Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 10-12-2008, 05:03 PM   #21
Full time employment: Posting here.
GoodSense's Avatar
 
Join Date: Jul 2007
Posts: 678
After reading this thread, I looked. (Haven't looked for about a month)

Pretty horrible, but since I am in the accumulation phase and the most risky investments are in 401(k) anyway, it doesn't feel that real.

The question is when we should start DCA a little more into the market. My head is telling me now is a good time to start, but my heart is under a cardiac arrest.
__________________

__________________
GoodSense 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 10-12-2008, 05:11 PM   #22
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: 16,446
I've been looking. Every day. It's not pretty. Disbelief maybe, but I still look.

Audrey
__________________

__________________
audreyh1 is online now   Reply With Quote
Old 10-12-2008, 05:32 PM   #23
Thinks s/he gets paid by the post
Rustward's Avatar
 
Join Date: Apr 2006
Posts: 1,572
I look. Don't like to sweep bad news under the rug.
__________________
Rustward is offline   Reply With Quote
Old 10-12-2008, 05:32 PM   #24
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,031
Quote:
Originally Posted by GoodSense View Post
After reading this thread, I looked.
Ditto. I had not looked since last Saturday. It is nasty for sure. Retirement accounts are down about 22% YTD and our net worth has shrunk by 19% YTD despite some pretty substantial inflows. But believe it or not, I thought it was worse. I am glad I looked.
__________________
FIREd is online now   Reply With Quote
Old 10-12-2008, 05:47 PM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 7,431
Quote:
Originally Posted by audreyh1 View Post
I've been looking. Every day. It's not pretty. Disbelief maybe, but I still look.

Audrey
Same here.
__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 10-12-2008, 06:48 PM   #26
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: 16,446
Never mind - some bad data got downloaded, it was more like this:

Friday 10/03/08 - retirement portfolio: -18.01% - ouch.
Friday 10/10/08 - retirement portfolio: -27.37% - WHA HAPPENED!!!!!

Audrey
__________________
audreyh1 is online now   Reply With Quote
Old 10-12-2008, 06:57 PM   #27
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,958
OK, I looked, and was pleasantly surprised. Down 13% since 9/30. Ugly but I can live with that, but we'll see what happens tomorrow/next week. Have people calmed down over the weekend, or will pent up panic rule? Stay tuned...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 10-12-2008, 07:06 PM   #28
Moderator Emeritus
CuppaJoe's Avatar
 
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,866
Received my 3rd qtr. statement from an old account that is done only by snail mail so just today figured 9/30/08 totals, not bad! I figure as of COB on Friday I may be down an amount equal to my cushion but won't figure it exactly until the end of the month. I'm figuring end of months for the first time because I REed at the end of August and want to keep a record now.
__________________
CuppaJoe is offline   Reply With Quote
Old 10-12-2008, 07:16 PM   #29
Thinks s/he gets paid by the post
Rambler's Avatar
 
Join Date: Jul 2007
Posts: 2,243
I look most days...but I don't really need to. I have a good idea what the daily changes do to my port. I seem to be obsessed with re-calculating my standard of living in ER everytime there is a sell-off though. I guess I just want to make sure that DW and I can survive, and I think we can, even if equities go down another 10-15% from their highs...we won't like it, but we could do it if necessary. Flip side is that it seems I'm still important enough at megacorp that I won't likely be out of work anytime soon unless it is by my choice, so we have plenty of room to watch and wait.

R
__________________
Find Joy in the Journey...
Rambler is offline   Reply With Quote
Old 10-12-2008, 07:51 PM   #30
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
TromboneAl's Avatar
 
Join Date: Jun 2006
Posts: 11,194
Quote:
I was more amazed by the fact that I had enough invested to be down by $60k.
I think you get the Look at the Silver Lining prize.
__________________
Al
TromboneAl is offline   Reply With Quote
Old 10-12-2008, 07:52 PM   #31
Thinks s/he gets paid by the post
 
Join Date: Oct 2005
Posts: 4,898
Quote:
Originally Posted by audreyh1 View Post
Never mind - some bad data got downloaded, it was more like this:

Friday 10/03/08 - retirement portfolio: -18.01% - ouch.
Friday 10/10/08 - retirement portfolio: -27.37% - WHA HAPPENED!!!!!

