Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Wh... Wh.... Wh(eee!)... Party like it's 1929
Old 02-27-2012, 11:18 PM   #1
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,905
Wh... Wh.... Wh(eee!)... Party like it's 1929

I am so thrilled - - my portfolio is at an all-time high and growing by leaps and bounds! This bull market seems invincible.

Time to sell, guys, getting close. Besides, May will be here before we know it. Meanwhile, party on...

__________________

__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   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 02-27-2012, 11:29 PM   #2
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,044
Oh well... I could use another buying opportunity anyways!
__________________

__________________
FIREd is offline   Reply With Quote
Old 02-27-2012, 11:55 PM   #3
Moderator Emeritus
Bestwifeever's Avatar
 
Join Date: Sep 2007
Posts: 16,375
Still waiting for Dow to close at 13000, howheeever.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
Bestwifeever is offline   Reply With Quote
Old 02-28-2012, 12:21 AM   #4
Thinks s/he gets paid by the post
Major Tom's Avatar
 
Join Date: Nov 2009
Location: SF East Bay
Posts: 3,129
Oh lawdy, I'd better sell all my holdings and flee for the hills.

I was hoping you'd wait just a bit longer before saying the wh** word
__________________
ER, for all intents and purposes. Part-time income <5% of annual expenditure.
Major Tom is online now   Reply With Quote
Old 02-28-2012, 03:17 AM   #5
Recycles dryer sheets
Lagniappe's Avatar
 
Join Date: Mar 2006
Posts: 207
I guess I'd better postpone my retirement plans, the market will surely crater for another few years now. And I was so close...
__________________
Lagniappe is offline   Reply With Quote
Old 02-28-2012, 05:29 AM   #6
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,470
Quote:
Originally Posted by W2R View Post
I am so thrilled - - my portfolio is at an all-time high and growing by leaps and bounds! This bull market seems invincible.

Time to sell, guys, getting close. Besides, May will be here before we know it. Meanwhile, party on...

Thanks for the heads up
__________________
MichaelB is offline   Reply With Quote
Old 02-28-2012, 06:12 AM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
braumeister's Avatar
 
Join Date: Feb 2010
Location: Northern Kentucky
Posts: 8,612
If it's not quite time to sell, I think it's at least time to start taking a few profits.
__________________
Pas de lieu Rhône que nous.
braumeister is online now   Reply With Quote
Old 02-28-2012, 06:53 AM   #8
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: 16,492
Gee W2R, wouldn't you like to see your portfolio get a little higher before stopping the run?

I should add that I am very close to hitting my rebalance target. I was hoping to get that done before a certain "Wh..." was heard around the world!

Audrey
__________________
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 02-28-2012, 07:05 AM   #9
Thinks s/he gets paid by the post
DFW_M5's Avatar
 
Join Date: Sep 2003
Posts: 4,982
And I thought W2R was censored from saying Wh......
__________________
DFW_M5 is offline   Reply With Quote
Old 02-28-2012, 07:17 AM   #10
gone traveling
 
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
Quote:
Originally Posted by braumeister View Post
If it's not quite time to sell, I think it's at least time to start taking a few profits.
Yes.

I/DW did so to add a bit of cash to our respective cash buckets.

Harvest your "crops" during good times; let them in the field (invested) during bad.

BTW, our method would not necessarily apply for those still in the accumulation stage.
__________________
rescueme is offline   Reply With Quote
Old 02-28-2012, 07:57 AM   #11
Recycles dryer sheets
 
Join Date: Dec 2010
Posts: 391
What is the reference to May?
__________________
palomalou is offline   Reply With Quote
Old 02-28-2012, 08:06 AM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
braumeister's Avatar
 
Join Date: Feb 2010
Location: Northern Kentucky
Posts: 8,612
Quote:
Originally Posted by palomalou View Post
What is the reference to May?
Old investing adage:
"Sell in May and go away."

Meaning that it's sometimes better to sit out the summer and buy again in the fall. Doesn't seem to be as good a rule of thumb as it may have been in the past.
__________________
Pas de lieu Rhône que nous.
braumeister is online now   Reply With Quote
Old 02-28-2012, 08:07 AM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 6,334
Stick to the plan.
__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
Old 02-28-2012, 08:17 AM   #14
Recycles dryer sheets
 
Join Date: Dec 2010
Posts: 391
Oh, good. Spouse said a recession was predicted by the end of the year--but didn't say by whom.
__________________
palomalou is offline   Reply With Quote
Old 02-28-2012, 08:37 AM   #15
Full time employment: Posting here.
 
Join Date: Jul 2007
Location: ST LOUIS
Posts: 994
Another good call W2R. I think you should take over Bob Brinker show on the radio I would buy your "newsletter". He gets around $200 each for it just imagine what that would do for your retirement.
__________________
Proverbs 15:22 Designs are brought to nothing where there is no counsel: but where there are many counsellors, they are established.
rec7 is offline   Reply With Quote
Old 02-28-2012, 08:43 AM   #16
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Ed_The_Gypsy's Avatar
 
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,293
Quote:
Originally Posted by palomalou View Post
Oh, good. Spouse said a recession was predicted by the end of the year--but didn't say by whom.
I say depression. By August. Followed by the end of the world. To be announced.
__________________
my bumpersticker:
"I am not in a hurry.
I am retired.
And I don't care how big your truck is."
Ed_The_Gypsy is offline   Reply With Quote
Old 02-28-2012, 08:45 AM   #17
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Ed_The_Gypsy's Avatar
 
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,293
By the way, I am buying. (So I am bipolar!)
__________________
my bumpersticker:
"I am not in a hurry.
I am retired.
And I don't care how big your truck is."
Ed_The_Gypsy is offline   Reply With Quote
Old 02-28-2012, 08:59 AM   #18
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,113
Quote:
Originally Posted by Ed_The_Gypsy View Post
...So I am bipolar! ...
If you bought POLAR a year ago you would be up 29%
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is offline   Reply With Quote
Old 02-28-2012, 09:07 AM   #19
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Ed_The_Gypsy's Avatar
 
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,293
No dividends, Alan. I would be happier with a Polar beer.
__________________
my bumpersticker:
"I am not in a hurry.
I am retired.
And I don't care how big your truck is."
Ed_The_Gypsy is offline   Reply With Quote
Old 02-28-2012, 09:51 AM   #20
Moderator Emeritus
Bestwifeever's Avatar
 
Join Date: Sep 2007
Posts: 16,375
Quote:
Originally Posted by DFW_M5 View Post
And I thought W2R was censored from saying Wh......


We should all click the "report post" button whenever W2R gets giddy like this!
__________________

__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
Bestwifeever 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


Similar Threads
Thread Thread Starter Forum Replies Last Post
Wh... Wh.... Wh(eee!)... Party like it's 1929 W2R FIRE and Money 112 03-15-2012 08:10 PM
Would like thoughts, comments on FIRE F-One FIRE and Money 4 03-06-2012 02:59 PM
More phone "cramming"; this time it's Virgin Mobile Wendy FIRE and Money 12 02-28-2012 11:53 AM
It's about time: open-source software for vehicles Nords Other topics 22 02-26-2012 03:28 PM
Not very young, can I do it? JayNak Young Dreamers 4 02-26-2012 08:38 AM

 

 
All times are GMT -6. The time now is 09:10 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.