Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
New Quarter, New Record
Old 03-28-2013, 05:03 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
easysurfer's Avatar
 
Join Date: Jun 2008
Posts: 7,896
New Quarter, New Record

End of 1 QTR 2013, SP 500 at all time high.

Not like I noticed or anything

Quote:
Optimists view the fresh all-time highs, including the S&P 500 topping its October 2007 peak on Thursday and notching a record close of 1569.19, as a sign that things are getting better in the economy and people are feeling better about their finances as rising stock and home prices make them feel wealthier.
Can stocks keep climbing at frenetic 1Q pace?
__________________

__________________
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
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 03-28-2013, 05:04 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 16,461
The trend is your friend.
__________________

__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
pb4uski is offline   Reply With Quote
Old 03-28-2013, 05:37 PM   #3
Thinks s/he gets paid by the post
grasshopper's Avatar
 
Join Date: Oct 2010
Posts: 1,671
At 65/35 I am about .01% from an all time high portfolio.
__________________
For me experiences are not good or bad, just different
grasshopper is offline   Reply With Quote
Old 03-28-2013, 05:48 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
The real fun is coming soon.........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 03-28-2013, 06:55 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
mickeyd's Avatar
 
Join Date: Apr 2004
Location: South Texas~29N/98W
Posts: 5,884
Yawn...
__________________
Part-Owner of Texas

Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx

In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Old 03-28-2013, 08:23 PM   #6
Recycles dryer sheets
 
Join Date: Jan 2013
Posts: 118
As a young guy, this makes me a little upset. At this rate, my contributions won't buy me very many shares.
__________________
AndrewJackson is offline   Reply With Quote
Old 03-28-2013, 08:38 PM   #7
Full time employment: Posting here.
ProspectiveBum's Avatar
 
Join Date: Sep 2006
Location: SoCal
Posts: 667
Quote:
Originally Posted by AndrewJackson View Post
As a young guy, this makes me a little upset. At this rate, my contributions won't buy me very many shares.
I'm 40, and have already experienced 2 "crashes" during my adulthood. I imagine we'll both have plenty of opportunities to buy on the cheap in the decades ahead.
__________________
I can't complain, but sometimes I still do.
- Joe Walsh
ProspectiveBum is offline   Reply With Quote
Old 03-28-2013, 08:54 PM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 16,461
Just pinch me. Nestegg and NW are ~13-14% more than when I retired at the end of 2011. Whee!!

It doesn't count if it is struckthrough, right?
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
pb4uski is offline   Reply With Quote
Old 03-28-2013, 08:57 PM   #9
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,487
Quote:
Originally Posted by pb4uski View Post
Just pinch me. Nestegg and NW are ~13-14% more than when I retired at the end of 2011. Whee!!

It doesn't count if it is struckthrough, right?
?? Trying to jinx something here?
__________________
MichaelB is offline   Reply With Quote
Old 03-28-2013, 10:06 PM   #10
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: 16,514
Shhhhhhh! Don't wake up W2R!
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 03-28-2013, 10:29 PM   #11
Thinks s/he gets paid by the post
heeyy_joe's Avatar
 
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
The S&P hit a new high for sure, but adjusted for inflation it would be about 15% away from an inflation adjusted high. This market has room to run higher.
__________________
_______________________________________________
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
heeyy_joe is offline   Reply With Quote
Old 03-28-2013, 10:39 PM   #12
Thinks s/he gets paid by the post
timo2's Avatar
 
Join Date: Jul 2011
Location: Rio Rancho
Posts: 1,438
IMHO, the market can rise more, because it is based upon the world views of a small group of wealthy funds and people that are dissociated from the USA economy, 'not that there's anything wrong with that', because that thought is what keeps me in the market. If I thought the market was tied to the USA economy, I'd be more nervous about the market. I'm sure I'll be proven wrong in the next crash, but for now, that's my story and I'm sticking to it
__________________
timo2 is offline   Reply With Quote
Old 03-28-2013, 10:49 PM   #13
Moderator Emeritus
aja8888's Avatar
 
