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Old 06-02-2011, 08:23 AM   #21
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This is the 6th anniversary of my retirement.
THIS is the scariest post so far. It seems like only yesterday you were changing your handle from REWannabe. If six years goes by that quickly...
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Old 06-02-2011, 08:34 AM   #22
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If six years goes by that quickly...
Yep. It's a shame the "just one more year" types don't seem to get this until after the fact...
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Old 06-02-2011, 09:21 AM   #23
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Much ado about nothing, just the nature of the market, stay the course.

My two cents anyways.
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Old 06-02-2011, 09:25 AM   #24
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As long as the fed continues QE stocks look good. Also I'm around 50/50 equity to bonds and continued low yield keeps bonds stable.

Much more concerned about selling my home right now. We want to get the hell out of the people's republic of maryland.
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Old 06-02-2011, 11:39 AM   #25
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Much more concerned about selling my home right now. We want to get the hell out of the people's republic of maryland.
curious where are you going? I am also in Maryland.
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Old 06-02-2011, 11:45 AM   #26
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This is the 6th anniversary of my retirement.
Happy anniversary REWahoo!
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Old 06-02-2011, 01:10 PM   #27
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curious where are you going? I am also in Maryland.
We are moving to Florida.
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Old 06-02-2011, 03:13 PM   #28
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The market going down isn't as big a deal as noticing that time seems to fly.

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THIS is the scariest post so far. It seems like only yesterday you were changing your handle from REWannabe. If six years goes by that quickly...
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Old 06-02-2011, 03:25 PM   #29
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I was happy for the pullback, I have been convinced we will pull back about 1000 points from the YTD high by the end of the year.........which means buying opps when the dips occur, as I did a lot of buying today for clients and myself.......
What you buying?
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Old 06-02-2011, 03:28 PM   #30
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As long as cash is yielding basically zero and bond rates are at historic lows I don't see too much of a drop here -- if something happens to push interest rates up (hard to imagine without much demand) all bets will be off. Then again, my crystal ball's in the shop since it's looked too much like a Magic 8 Ball lately...
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Old 06-02-2011, 04:33 PM   #31
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I think we are seeing the effects of a one-two punch of the Japanese disaster and a commodity price spike. Both are likely to prove transitory, IMO, so I think we go through a softer patch and then keep chugging along.
Nothing personal, W2R, but I'd much rather read this type of analysis from Brewer than to hear you going "Wheeee!!"
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Old 06-02-2011, 05:24 PM   #32
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OK, down today but not so much. I don't know why this particular dip caught my attention - just an uneasy feeling. Or, should I say, watching too much CNN

My crystal ball is also on the blink, but I'll go out on a limb and predict....

- Continued up and down, but trending a bit down for the rest of this year.
- Barring any other natural disasters, a gradual upturn in 2012.

Given DH and I plan to put our house on the market later this year, I'm really hoping for an upturn.

Time to buy? I think we'll have some better buying opportunities soon. Don't think it'll be a crash, but some bigger dips ahead before we're out of the woods.
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Old 06-02-2011, 06:13 PM   #33
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Nothing personal, W2R, but I'd much rather read this type of analysis from Brewer than to hear you going "Wheeee!!"
Gak! Confirmation bias! Everyone grab a stick and help me kill it!
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Old 06-02-2011, 06:58 PM   #34
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Gak! Confirmation bias! Everyone grab a stick and help me kill it!
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Old 06-02-2011, 07:49 PM   #35
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I'm just going to sit in the basement and bang these shiny, shiny hemispheres of really heavy metal together. Everybody needs a hobby...

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Old 06-02-2011, 09:33 PM   #36
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I don't have as much cash set aside to buy low this time if there is a crash, but maybe I could come up with a little.
You can exchange from fixed income into equities no need to use cash and if it's tax deferred or free then there is no tax consequences.
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Old 06-02-2011, 09:56 PM   #37
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I'm just going to sit in the basement and bang these shiny, shiny hemispheres of really heavy metal together. Everybody needs a hobby...
Eh, you'll make a mess or fizzle out soon.

Reminds me of the "radioactive Boy Scout"...
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Old 06-02-2011, 10:59 PM   #38
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I bought 400 more shares of Microsoft...
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Old 06-02-2011, 11:17 PM   #39
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I bought 400 more shares of Microsoft...
What Nords said...

Oy. Maybe for a swing trading stock. I dunno if I'd buy it hoping the punditverse is right and MSFT will break up/get a new CEO/announce a crazy high dividend, though.
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Old 06-03-2011, 12:11 AM   #40
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Well, just to help the market dip a little so that you would all have such great buying opportunities... instead of buying today I bought some funds Friday night, and the transaction went through Monday during that blip UP, right before it went down. Sort of like reverse market timing.

So, I am trying to remind myself that I am in this for the long haul and so on. That's just as well because obviously I am NO good at market timing. To me, the nuclear situation in Japan has been going on for a long time by now and was not a whole lot worse yesterday than the day before. Ditto for inflation and so on.

In the short term I can't predict the market that accurately from variables such as this, and if I could I would be a multimillionaire-ess by now. After my recent investment I am about $1000 farther from that status.
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