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Old 12-21-2010, 03:27 PM   #41
Recycles dryer sheets
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Best move: DW retired!!

Worst move: thinking I had "inside info" from my years as a division CFO for a global corporation plus more years working for several large hi tech firms (traveling/working globally) that somehow I would be able to put all this info to use and successfully trade eur/usd futures contracts.....OH MY that was a very painful and humbling experience
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Old 12-21-2010, 04:20 PM   #42
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Quote:
Originally Posted by Moscyn View Post
Worst: bought 2 China bank stocks which took a slight plunge after hike in interest rate announced. But I am going to hold these long term and think they will come up again next year.
FWIW, my expectations are similar. CCB is one of my top 5 individual stock positions.
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Old 12-21-2010, 04:39 PM   #43
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Worst Move - In March I rebalanced my portfolio while drinking beer in Key West, using a hotel notepad and computer.
Best Move - Didn't do anything else. I was lucky to straighten out most of it in late May and early June when the market dipped a little. I still carry the notepaper in my wallet as a reminder.
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IRA Stuff
Old 12-21-2010, 05:01 PM   #44
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IRA Stuff

I discovered a way to solve the problem that I created years ago when I stated mixing pre-tax and post-tax contributions to my traditional IRA. Turns out that I could separate the pre and post tax monies by transferring the pre-tax portion to my TSP account and the post tax dollars to my Roth. A special exception in the tax code allows the two contibution types to be separated (not prorated). My finances were greatly simplified.
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Old 12-21-2010, 05:21 PM   #45
Recycles dryer sheets
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Best move: Forward contracted 2010 corn for January 2011 delivery.

Worst move: Forward contracted 2010 soy beans for January 2011 delivery.
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Old 12-21-2010, 05:23 PM   #46
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Originally Posted by NW-Bound View Post
They say you cannot take it with you. And if you could, it would burn anyway.


My best move is yet to come, tomorrow hopefully...(no, not retiring).
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Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
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Old 12-21-2010, 06:18 PM   #47
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Well, for people who still insist "to take it with them", I had found and told the following helpful story.

Its funny joke Thursday!
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Old 12-21-2010, 06:36 PM   #48
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I'm surprised so many of these are "bought ABC stock" or "sold XYZ fund"...my best move was not messing around with my existing asset allocation and continuing to invest through payroll 401k contributions.
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Old 12-21-2010, 06:59 PM   #49
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I can't answer for others, but I hold a lot of individual stocks and trade even less frequently than Wellesley which many people here have (Wellesley's portfolio turn-over is about 30% a year).

I trade about 5 to 10% by timing the market and various sectors for fun, while the rest usually stays untouched. A guy needs something to brag about, ya know?

PS. I had higher portfolio turnover in 2008-2009, but most of the trades were in before-tax accounts, hence required no record keeping for tax purposes.
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Old 12-21-2010, 07:57 PM   #50
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Best move: researched (but did not buy) a new car.

Worst move: lost a $10 bill out of a jacket pocket.

It was a dull year, financially!
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Old 12-22-2010, 10:06 AM   #51
Confused about dryer sheets
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Best--We had too much cash lying around in a savings account so we invested 17k in mutual funds for the first time (taxable) and they did quite well this year.

We also allocated our spending money wisely and used it to take trips to Greece, Baltimore, a combined Philadelphia/Lancaster trip, and a weekend at the Greenbrier.

Worst--We probably overspent on home improvements. We had to do an unexpected bathroom overhaul and although my husband did all the work it cost us about $3,500 (and it's a TINY bathroom). We also got a new washer/dryer that we could have waited on.

Oh, and on that trip to Baltimore we bought an antique dining room table on a whim. Now that H's company is down for the year and we haven't gotten his bonus yet (and don't know if we will), we realize we could have used that 2k better.
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Old 12-22-2010, 10:33 AM   #52
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Best decision: I left Fidelity due to high pressure selling techniques. Here's one article I found, but there are many more on the net for those of you who don't believe this happens:
www.InvestmentFraud.PRO: Fidelity Brokers Claim Sales Pressure

Worst decision: Not moving fast enough with that move.
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Old 12-22-2010, 01:26 PM   #53
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.......Worst move: Filling out a FAFSA. What a waste of time.

Right there with ya....although my DD DID keep getting those annoying Gubmint loan papers that could/would saddle her for the rest of her adult life

OK...back on topic....

Best ~ didn't spend any of my stash as I was able to adjust by selling off some of my way too many "things"

Worst ~ aw poop....still holding on to that too big to fail stock....now hoping that Wikileaks won't put it out of business before it actually has a chance to pay decent dividends again
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Old 12-22-2010, 01:57 PM   #54
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Best move: Putting in a new front picture window with some decent thermal qualities. No more drafts.

Worst move: Spending $20 on a nickel slot machine at the local casino, winning enough to get to $130, and not cashing out right then. However.......I walked out with $12.58 net (total of $32.58 less $20 initial stake) at night's end.
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Old 12-22-2010, 02:02 PM   #55
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Best move: NOT buying 99% of the stocks mentioned in the stock analysis area of this forum.

Worst Move: Selling my 6.75% Motorola bonds.............
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This Thread is USELESS without pics.........:)
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Old 12-22-2010, 02:03 PM   #56
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Quote:
Originally Posted by Orchidflower View Post
Best decision: I left Fidelity due to high pressure selling techniques. Here's one article I found, but there are many more on the net for those of you who don't believe this happens:
www.InvestmentFraud.PRO: Fidelity Brokers Claim Sales Pressure

Worst decision: Not moving fast enough with that move.
Like I have posted many times, it is EASY to blame the advisor, and NOT to look behind the mirror sometimes..........
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Old 12-22-2010, 03:36 PM   #57
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Best: further simplifying my portfolio. I'm now down to just 5 equity funds and 2 bond funds. And, as conditions make it sensible to do so, my ultimate goal is to get to 3 stock funds and the 2 bond funds.

Worst: can't really think of one.
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Old 12-22-2010, 05:37 PM   #58
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Best Move: I sold my boat today, that's a good $8K/yr in expenses alone gone (not including the cost of the boat itself). I really enjoyed sailing for 21 years, but no longer justifiable cost wise.

Worst Move: I don't know yet. Not retiring despite FI may prove to be, but not convinced yet...
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Old 12-22-2010, 06:19 PM   #59
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Best Move: sticking to having a budget and tracking expenses. It's comforting to know that I haven't gone over my budgeted total for the year.

Runner-up Best Move: simplifying. I voted for investing in the Vanguard Payout Fund before voting against it. Also decided to no longer "play around" in The Lending Club. Just indexes for me...KISS strategy.

Worst move: Getting a car battery replaced at Wally World.
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Old 12-23-2010, 01:55 AM   #60
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Best: get rid of variable annuity in Roth IRA, which allowed me to cut my last ties to Ameriprise and to buy enough TIPs fund in the Roth IRA I rolled the money into that I arrived at my target AA.

Worst: I think maybe refinancing my house. I reduced my interest rate by two and a half percentage points and my monthly payment by more than $100, but since I rolled the closing costs into the new loan and I'm planning on retiring in 2013, I don't know that I really did myself any good. But I think this is the first relatively large financial decision I made (more or less) completely on my own. I didn't ask my parents what they thought about it first, and I think the info I did seek here was more "how do I do it?" than "should I do it?"
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