|
|
Wh... Wh.... Wh(eee!)... Party like it's 1929
02-27-2012, 10:18 PM
|
#1
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,474
|
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.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
|
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!
|
02-27-2012, 10:29 PM
|
#2
|
Moderator Emeritus
Join Date: May 2007
Posts: 12,894
|
Oh well... I could use another buying opportunity anyways!
|
|
|
02-27-2012, 10:55 PM
|
#3
|
Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
|
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
|
|
|
02-27-2012, 11:21 PM
|
#4
|
Thinks s/he gets paid by the post
Join Date: Nov 2009
Location: SF East Bay
Posts: 4,324
|
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
__________________
Contentedly ER, with 3 furry friends (now, sadly, 1).
Planning my escape to the wide open spaces in my campervan (with my remaining kitty, of course!)
On a mission to become the world's second most boring man.
|
|
|
02-28-2012, 02:17 AM
|
#5
|
Recycles dryer sheets
Join Date: Mar 2006
Posts: 406
|
I guess I'd better postpone my retirement plans, the market will surely crater for another few years now. And I was so close...
|
|
|
02-28-2012, 04:29 AM
|
#6
|
Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,586
|
Quote:
Thanks for the heads up
|
|
|
02-28-2012, 05:12 AM
|
#7
|
Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,199
|
If it's not quite time to sell, I think it's at least time to start taking a few profits.
__________________
I thought growing old would take longer.
|
|
|
02-28-2012, 05:53 AM
|
#8
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,010
|
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
__________________
Retired since summer 1999.
|
|
|
02-28-2012, 06:05 AM
|
#9
|
gone traveling
Join Date: Sep 2003
Location: DFW
Posts: 7,586
|
And I thought W2R was censored from saying Wh......
|
|
|
02-28-2012, 06:17 AM
|
#10
|
gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
|
Quote:
Originally Posted by braumeister
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.
|
|
|
02-28-2012, 06:57 AM
|
#11
|
Recycles dryer sheets
Join Date: Dec 2010
Posts: 445
|
What is the reference to May?
|
|
|
02-28-2012, 07:06 AM
|
#12
|
Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,199
|
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.
__________________
I thought growing old would take longer.
|
|
|
02-28-2012, 07:07 AM
|
#13
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,173
|
Stick to the plan.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
|
|
|
02-28-2012, 07:17 AM
|
#14
|
Recycles dryer sheets
Join Date: Dec 2010
Posts: 445
|
Oh, good. Spouse said a recession was predicted by the end of the year--but didn't say by whom.
|
|
|
02-28-2012, 07:37 AM
|
#15
|
Thinks s/he gets paid by the post
Join Date: Jul 2007
Location: St. Louis
Posts: 1,563
|
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.
|
|
|
02-28-2012, 07:43 AM
|
#16
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,588
|
Quote:
Originally Posted by palomalou
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.
__________________
I have outlived most of the people I don't like and I am working on the rest.
|
|
|
02-28-2012, 07:45 AM
|
#17
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,588
|
By the way, I am buying. (So I am bipolar!)
__________________
I have outlived most of the people I don't like and I am working on the rest.
|
|
|
02-28-2012, 07:59 AM
|
#18
|
Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,056
|
Quote:
Originally Posted by Ed_The_Gypsy
...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
Enough private pension and SS income to cover all needs
|
|
|
02-28-2012, 08:07 AM
|
#19
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,588
|
No dividends, Alan. I would be happier with a Polar beer.
__________________
I have outlived most of the people I don't like and I am working on the rest.
|
|
|
02-28-2012, 08:51 AM
|
#20
|
Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
|
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
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|