My experience has been that living through an episode of volitility makes each of the next ones a little less stressful. I didn't say any of them were pleasant. Glad to see that you are still saving and working towards FIRE.
Bumping this thread 1 year later. I enjoyed seeing the progress of folks over the last few years.
How is everyone doing now with their milestones? We're at an all time high 350+.
It's hard finding a yield on cash, though. I don't trust increasing my bond exposure.
JD
How is everyone doing now with their milestones?
Hit an all time high yesterday, but anyone who is in the accumulation stage and 100% stocks is probably in a similar boat.
Yup, I hit a new high yesterday as well, coming in slightly above my previous high that was set April 23. Total portfolio's about 28% higher than it was this time a year ago.
It'll be interesting to see where it goes from here!
Past experience causes me to be skeptical of large gains or losses. I'm still in the accumulation phase, but I use a 50/50 allocation and regular rebalancing to iron the ups and downs out a bit.....also taking profits to pay down the mortgage decouples me even more from future swings. My ER philosophy is doing everything to reduce my need for income.
Reading again my last post on this thread (05/2008) made me realize how far we have come in the past 2.5 years! Back in 2008, FIRE seemed so far away and yet it has now become a reality!
Heh...at 28, my nest was pretty much empty...My investments hit a bit of a milestone as well yesterday, but I'm embaraased to admit that my total nest egg is still pretty pathetic compared to many of you all - a paltry $25,138 .
Jim, I'd quit looking at that Zillow business and focus on the savings/investments element of your net worth. Houses are use assets so money gained or lost there isn't as relevant to your current position. And keep up the good attitude--being debt free is a big deal in your age range!