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Old 11-01-2007, 08:01 PM   #201
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It looks like a double scotch day to me ... I think I will need to 'hide my head in the sand' keep to my buy and hold plans.
... but been there .. done that.
Strangely, my Roth IRA balance was lower six days ago. Can't check my TSP for another 10 hours or so.

I had been planning on buying a little VFINX with my taxable money anyway, so I just did that. I suppose it is probably too late for Vanguard to do it before it goes back up, though.
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Old 11-01-2007, 08:03 PM   #202
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Ohhhhhhhh......my achin' TSP!
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Old 11-01-2007, 08:12 PM   #203
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Perhaps this is a good time to reconcile one's theoretical tolerance for volatility with reality...
We were up more yesterday than we were down today.

I find that I enjoy the upward volatility more than the downward!
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Old 11-01-2007, 08:12 PM   #204
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Ohhhhhhhh......my achin' TSP!
Oh, thanks! I forgot that we can get share prices before we get our account balances.

Looks like my TSP is not doing too badly, thank goodness. I have 40% G fund, to reduce volatility since I am just 2 years from ER. So, I lost less than 2%.
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Old 11-01-2007, 08:38 PM   #205
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I find that I enjoy the upward volatility more than the downward!
No $h!t. Down 1.2% today. Financials hurt me.
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Old 11-01-2007, 09:42 PM   #206
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Old 11-01-2007, 10:20 PM   #207
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Last checked NW on Sept. 30. Next check Dec. 31. Less stress this way. Your results may vary. Enjoy!
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Old 11-02-2007, 10:36 AM   #208
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Either I'm getting immune to these rollercoaster drops corrections or maybe the 'bucket methodology' is working. I am sleeping fine.:confused:
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Old 11-02-2007, 10:57 AM   #209
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Either I'm getting immune to these rollercoaster drops corrections or maybe the 'bucket methodology' is working. I am sleeping fine.:confused:
I had a good bit of stress in the August implosion (much of which was job-related, in fairness), but am not too terribly concerned now. I was wondering why, and I think its a combination of the job stress being reduced a bit (junk market stopped imploding), seeing that most company managements have adjusted to the newly topsy turvy world, and knowing that the Fed is on the job helps a lot, too.

Personally, if I ran the Fed, I would have cut 50BP in August and 50BP in September. Bernanke was too slow to react, IMO.
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Old 11-02-2007, 11:04 AM   #210
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Either I'm getting immune to these rollercoaster drops corrections or maybe the 'bucket methodology' is working. I am sleeping fine.:confused:
Me, too. For once, I am among those who can cheerfully say that I took advantage of the correction to buy (though I had planned to do it this week anyway).

I noticed that the market is going down again today, and I'm embarrassed to say that I'm glad -- since I don't think Vanguard has completed my transaction yet, buying VFINX (500 index) using VMMXX (prime money market) to fund it. I arranged it online last night at 8:50, but I don't really know how long they will take to actually complete the purchase. Maybe it will be Monday morning.
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Old 11-02-2007, 12:48 PM   #211
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I noticed that the market is going down again today, and I'm embarrassed to say that I'm glad -- since I don't think Vanguard has completed my transaction yet, buying VFINX (500 index) using VMMXX (prime money market) to fund it. I arranged it online last night at 8:50, but I don't really know how long they will take to actually complete the purchase. Maybe it will be Monday morning.
We bought this morning, and Vanguard says the trade date will be Monday (should be the price at the end of the day, since it is a mutual fund). When you do your transaction on-line, they always tell you what the trade date will be. Yours might be the end of today since you got it in before 10 p.m. last night (I think that's the cut-off for next day trades).

We always kinda hope for a "down day" when we put in a buy order, too. Sometimes we luck out, sometimes we don't.
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Old 11-02-2007, 02:52 PM   #212
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We bought this morning, and Vanguard says the trade date will be Monday (should be the price at the end of the day, since it is a mutual fund). When you do your transaction on-line, they always tell you what the trade date will be. Yours might be the end of today since you got it in before 10 p.m. last night (I think that's the cut-off for next day trades).