Audrey
That looks very familiar. Not a good sight at all.
__________________
Zoocat is offline   Reply With Quote
Old 10-12-2008, 08:03 PM   #32
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
calmloki's Avatar
 
Join Date: Jan 2007
Location: Independence
Posts: 5,459
Quote:
Originally Posted by Orchidflower View Post
...Calmloki, you might give your sis a head's up that Starbucks is going into the crapper, to put it delicately. $3 coffee just won't cut it in this economy I think.
It's a delicate situation. Older brother know-it-all is my designated role. I practice saying "lots of ways to live a life" & "who can say her style of living won't have been the better one". We're very different - she's a monthly payment vs. my total cost style, she buys lots of new cars and shops with vigor, i don't. I agree that Starbucks is heading down - we bought in close to it's high and sold at a loss a year or more ago. Think i'll mention selling some of our international fund at a loss and buying a replacement cheap and gaining a tax write-off! Maybe she'll get a good idea.
In defense of her hands off one stock approach, i suspect that the biggest gain (and the biggest potential loss) comes from putting all one's chips on one pony. Not my style, though we sure are awful real estate heavy....
__________________
calmloki is online now   Reply With Quote
Old 10-12-2008, 09:07 PM   #33
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
donheff's Avatar
 
Join Date: Feb 2006
Location: Washington, DC
Posts: 8,633
Bad news: we are down enough that some people might consider retiring on that amount.
Good news: same
__________________
Every man is, or hopes to be, an Idler. -- Samuel Johnson
donheff is offline   Reply With Quote
Old 10-12-2008, 09:17 PM   #34
Recycles dryer sheets
mews's Avatar
 
Join Date: May 2008
Posts: 477
I looked.

yeeeks!

It s&cks to see for real what I already knew ...

The bond fund, however, is doing its job. The stock funds, ick, ick, ick, to put it in technical terms.

ta,
mews

who may be w*rking for more than the 5 - 6 years she had hoped.
(I had wanted to bail by 60/62-ish, but hey, earlier than 70 is still 'early retirement', right)
__________________
mews is offline   Reply With Quote
Old 10-12-2008, 10:06 PM   #35
Recycles dryer sheets
Gardnr's Avatar
 
Join Date: Jul 2008
Location: ENE MO - near STL
Posts: 424
Quote:
Originally Posted by calmloki View Post
It's a delicate situation. Older brother know-it-all is my designated role. I practice saying "lots of ways to live a life" & "who can say her style of living won't have been the better one". We're very different - she's a monthly payment vs. my total cost style, she buys lots of new cars and shops with vigor, i don't. I agree that Starbucks is heading down - we bought in close to it's high and sold at a loss a year or more ago. Think i'll mention selling some of our international fund at a loss and buying a replacement cheap and gaining a tax write-off! Maybe she'll get a good idea.
In defense of her hands off one stock approach, i suspect that the biggest gain (and the biggest potential loss) comes from putting all one's chips on one pony. Not my style, though we sure are awful real estate heavy....
OMG! She's going to have a rude awakening and learn a really hard lesson about diversification and LBYM. With the retrenchment that's coming from our debt-fueled consumerist economy to one in which people actually have to spend only what they make (or preferably less), companies like SBUX are going to take a huge hit IMO. (And I do drink SBUX brewed coffee at home, but they've made the bid BUX on those drinks they sell in stores, as we all know.)

I don't know what her total situation is like but I hope she wakes up soon to the new reality, and it's not going to help that's she's bet everything on one stock. She's got plenty of company I'm afraid.
__________________
Gardnr is offline   Reply With Quote
Old 10-13-2008, 03:31 PM   #36
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 16,494
I still haven't looked. It's only a snapshot of one day, or even one moment, and the horizon for withdrawals from the deferred comp and DW's thrift savings accounts are still ten years away. I'll wait for the quarterly paper statement, get a little depressed like I did last time, and try to remember that it goes up more than it goes down.
__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Old 10-13-2008, 04:07 PM   #37
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,013
The TSX is closed today for Thanksgiving, so I have nothing to look at except my US individual stocks. I hope the TSX will go up tomorrow, but since tomorrow is election day, anything could happen!

Heard that Israel's stock market was the only one that didn't tank last week. Why? Closed for the High Holy Days.

See, sometimes it pays to just go away and get a life!

__________________
Meadbh is offline   Reply With Quote
Old 10-13-2008, 04:29 PM   #38
Thinks s/he gets paid by the post
 
Join Date: May 2008
Posts: 2,249
I used to like looking at it when it was growing fast. I looked the other day and it just about ruined my day. I don't need the money yet, so why look at it and get all bent out of shape? So I don't want to look now. I will have to soon to rebalance though....

tmm
__________________
tmm99 is online now   Reply With Quote
Old 10-13-2008, 04:35 PM   #39
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 7,431
I don't mind looking after a day like today.
__________________
Retired 3/31/2007@52
Full time wuss.......
Dawg52 is offline   Reply With Quote
Old 10-13-2008, 04:49 PM   #40
Full time employment: Posting here.
 
Join Date: Apr 2006
Posts: 944
I have not been looking since the bottom fell out -until I decided to take one more "bold"(crazy?) shot at buying more equity on Friday. I decided to re-allocate my IRA to the 70% equities that I want for this part of my portfolio - it represents about 1/3 of my totals.
__________________

__________________
Freed at 49. You only live once - live it
Donzo 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


 

 
All times are GMT -6. The time now is 06:51 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.