Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 01-19-2016, 12:47 PM   #101
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,949
Quote:
Originally Posted by steelyman View Post
Excellent - thanks! Here's a deal: if I happen to be in that great city and on e-r.org, I'll temporarily switch to one of those tasty things for my icon. Until then, I'll stay somewhere over the rainbow.
That's OK, I'll probably use them as avatars from time to time. Until then, tell you what, you can just keep them in a file and peek at them furtively whenever you have an overwhelming desire for a really good beignet.

I like your over the rainbow avatar and with your creativity and imagination, it suits your personality nicely.
__________________

__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R 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 01-19-2016, 12:53 PM   #102
Recycles dryer sheets
 
Join Date: Apr 2011
Location: Castro Valley
Posts: 402
Quote:
Originally Posted by REWahoo View Post
Won't getting back in now, after the market has dropped, BE market timing?
Actually I'm just rolling over a 403b to a IRA. That involves selling everything and taking 2 to 3 weeks to get the money into the IRA.
__________________

__________________
jkern is offline   Reply With Quote
Old 01-19-2016, 12:53 PM   #103
Thinks s/he gets paid by the post
steelyman's Avatar
 
Join Date: Feb 2011
Location: Triangle
Posts: 3,218
Thank you. I'm blushing. Cold and blushing!

I already squirreled away those slices of heaven in a file. There's a reason why GD Yankees look away south!
__________________

steelyman is offline   Reply With Quote
Old 01-20-2016, 09:35 AM   #104
Thinks s/he gets paid by the post
 
Join Date: Sep 2006
Posts: 1,698
Not to worry Jamie Dimon of JP Morgan Chase, he who led Chase bought out Bear Sterns in 2008 and then later in the year called all his political pals, admitting he made multiple calls to the Fed and Treasury and they agreed to do everything they could and told them to do anything to save the banks and his company. Since June 2011, using its shareholders’ money, JPMorgan Chase has paid more than $35.2 billion in fines and penalties related to various scandals, frauds, and mistakes that came to light because of the financial crisis. He said today "we could be wrong about everything, but we don't cut in run in good times or bad times and if we lose money so be it" talking about the oil economy and overseas markets, but I think the economy and the stock market are in good shape.

So if you are bullish you have this financial genius on the bull side, saying even if they lose money it doesn't matter (of course if it blows up he is expecting no doubt the FED to buy all those bad loans).

Having listened to him today, I would immediately sell any shares in Chase if I had owned them..
__________________
Running_Man is offline   Reply With Quote
Old 01-20-2016, 10:57 AM   #105
Thinks s/he gets paid by the post
grasshopper's Avatar
 
Join Date: Oct 2010
Posts: 1,671
Grasshoppers 10 years of ER

grasshoppers 10 years ER.JPG
__________________
For me experiences are not good or bad, just different
grasshopper is online now   Reply With Quote
Old 01-20-2016, 11:14 AM   #106
Thinks s/he gets paid by the post
Live And Learn's Avatar
 
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,689
Grasshopper, that's a very comforting chart for us new ER's. Would you mind sharing your initial WR (2006 spend over Jan 2006 investible assets). Thanks for posting
__________________
"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11

ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
Live And Learn is offline   Reply With Quote
Old 01-20-2016, 12:37 PM   #107
Recycles dryer sheets
Christine's Avatar
 
Join Date: Dec 2014
Posts: 155
__________________
Christine is offline   Reply With Quote
Old 01-20-2016, 12:44 PM   #108
Thinks s/he gets paid by the post
DFW_M5's Avatar
 
Join Date: Sep 2003
Posts: 4,982
Quote:
Originally Posted by Christine View Post
Just as long as we stay away from the Washington Monument
__________________
Doing things today that others won't, to do things tomorrow that others can't. Of course I'm referring to workouts, not robbing banks.
DFW_M5 is offline   Reply With Quote
Old 01-20-2016, 12:59 PM   #109
Thinks s/he gets paid by the post
Katsmeow's Avatar
 
Join Date: Jul 2009
Posts: 3,400
Quote:
Originally Posted by W2R View Post
Actually, the recent drops in the market are a huge relief to me. FINALLY.