We always kinda hope for a "down day" when we put in a buy order, too. Sometimes we luck out, sometimes we don't.
Looks like the market is flat today anyway, so it probably won't matter one way or another. Next time I will look for that date! Thanks for the tip.

It's nice to learn that 10 p.m. is the cut-off for next day trades. Thanks for that info, which is good to know! I saved the page with the confirmation number, assuming it would have the expected transaction date on it, but that would be too sensible.
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Old 11-02-2007, 09:07 PM   #213
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Either I'm getting immune to these rollercoaster drops corrections or maybe the 'bucket methodology' is working. I am sleeping fine.:confused:
A related follow up to this ... and my new sleeping habits. I just got back from my annual physical. For the 1st time ever, I have overcome my 'white coat syndrome' blood pressure test. Every previous physical, my blood pressure was 'close to the line' (130+ over high 80's or low 90's). When I tested using my cuff at home (and calibrated to doctor office), I would be 130 or lower over 80 or lower. I attributed this to my new retiree status. The doctor said he may need to prescribe retirement as a new prescription for high blood pressue.
... one more reason NOT TO WAIT!
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Old 11-02-2007, 09:11 PM   #214
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A related follow up to this ... and my new sleeping habits. I just got back from my annual physical. For the 1st time ever, I have overcome my 'white coat syndrome' blood pressure test. Every previous physical, my blood pressure was 'close to the line' (130+ over high 80's or low 90's). When I tested using my cuff at home (and calibrated to doctor office), I would be 130 or lower over 80 or lower. I attributed this to my new retiree status. The doctor said he may need to prescribe retirement as a new prescription for high blood pressue.
... one more reason NOT TO WAIT!
CONGRATULATIONS!!! Sounds like ER really agrees with you.
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Old 11-07-2007, 04:00 PM   #215
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Dow down 360. Not gonna look at my brokerage account until middle of December. Probably do some selling then to take some losses against gains already booked. These kind of days are getting old.
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Old 11-07-2007, 04:03 PM   #216
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...and somewhat scary.
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Old 11-07-2007, 04:43 PM   #217
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Dow down 360. Not gonna look at my brokerage account until middle of December. Probably do some selling then to take some losses against gains already booked. These kind of days are getting old.
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...and somewhat scary.
The market sure did hammer our indexes today, but we're still eking out a 7.9% gain YTD. Wish we felt comfortable putting more of our cash into this buying opportunity.

But diversification seems to be doing its job. Would this be a bad time to point out that Berkshire Hathaway just closed above $135K/share ($4500 per "B" share) for the first time and is up nearly 23% YTD, with all of that gain being made in the last 3+ months?
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Old 11-07-2007, 05:03 PM   #218
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Would this be a bad time to point out that Berkshire Hathaway just closed above $135K/share ($4500 per "B" share) for the first time and is up nearly 23% YTD, with all of that gain being made in the last 3+ months?
Ahh... yes.
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Old 11-07-2007, 05:37 PM   #219
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Dow down 360. Not gonna look at my brokerage account until middle of December. Probably do some selling then to take some losses against gains already booked. These kind of days are getting old.
I'll say. Take my eyes off the market for one day, and look what happens! I just found out a minute ago.

I think it's important to remind myself that the Dow only lost 2.4% today, after a solid gain yesterday. 360 points sounds like a lot, but it really isn't compared with 13300 points.
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Old 11-07-2007, 06:00 PM   #220
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Dow down 360. Not gonna look at my brokerage account until middle of December. Probably do some selling then to take some losses against gains already booked. These kind of days are getting old.
Yea, it's getting more scary. Our portfolio value declines 2.36% from 10/31. DW says that we should consider getting out of the market.
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