocolli?

Why not a nice Riesling or a couple of steins of great beer - it's October!
__________________

__________________
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 10-27-2008, 07:04 PM   #23
Thinks s/he gets paid by the post
2B's Avatar
 
Join Date: Mar 2006
Location: Houston
Posts: 4,330
Things are so bad that I've requested info from some Texas Hill Country retirement communities.
__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
2B is offline   Reply With Quote
Old 10-27-2008, 07:10 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
harley's Avatar
 
Join Date: May 2008
Location: Following the nice weather
Posts: 6,434
Quote:
Originally Posted by Dawg54 View Post
Oh well, even with my reduced portfolio, I'm still in good shape on my w/d rate. Just enjoying a cheap old bastard lifestyle. Although I did spend $115 on a frigging passport and photo today. Plan to get away next year on a trip and enjoy a little of what I have left in the piggy bank.
Heading off to St. Andrews for a few days of links play?
__________________
"Good judgment comes from experience. Experience comes from bad judgement." - Will Rogers, or maybe Sam Clemens
DW and I - FIREd at 50 (7/06), living off assets
harley is offline   Reply With Quote
Old 10-27-2008, 07:32 PM   #25
Thinks s/he gets paid by the post
Helen's Avatar
 
Join Date: Oct 2004
Location: Portland
Posts: 1,354
I moved 13% of my TSP G fund into equities around 5 AM Pacific time. I couldn't believe it when the market was up after all the bad news in the international markets.

Since the TSP moves the money at closing prices (I think), I was quite pleased to return from a meeting and seen the indexes had closed down.

I'm sure it's not the bottom though. I will keep purchasing stocks (no new G fund purchases) with each paycheck.

We are living in interesting times.
__________________
Helen is online now   Reply With Quote
Old 10-27-2008, 07:34 PM   #26
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: 7,440
Quote:
Originally Posted by harley View Post
Heading off to St. Andrews for a few days of links play?
Someday hopefully. Actually, one of my nephews is getting married in the Caribbean Isles next spring. But I will take the golf clubs.
__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 10-27-2008, 07:36 PM   #27
Thinks s/he gets paid by the post
2B's Avatar
 
Join Date: Mar 2006
Location: Houston
Posts: 4,330
Quote:
Originally Posted by Helen View Post
I moved 13% of my TSP G fund into equities around 5 AM Pacific time. I couldn't believe it when the market was up after all the bad news in the international markets.

Since the TSP moves the money at closing prices (I think), I was quite pleased to return from a meeting and seen the indexes had closed down.

I'm sure it's not the bottom though. I will keep purchasing stocks (no new G fund purchases) with each paycheck.

We are living in interesting times.
I've already called the bottom -- it was 10/10. That is unless it falls tomorrow. Then I'll call a new bottom.

If it does fall, I'll be looking for a nice bottom. How's yours?
__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
2B is offline   Reply With Quote
Old 10-27-2008, 10:54 PM   #28
Thinks s/he gets paid by the post
Texarkandy's Avatar
 
Join Date: Feb 2008
Posts: 1,281
Quote:
Originally Posted by Helen View Post
I moved 13% of my TSP G fund into equities around 5 AM Pacific time. I couldn't believe it when the market was up after all the bad news in the international markets.
...
What funds did you move into at what percentages if you don't mind my asking? C? S?
__________________
Retired 2009!
Texarkandy is offline   Reply With Quote
Old 10-27-2008, 11:34 PM   #29
Thinks s/he gets paid by the post
Helen's Avatar
 
Join Date: Oct 2004
Location: Portland
Posts: 1,354
Quote:
Originally Posted by 2B View Post
I've already called the bottom -- it was 10/10. That is unless it falls tomorrow. Then I'll call a new bottom.

If it does fall, I'll be looking for a nice bottom. How's yours?
I wish I could reply with a witty response, but I can't think of one. Anyone?

It's fallen and it can't get up?
__________________
Helen is online now   Reply With Quote
Old 10-27-2008, 11:39 PM   #30
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
Quote:
Originally Posted by REWahoo View Post
Brocolli? You're enjoying a killer exchange rate in Germany and you're relishing the price of fresh brocolli?

Why not a nice Riesling or a couple of steins of great beer - it's October!

I been drinking a German Riesling called Saint M. Its good stuff. Was getting it for 6.99 a bottle but it shot up to 11.99
__________________
Notmuchlonger is offline   Reply With Quote
Old 10-27-2008, 11:39 PM   #31
Thinks s/he gets paid by the post
Helen's Avatar
 
Join Date: Oct 2004
Location: Portland
Posts: 1,354
Quote:
Originally Posted by Texarkandy View Post
What funds did you move into at what percentages if you don't mind my asking? C? S?

It was:

G: 43%
C: 29%
S: 10%
I: 18%

It's now:

G: 30%
C: 30%
S: 20%
I: 20%
__________________
Helen is online now   Reply With Quote
Old 10-28-2008, 04:22 AM   #32
Thinks s/he gets paid by the post
2B's Avatar
 
Join Date: Mar 2006
Location: Houston
Posts: 4,330
Quote:
Originally Posted by Notmuchlonger View Post
I been drinking a German Riesling called Saint M. Its good stuff. Was getting it for 6.99 a bottle but it shot up to 11.99
I see new labels pop up at bargain prices only to shoot up when they are "discovered." We found a Calif chardonney called Fisheyes for about $5. I like it although I'm more a red wino. It's one of DW's favorites.
__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
2B is offline   Reply With Quote
Old 10-28-2008, 05:43 AM   #33
Thinks s/he gets paid by the post
2B's Avatar
 
Join Date: Mar 2006
Location: Houston
Posts: 4,330
Quote:
Originally Posted by Helen View Post
I wish I could reply with a witty response, but I can't think of one. Anyone?

