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I just received the letter from them about this. Not happy at all that they're moving my individual 401K to this company.....that I've never heard of. Our entire portfolio is with VG, but we're now likely to move everything over to Fidelity. Our HSA is already over there, so this is the...

This is essentially my in-laws. They retired in 1998 and panicked at the worst time....in 2009, and pulled it all out. They managed by being very frugal and some financial assistance from us starting in 2014. As of this year, just my 92 year old father-in-law is left, with about 150K left...

Correct. That's exactly what this was...shorts covering. This isn't over....we haven't bottomed. We got out at 4200....down 8% having been in VBIAX (60/40). We're mid-50s with...hoping to retire in 4-5 years. We've had such an amazing run up to the end of 2021, when the market began to...

We do this for our dogs. I have a 48 lb Airedale and two miniature schnauzers, one 18 lbs and the other 20. I buy the extra-large sized Heartguard. That's super easy because I just cut it in half, give one to my airedale, then cut the other 1/2 in half again....and give one to each...

Yup, and Foxconn in China is not just cutting back on overtime for workers, but also cutting hours and workers altogether due to big dip in demand for iPhones. They brought all of the workers back to catch up with their supply, but now they've caught up, and demand is way down. It's going to...

The Director of the CDC did an interview with the Washington Post today and said that the second round of COVID-19 in the fall/winter could be "far more dire" than round one, as it will coincide with Flu season. The market needs to look a lot further ahead. We got out at a little over 27,000...

This is really the whole deal. Down 35% in a very short period of time. Now back up....what 25%....in a very short period of time. If you think the economy won't take a huge hit over a long period time and we bounce out of this, that makes sense. If, like me, you believe that the market is...

This is a concern of mine. There's an opinion piece on Bloomberg about this today. Title: "Money is Losing its Meaning." https://www.bloomberg.com/opinion/articles/2020-04-15/money-has-no-meaning-anymore?srnd=premium

Not necessarily. In 2007 we got out of the market in early November when the Dow was at 13,600, and sat on the sidelines until January of 2009 when we got back in at 7850. When we moved to a Treasury fund in November of 2007, never did we imagine that we'd be sitting on the sidelines for 14...

"V" won't happen...no way. Big/long "U" at best. Really hoping it's not "L" at this point. Too much damage has already been done. The market seems to have dislocated on what is happening in the real economy...aka....Main Street. Wall Street seems to think that because NY has peaked in new...

I understand your viewpoint. In a perfect world, our state and federal government would have already have sent out stimulus to individuals and small businesses who are unemployed and bleeding money at an unprecedented level. Keep in mind, that if you are even reading the forum on this...

Same. We're in this weird phase with the market, so very similar to the sub-prime/housing bubble shock....where we had that first leg down in the late fall of 2007. Between then and a full year later....sooooo many huge shocks occurred in the market, but it wasn't until October of 2008 when...

We moved out of VBIAX on February 25th....right around 27K on the Dow at the close. Moved all of it to VMFXX. We only just moved everything to VBIAX in mid January because we felt like the market was 10-20% overvalued (pre-pandemic). Prior to that our allocation was very aggressive...85 US...

Exactly right. We can see now, in real time, how hard it is to get the Fed and even the Treasury to effectively get money to Main Street. It's too slow, and will be too late for many. This new 2.3 trillion today...sure, 600 Billion of that is for those businesses that fall between the...

I think it's a smart move to get out with this rally to where we are now. This is a trader's market, not a market for investors. The Pre-Pandemic market was 10-20% overvalued. Now we're back to about 20% down from the highs....with everything that has happened. In no world does that make...

Very true. The general public will get it when it impacts them personally. However, this volatility is to be expected in the markets. The markets traded exactly in this manner during the Great Recession. There was the initial drop, which we've had followed by volatility and some periods...

You didn't ask me, but I can not, for the life of me imagine that we will not retest the lows..and go lower. Sometimes, those of us who are investors, especially people who get very sophisticated in their investment strategies can miss the forest for the trees. When I hear traders talking...

Agree with everything you said. However, keep in mind that the market will turn before the general public catches up to how bad this is. It always does, and will this time as well. Will this be another Great Depression? No, I don't think so. But it surely appears to me to be worse than...

Same. My wife and I didn't work this hard, invest wisely (mostly) to get to the point where we are almost ready to FIRE....to be taken out by some knucklehead in the general public. I will tell you something....I have been absolutely astounded by the level of ignorance and idiocy of many...

You bring up a point that I think is crucial. And that is consumer behavior and sentiment when we get through the first wave of this deadly virus. Yes, there will be some pent-up demand, no doubt. But how many people are jumping on flights? How many going to concerts, to the movies, to...

There's no way this is the bottom. Many of us have been through the dot.com bubble and following recession. We've been through the housing bubble and Great Recession. The happy talk about a "V" out of this thing is over. Now we're hearing a "wide U". I just don't believe it. There is so...

We save 55% of our net, 40% of our gross (We are DINKs, 39 and almost 38 with plans to retire in our early 50s). No debt at all (not even mortgage). It's so nice to see the numbers that folks here are saving. You have no idea just how rare we all are here.....

This is our issue.....we never tend to stay in an area for more than 4 years. And so all of the hassle of buying/selling, closing costs....well, it adds up. Currently, owning our home outright, we're still shellling out nearly 2 grand a month in expenses (not including utilities). We can rent...

No....we'd clear the difference between 370K and what we could sell it for.....somewhere in the mid 500s.

This is how we understood it, and why we are staying the full two years before we close to avoid any issues.