We all knew it was coming eventually (markets go up, then down, then back etc). The doom-n-gloomers have been telling us this was on the way for about 5 years by now. At least now we won't have to listen to the prophets of doom (well, one could hope that, anyway).
This is how I feel. We have had big withdrawals the last 2 years and will this year (due to kids/college). I have sort of been waiting for the market to go down the entire time. And, now, it seems a relief to think it is actually here. I'm not exactly happy about it and it would have been nice for it to wait until next year when we will have more typical withdrawals, but I'm OK to hopefully get it out of the way.

3 years ago, I put some money out of my regular 55/45 portfolio to help pay for these increased withdrawals. So I really don't have to withdraw anything from equities this year at all. That said, if I don't end up withdrawing anything from equities due to a down market I could end up out of balance with equities too high (because I don't want to sell them in a down market so I am OK with that). Right now I'm at 53/47.
__________________
Katsmeow is offline   Reply With Quote
Old 01-20-2016, 01:37 PM   #110
Recycles dryer sheets
 
Join Date: Jul 2013
Location: Cape Canaveral
Posts: 93
If equities drop enough that my bond AA goes 5% out of range I'll rebalance and buy some more stocks from cash / bond sales.

I thought today might be the day to make the appointment for tomorrow, but now seems unsure.

ERed in 2013 at age 38 - so far so good.
__________________
shasta is offline   Reply With Quote
Old 01-20-2016, 02:04 PM   #111
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,537
I have something I want to tax loss harvest, but I'm still waiting for more downside.

I'm really waiting until oil stops going down, and it's still going down fast. Now down to $26 and change.
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is offline   Reply With Quote
Old 01-20-2016, 02:07 PM   #112
Full time employment: Posting here.
 
Join Date: Aug 2013
Location: North
Posts: 714
Quote:
Originally Posted by Balance View Post
Right now, I am only 30% exposed in the market so I was outside when the cops arrived to the party. However, based on past experience with Parties that go very badly, I should slip away into the bushes while the paddy wagon rounds up party leaders. My wife and I have income from consulting deals for 2016. But, if we go into a recession some of that might go away in 2017. So, I am thinking of lightening up some more during the short rally's in 2016 and then probably going back in slowly in 2017. Of course, that may have to adjusted depending on the outcome of the elections.

How are some of the experienced longer term (retired 10 years or more) retirees viewing this situation?
ROFL! Reminds me of a time I was at a party here in the Midwest. We had got about 3 feet of fresh snow and my friends parents were out of town. It was a chilly night when the boys showed up to police...some of the partygoer's chose to ride it out a block away in the 3-4 foot snow berms. I believe I hid in a closet and was quick to rejoin the party once they left.

I don't recommend waiting it out in the snow...those saps looked wet, cold and miserable when they came back to the party.
__________________
AA (Stock/Bond/Cash ): 99/0/1% MIX (Small/Mid/Large): 50/25/25% BLEND(US/Foreign): 100/0%, (Value/Growth/Blend): X/X/X% REIT (Real Estate Equity): 50% of Assets

FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
kgtest is offline   Reply With Quote
Old 01-21-2016, 02:33 PM   #113
Full time employment: Posting here.
GTFan's Avatar
 
Join Date: Apr 2013
Location: Atlanta
Posts: 636
Quote:
Originally Posted by ziggy29 View Post
In reality, this has the potential to make the USA the big winner. China is struggling. Russia will be crippled badly. The USA has a strong oil and gas industry but not nearly as dependent on them than places like Russia or the Middle East. The USA can weather a period of $20 oil. Russia can't. Saudi and Iran, among others, can't for long.
The big problem with Russia getting hit bad by oil is the potential for foreign adventuring out of desperation to distract attention. How many times have we seen this in the past? Plenty, and Syria may just be the start.

Not being alarmist here, just looking at how things have gone historically. Rise of nationalism with Russians blindly following thugs like Putin because he's a strongman, resulting in more cold and hot war stuff. Not so good for the markets (or the US), potentially, but maybe for the defense industry.
__________________
GTFan is offline   Reply With Quote
Old 01-21-2016, 02:41 PM   #114
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,537
Quote:
Originally Posted by GTFan View Post
The big problem with Russia getting hit bad by oil is the potential for foreign adventuring out of desperation to distract attention. How many times have we seen this in the past? Plenty, and Syria may just be the start.

