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Who ordered a slip-n-slide for august?
Old 08-03-2015, 07:06 PM   #1
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Who ordered a slip-n-slide for august?

I am getting peppered... my poor energy stock. My apologies for falling into the "daily dose" doc and looking at the folio daily...meh, posting to ER is cheaper than my psychiatrist...

Did we stop growing or something? We can't blame this in Greece and china...what's going on with these earnings?
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FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
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Old 08-03-2015, 07:22 PM   #2
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stocks go up, stocks go down. Just don't look at your accounts on down days!
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Old 08-03-2015, 07:52 PM   #3
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I did. Needed a summertime sale on equities . No tree grows to the sky.
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Old 08-03-2015, 10:06 PM   #4
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I know, I know...what goes up must come down...but then go back up again right?
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AA (Stock/Bond/Cash ): 99/0/1% MIX (Small/Mid/Large): 50/25/25% BLEND(US/Foreign): 100/0%, (Value/Growth/Blend): X/X/X% REIT (Real Estate Equity): 50% of Assets

FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
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Old 08-04-2015, 07:20 AM   #5
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I think I read somewhere that historically, August is the worst, if not one of the worst months of the year when it comes to the stock market. Looking at my own data, it seems to be about a 50/50 chance that August will finish up.

FWIW, the last time my own spreadsheet showed a serious correction was around that timeframe in 2011. However, in those days my data was a bit spotty and tracked lows and highs, rather than simply the end-of-month total. But I do remember between a new high for myself on 7/7/11, it was down about 10% by 8/8/11. But since I don't know the 7/31 and 8/31 totals, that August could actually have been an up month.

Anyway, starting in September of 2011, I started using the month-end number, so that the monthly comparisons would be more consistent.
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Old 08-04-2015, 07:23 AM   #6
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Originally Posted by Andre1969 View Post
I think I read somewhere that historically, August is the worst, if not one of the worst months of the year when it comes to the stock market.
And in the other corner...

Quote:
Since the Dow Jones Industrial Average DJIA, -0.52% was created in the late 1800s, August has been one of the best-performing months.
Why August gets no respect from investors
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Old 08-04-2015, 07:40 AM   #7
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I never realized that September is historically the worst month of the year. The only two really bad ones that stick in my mind are 2001 and 2008. However, my personal experience is very limited, as I didn't get serious about investing until 1998, and it wasn't until 2005 that I had what I'd consider to be a substantial amount saved up.
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Old 08-04-2015, 08:15 AM   #8
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I know, I know...what goes up must come down...but then go back up again right?
Depends. Markets, and Sectors, yes, but sometimes takes years, NASDAQ 2000 to about 2013 ?............ Individual companies, assuming they don't go BK, not always. Try a 15 year chart on PMCS, or say, BAC , pretty sad.......... You said energy stock,you don't have something that is upstream, do you?
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Old 08-04-2015, 06:32 PM   #9
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Originally Posted by Andre1969 View Post
I think I read somewhere that historically, August is the worst, if not one of the worst months of the year when it comes to the stock market. Looking at my own data, it seems to be about a 50/50 chance that August will finish up.

FWIW, the last time my own spreadsheet showed a serious correction was around that timeframe in 2011. However, in those days my data was a bit spotty and tracked lows and highs, rather than simply the end-of-month total. But I do remember between a new high for myself on 7/7/11, it was down about 10% by 8/8/11. But since I don't know the 7/31 and 8/31 totals, that August could actually have been an up month.

Anyway, starting in September of 2011, I started using the month-end number, so that the monthly comparisons would be more consistent.

Good idea. I capture month-end as well, then I take a snapshot of my AA and positions based off of some quick calcs of all the data. gotta love google sheets.
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FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
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Old 08-04-2015, 06:36 PM   #10
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Originally Posted by Lakewood90712 View Post
Depends. Markets, and Sectors, yes, but sometimes takes years, NASDAQ 2000 to about 2013 ?............ Individual companies, assuming they don't go BK, not always. Try a 15 year chart on PMCS, or say, BAC , pretty sad.......... You said energy stock,you don't have something that is upstream, do you?

I hold a small position in VDE, XOM and DAL. Its about 9% of my total portfolio. I am down a bit but when energy does recover I will sell down to a 5% AA and pick a different sector.
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FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
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