It's fallen and it can't get up?
Sometimes a quip is so witty and well timed it defies any response. Other times they aren't worth responding to. Take your pick.

Your comeback was pretty good IMHO.
__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
2B is offline   Reply With Quote
Old 10-28-2008, 05:57 AM   #34
Thinks s/he gets paid by the post
 
Join Date: Jul 2004
Posts: 1,072
OK - I messed up - I meant to say brussel sprouts for 0.89 Euro cents a kilo...not broccoli - was *very* late Europe time when I wrote it.

REWahoo (BTW have a great time on your 10 day RV jaunt!) - as for wine and beer - it goes without saying - the costs for alcohol out here, especially wine and beer, are much cheaper than in the US - Riesling is OK - I like Italian Pinot Grigio and I'm hoping to get my hands on a nice Calvados when I go to France in the next couple of weeks. Riesling is from the Rhine (Rhein) River area - I prefer the taste of the bochsbeutels of the Neckar River - there's more of a minerally taste which I like - I grew up in AZ and they used to drink the groundwater there (now it's CAP water - YUCK!) and it was hard with minerals. The Neckar wines remind me of that a bit.....as for a German red, well, let's just say not too good compared to the CA reds I drank just last month. I'm also not a Bordeaux fan, but do like a good Burgundy. Merlot is over-rated to me and I don't like a straight Pinot Noir. I do like dry champagne :-) And I like the Rheims/Eparnee (sp) area which grows the wonderful grapes for the bubbly - beautiful area.

OK - enough of a hijack - sorry about the broccoli/brussel sprouts mix-up.....

Regarding the freefall - great article on WSJ talking about the Gulf area and how things are going there economically - looks like Abu Dhabi is the area which has the most petrodollars in reserve and all that real-estate on that 'made-up' island in Dubai is not soaring in value as before - even the multi-millionaires are suffering. The best part of the article to me was at what price per barrel the governments could function without a deficit - it ranged from $33 to $47 a barrel (Saudi being the highest) - so there was some serious 'profit' during the times of $100+ a barrel, but it looks like they went and tried to make even more money by buying currency swap derivatives and other more risky financial vehicles. What was also interesting was how much their governments actually support the citizenry.....'redistribution of the wealth' anyone? Oops, didn't mean to make it a Soapbox re-direct.....
__________________
Deserat aka Bridget
“We sleep soundly in our beds because rough men stand ready in the night to visit violence on those who would do us harm.” - George Orwell/Winston Churchill
deserat is offline   Reply With Quote
Old 10-28-2008, 06:19 AM   #35
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: 42,124
Quote:
Originally Posted by deserat View Post
OK - I messed up - I meant to say brussel sprouts...
You really are a party animal...
__________________
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 10-28-2008, 07:38 AM   #36
Thinks s/he gets paid by the post
Texarkandy's Avatar
 
Join Date: Feb 2008
Posts: 1,281
Quote:
Originally Posted by Helen View Post
It was:

G: 43%
C: 29%
S: 10%
I: 18%

It's now:

G: 30%
C: 30%
S: 20%
I: 20%

I've been mulling this over myself (100% G since last year) - so you feel good about the Small Cap fund?
__________________
Retired 2009!
Texarkandy is offline   Reply With Quote
Old 10-28-2008, 09:11 AM   #37
Thinks s/he gets paid by the post
Helen's Avatar
 
Join Date: Oct 2004
Location: Portland
Posts: 1,354
Quote:
Originally Posted by Texarkandy View Post
I've been mulling this over myself (100% G since last year) - so you feel good about the Small Cap fund?
Well, in this market they don't seem any riskier than anything else. Actually, the international fund has been hit the hardest percentage wise, but then it's also had the biggest run up in the past five years.

I was 100% in the G fund for a while (maybe two years), then I realized I couldn't time the market. I kept thinking the economy felt like a house of cards, but I was two years too early. So I went in 60/40 with the plan to go 70/30 if the market dropped.

If it keeps going down, I might move another 10%, but it would have to drop quite a bit more before I'd do that.

I have a large cash reserve (and I Bonds) in taxable accounts, no debt and a future FERS pension plus another small pension from a Fortune 100. I don't plan on touching the TSP for another 10 years at the earliest.

-helen
__________________

__________________
Helen 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
The new baby is home!! St.Patty's Day is his B-Day!! thefed Other topics 20 03-21-2008 04:48 PM
My last day shorttimer Life after FIRE 11 06-16-2006 06:17 PM
What will the first day be like? setab Life after FIRE 28 02-23-2006 07:13 PM
Staying the course is a day-to-day struggle azanon Young Dreamers 37 01-17-2006 03:05 PM
Your day to do it dex Other topics 7 08-26-2004 12:19 AM

 

 
All times are GMT -6. The time now is 12:57 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.