Not being alarmist here, just looking at how things have gone historically. Rise of nationalism with Russians blindly following thugs like Putin because he's a strongman, resulting in more cold and hot war stuff. Not so good for the markets (or the US), potentially, but maybe for the defense industry.
Except that Putin was causing a lot of trouble over a year ago when oil prices were at a peak. Things have quieted way down since the oil drop.
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is offline   Reply With Quote
Old 01-21-2016, 03:16 PM   #115
Full time employment: Posting here.
NYEXPAT's Avatar
 
Join Date: Jul 2009
Location: Miraflores,Peru
Posts: 887
I am 80% cash and 20% equities with a few % of Muni's and Gold in the mix. I was 90% cash until the S&P broke 1900 then bought Japan and Germany ETF's and a bit of the S&P looking for a bounce. Rather then fight oil, I plan to hedge myself in if we can get a 1/2 way decent rally tomorrow. Once oil bottoms in April (best guess) I will go back to 100% equities (sin Gold).
__________________
NYEXPAT is offline   Reply With Quote
Old 01-21-2016, 08:47 PM   #116
Recycles dryer sheets
 
Join Date: Aug 2015
Posts: 340
Quote:
Originally Posted by audreyh1 View Post
Except that Putin was causing a lot of trouble over a year ago when oil prices were at a peak. Things have quieted way down since the oil drop.
I see connection in oil prices drop and Putin entrance into Syria conflict, like he did not have full engagement in Ukraine. I am sure that Putin does not care a lot about Assad. Can he intervene in Yemen if oil drops more?
__________________
VFK57 is offline   Reply With Quote
Old 01-21-2016, 09:02 PM   #117
Full time employment: Posting here.
RetiredGypsy's Avatar
 
Join Date: Mar 2008
Posts: 895
Apparently late comers are trying to sneak in past the bouncers past last call, because everything of mine finished up today. I wouldn't mind if people kept leaving the party until the end of the month when I could figure out how to make this analogy work better for buying more...beer? Yes. Discounted beer. That works nicely.
__________________
I'm free and I like it!
RetiredGypsy is offline   Reply With Quote
Old 01-21-2016, 10:06 PM   #118
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
Syria has been allied with Russia as far back as I can remember, and by some accounts, Putin is not bombing ISIS, but is bombing anti-Assad rebels. But I doubt that even Putin is nutty enough to intervene in Yemen...

Somehow, we need to get a billion or so Chinese and Indian peasants buying iPhones and SUVs. That'll kick up demand!
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Old 01-22-2016, 01:35 PM   #119
Recycles dryer sheets
 
Join Date: Aug 2015
Posts: 340
Quote:
Originally Posted by HFWR View Post
Syria has been allied with Russia as far back as I can remember, and by some accounts, Putin is not bombing ISIS, but is bombing anti-Assad rebels. But I doubt that even Putin is nutty enough to intervene in Yemen...

Somehow, we need to get a billion or so Chinese and Indian peasants buying iPhones and SUVs. That'll kick up demand!
Modern proxy wars does not require direct intervention. He can quietly ship tactical missiles to Hozies so they could more efficiently attack Saudis. In Syria Putinhe needed to Show the West air force denial that is why he interfered there with S-400 covering large portion of Syria.
__________________
VFK57 is offline   Reply With Quote
Rebalance
Old 01-22-2016, 07:50 PM   #120
Full time employment: Posting here.
 
Join Date: Oct 2012
Location: Reno
Posts: 556
Rebalance

I like to rebalance in late Jan/early Feb and was hoping the market would behave and stay down for a little while. Now I'm only 4% below my target stock allocation. (I usually rebalance if I go 4-5% below or above.)
__________________

__________________
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


Similar Threads
Thread Thread Starter Forum Replies Last Post
Looks Like The Christmas Post Office Rush is over easysurfer Other topics 0 12-21-2015 11:35 AM
this is what 206 million in CASH looks like.... thefed Other topics 9 03-17-2007 09:13 PM
Looks a lot like brewer12345 FIRE and Money 29 05-25-2006 02:36 PM
Looks like this Forum's Index is screwed up....... Cut-Throat Other topics 52 04-30-2005 09:30 AM

 

 
All times are GMT -6. The time now is 08:56 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.