RetirementColdHardTruth
Recycles dryer sheets
Well if you are like me, you enjoy the entertainment value that cnbc provides. They are always touting the latest and greatest sectors of the markets with their so called experts. I for one like Jim Cramers ability to act like a clown and all his buttons of glory, and house of pain. However, if you are to watch these shows you fight a constant battle not to act on the recommendations. It just makes so much sense while they are touting the best investment strategies and the latest hot stock.
While I love the entertainment value I too have been convinced of the so called missing decade. No matter what my results actually show, I believed my portfolio was actually down over the last 10 years. What's more annoying than this is that I believe the generall population has used this as an excuse not to save for the future.
It is truly sad to read all the yahoo messages in response to the latest column from the yahoo experts about the health of the retirement funds of this country. These comments often tout that "I lost 70% in the market, no way I am investing with these bunch of crooks". However, if you rad between the lines what they are really saying is "I didn't save and am now 56, and my 40k in investments dropped to 35k, at least now I can say the responsibility lies on wall street". The more they say the crooks on wall street are the reason they have no retirement the better they feel about their neglect to save.
Well people my results are in. Last year I was up 21%. I followed the coffee house portfolio with a small twist in moving to all stocks on big dips of moe than 15%. I only did this when we had the massive crash due to a sale in stocks I had never seen in my life. I will continue to do this strategy until I retire. At that point I will move a big portion of my savings to fixed income for living out the rest of my life.
Anyway, I am still new here, but for anybody interested in the coffee house portfolio last years and historical returns are in. The Coffeehouse Investor » Coffeehouse Returns
I think the key is really divesifaction and keep your core allocation fixed as buy and hold.
While I love the entertainment value I too have been convinced of the so called missing decade. No matter what my results actually show, I believed my portfolio was actually down over the last 10 years. What's more annoying than this is that I believe the generall population has used this as an excuse not to save for the future.
It is truly sad to read all the yahoo messages in response to the latest column from the yahoo experts about the health of the retirement funds of this country. These comments often tout that "I lost 70% in the market, no way I am investing with these bunch of crooks". However, if you rad between the lines what they are really saying is "I didn't save and am now 56, and my 40k in investments dropped to 35k, at least now I can say the responsibility lies on wall street". The more they say the crooks on wall street are the reason they have no retirement the better they feel about their neglect to save.
Well people my results are in. Last year I was up 21%. I followed the coffee house portfolio with a small twist in moving to all stocks on big dips of moe than 15%. I only did this when we had the massive crash due to a sale in stocks I had never seen in my life. I will continue to do this strategy until I retire. At that point I will move a big portion of my savings to fixed income for living out the rest of my life.
Anyway, I am still new here, but for anybody interested in the coffee house portfolio last years and historical returns are in. The Coffeehouse Investor » Coffeehouse Returns
I think the key is really divesifaction and keep your core allocation fixed as buy and hold.