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03-28-2013, 04:03 PM
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#1
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2008
Posts: 13,132
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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.
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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
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03-28-2013, 04:04 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,266
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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.
Retired Jan 2012 at age 56
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03-28-2013, 04:37 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Posts: 2,464
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At 65/35 I am about .01% from an all time high portfolio.
__________________
For me experiences are not good or bad, just different
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03-28-2013, 04:48 PM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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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.........:)
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03-28-2013, 05:55 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,671
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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.
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03-28-2013, 07:23 PM
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#6
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Recycles dryer sheets
Join Date: Jan 2013
Posts: 118
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As a young guy, this makes me a little upset. At this rate, my contributions won't buy me very many shares.
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03-28-2013, 07:38 PM
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#7
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Full time employment: Posting here.
Join Date: Sep 2006
Location: SoCal
Posts: 927
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Quote:
Originally Posted by AndrewJackson
As a young guy, this makes me a little upset. At this rate, my contributions won't buy me very many shares.
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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
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03-28-2013, 07:54 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,266
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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.
Retired Jan 2012 at age 56
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03-28-2013, 07:57 PM
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#9
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,589
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Quote:
Originally Posted by pb4uski
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?
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?? Trying to jinx something here?
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03-28-2013, 09:06 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,012
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Shhhhhhh! Don't wake up W2R!
__________________
Retired since summer 1999.
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03-28-2013, 09:29 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
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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.
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03-28-2013, 09:39 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Jul 2011
Location: Bernalillo, NM
Posts: 2,717
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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
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03-28-2013, 09:49 PM
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#13
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,645
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Just make sure you have stops put in and advance them up as the market rises.
__________________
*********Go Astros!*********
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03-28-2013, 10:11 PM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,012
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Quote:
Originally Posted by heeyy_joe
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.
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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".
__________________
Retired since summer 1999.
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03-28-2013, 10:32 PM
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#15
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Recycles dryer sheets
Join Date: Jan 2013
Posts: 178
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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
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03-29-2013, 12:19 AM
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#16
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Full time employment: Posting here.
Join Date: Dec 2010
Posts: 576
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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?
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03-29-2013, 04:38 AM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,266
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Quote:
Originally Posted by audreyh1
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".
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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.
Retired Jan 2012 at age 56
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03-29-2013, 04:45 AM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Posts: 11,701
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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.
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03-29-2013, 06:54 AM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2012
Posts: 6,137
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Quote:
Originally Posted by AndrewJackson
As a young guy, this makes me a little upset. At this rate, my contributions won't buy me very many shares.
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I though the same in 1987, and 1999, and 2007... trust me, you'll have your chances.
__________________
FIREd date: June 26, 2018 - "This Happy Feeling, Going Round and Round!" (GQ)
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03-29-2013, 06:54 AM
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#20
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Posts: 2,464
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Quote:
Originally Posted by grasshopper
At 65/35 I am about .01% from an all time high portfolio.
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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
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