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Old 06-25-2013, 08:54 AM   #21
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The sky is falling! The sky is falling!

I'm just happy that I am going backpacking for a month. No more internet access for me for a few weeks.
What you're not going to freak out like the commentators on the financial networks, seem to want folks to do.
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Old 06-25-2013, 09:18 AM   #22
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Eh
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Old 06-25-2013, 03:22 PM   #23
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I prefer a graphic:

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Old 06-25-2013, 03:24 PM   #24
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Ooooooooooo$$$$$$$$$$hit.
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Old 06-25-2013, 05:40 PM   #25
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I checked my Wellesley today : about -$5,000 since I bought it a few weeks ago. Where are those on this forum who have always advised me to take more risks? :-)
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Old 06-25-2013, 05:43 PM   #26
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Right here.

Prediction: you'll get nervous and sell, thus locking in a loss.
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Old 06-25-2013, 05:48 PM   #27
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Ooooooooooo$$$$$$$$$$hit.
We both had the same thought but you found a way to express it
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Old 06-25-2013, 05:54 PM   #28
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I checked,my Wellesley today : about -$5,000 since I bought it a few weeks ago. Where are those on this forum who have always advised me to take more risks? :-)
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Right here.
Raise hand here too.

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Prediction: you'll get nervous and sell, thus locking in a loss.
No, I bet he'll hold and learn.

Oby, you don't see it but the market value of your fixed income holdings has also declined. Because you intend to hold for a long period you're not checking the daily market value. I bet the Wellesley will be worth more than an equivalent amount of CDs 5 years from now.
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Old 06-25-2013, 05:59 PM   #29
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I checked,my Wellesley today : about -$5,000 since I bought it a few weeks ago. Where are those on this forum who have always advised me to take more risks? :-)
It's not a loss until you sell it, right? Check it again when you're about, oh, 60 and see how it looks then.
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Old 06-25-2013, 06:01 PM   #30
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I stocked our Roth IRAs at yesterday's close. Had been planning to do that anyway, so it was a good buying opportunity.
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Old 06-25-2013, 06:11 PM   #31
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This assumption is correct.
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No, I bet he'll hold and learn.

.
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Old 06-25-2013, 06:58 PM   #32
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Raise hand here too.
Toss my hat in also. No, that's not my hat - I'm wearing a baseball cap!
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Old 06-25-2013, 07:32 PM   #33
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I checked my Wellesley today : about -$5,000 since I bought it a few weeks ago. Where are those on this forum who have always advised me to take more risks? :-)
I personally didn't advise you to do anything but you are aware that stock and bond prices fluctuate right? Wellesley is 35 % stocks and this is a time (2008 was another one) when both stocks and bonds go down although if you check, stocks more than bonds. If you are worried and loosing sleep about these little hiccups we have had lately the only thing I can say is sell to your sleeping point. In all probability a decade or two from now this won't even seem like a fart in the fabric of the universe but...
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Old 06-26-2013, 03:49 PM   #34
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Seems like the market is about where it was in May. I remember being happy then.
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Old 06-26-2013, 04:54 PM   #35
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Seems like the market is about where it was in May. I remember being happy then.
The stock market maybe, not so the bond market.
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Old 06-26-2013, 06:02 PM   #36
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Old 06-26-2013, 09:15 PM   #37
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In the south, there were a few bold individual who's last words which were,

" Hey Watch this !! "
I thought it was "Hold my beer and watch this!"
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Old 06-27-2013, 09:02 AM   #38
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"woof"

The downside of a larger portfolio is seeing daily losses that are measured in economy cars. I dropped 17k one day last week. That said, I am willing to allow my portfolio to grow to the point where the volatility is measured in luxury cars. One day. . .
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