Join Date: Apr 2011
Location: The Woodlands, TX
Posts: 7,167
Just make sure you have stops put in and advance them up as the market rises.
__________________
......."Everybody has a plan until they get punched in the face." -- philosopher Mike Tyson.
aja8888 is offline   Reply With Quote
Old 03-28-2013, 11:11 PM   #14
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: 16,514
Quote:
Originally Posted by heeyy_joe View Post
The S&P hit a new high for sure, but adjusted for inflation it would be about 15% away from an inflation adjusted high. This market has room to run higher.
Does that "inflation adjustment" include the dividends paid out over the time period? Because I read an article today that ignored dividends yet talked about the "real return" of the S&P500 since the last "all-time high", and I think you have to take dividends into account when discussing a break-even "real return".
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 03-28-2013, 11:32 PM   #15
Recycles dryer sheets
comicbookgujy's Avatar
 
Join Date: Jan 2013
Posts: 178
dang. If I was all in, I would be retired by now.

My portfolio is
the same since 2007, 50% stocks / 50% cash

I got out before the crash, but didn't go back all in during the bear market
__________________
comicbookgujy is offline   Reply With Quote
Old 03-29-2013, 01:19 AM   #16
Full time employment: Posting here.
 
Join Date: Dec 2010
Posts: 572
On the one hand, you have the stock market in the US recording successive new highs, on the other hand, you have the Cypress bank debacle. and this news today that points to continuing problems in the European banking sector.

World's oldest bank reports 2.7bn loss | Business | The Guardian
" Italy's Banca Monte dei Paschi di Siena reported a bigger than expected yearly net loss as it booked higher bad debt provisions and losses on derivatives trades that are at the centre of a fraud investigation. Its 2012 loss of €3.2bn (2.7bn) compared with an average estimated loss of €2.5bn in a Reuters poll of eight banks and brokerages, and followed a €4.7bn loss in 2011."

The bank is Italy's third-biggest lender, and had already needed a €4bn state bailout last month.

Other problem areas includes economic slowdown in China, Hong Kong and Singapore.

http://forum.channelnewsasia.com/sho...isse-downgrade

Are we blinded by irrational exuberance brought into existence by the massive liquidity from QE III?
__________________
bondi688 is offline   Reply With Quote
Old 03-29-2013, 05:38 AM   #17
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 16,461
Quote:
Originally Posted by audreyh1 View Post
Does that "inflation adjustment" include the dividends paid out over the time period? Because I read an article today that ignored dividends yet talked about the "real return" of the S&P500 since the last "all-time high", and I think you have to take dividends into account when discussing a break-even "real return".
I agree. Looking at the 10 year value of $10,000 of Vanguard S&P 500 fund graph which would include reinvested dividends, the previous peak was $19,804 around mid-2007 and the current value of that same account with dividends reinvested would be $22,654, a 2.5% average annual return from the previous peak to today which probably exceeds inflation over the same period. If you took dividends in cash rather than reinvested the return would probably be lower and might be near to or even below inflation.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
pb4uski is offline   Reply With Quote
Old 03-29-2013, 05:45 AM   #18
Thinks s/he gets paid by the post
JoeWras's Avatar
 
Join Date: Sep 2012
Posts: 2,531
So I joined this site last fall and woke up to the fact I had waaaay too much cash in my AA. The good suggestion here was to add it via value averaging, especially since I felt (at the time) that market was high then.

So, I'm executing that plan per month (for two years) and every buy is under my target. I'm waiting for a crash so I can put more in, but it isn't happening! I'm having a hard time getting rid of my cash in the market with that strategy.
__________________
JoeWras is offline   Reply With Quote
Old 03-29-2013, 07:54 AM   #19
Thinks s/he gets paid by the post
jollystomper's Avatar
 
Join Date: Apr 2012
Posts: 1,364
Quote:
Originally Posted by AndrewJackson View Post
As a young guy, this makes me a little upset. At this rate, my contributions won't buy me very many shares.
I though the same in 1987, and 1999, and 2007... trust me, you'll have your chances.
__________________
Current target FIRE date: Under negotiation, can happen anytime.
jollystomper is offline   Reply With Quote
Old 03-29-2013, 07:54 AM   #20
Thinks s/he gets paid by the post
grasshopper's Avatar
 
Join Date: Oct 2010
Posts: 1,671
Quote:
Originally Posted by grasshopper View Post
At 65/35 I am about .01% from an all time high portfolio.
Whoops spoke to soon, when all my dividends showed up this morning, I am over the top. My net worth is 11% higher than when I retired in 2006.
__________________

__________________
For me experiences are not good or bad, just different
grasshopper 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 10:37 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.