|
|
01-02-2009, 03:25 PM
|
#21
|
Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,743
|
NW -15.25% Overall portfolio -27.89%
401 and IRA contributions as well as the mortgage reduction are the difference.
Should recover to end of 2007 levels in 2 years if market returns average 5%.
|
|
|
|
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!
|
01-02-2009, 03:35 PM
|
#22
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,037
|
Income increased with 5.8% COLA, making the survivor pension a much higher "breadwinner" than the TSP-turned-annuity. No surprises there, all going according to plan.
2008 overall portfolio change -24.7 %, a bump in my FIRE highway, but I'm still not blinking.
No radical change in my home value. I still have 100% equity with no plans to move. The local housing market was not affected by national dropoffs, because there never was a bubble here in East Nowhere NY.
Years to recover? As long as it takes. I plan to continue the bonds = age rule, keeping a 50/50 AA +- 5%, and let things continue exactly as I planned before. A simple plan works fine.
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
|
|
|
01-02-2009, 03:44 PM
|
#23
|
Full time employment: Posting here.
Join Date: Jul 2008
Posts: 622
|
My net worth change in 2008 was +50%
Though my net worth wasn't that high in December 2007
|
|
|
01-02-2009, 03:54 PM
|
#24
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,294
|
DH worked last year, so we continued to save. We are down 9.62%. As to when it will get better...I don't have a clue....
__________________
There's no need to complicate, our time is short..
|
|
|
01-02-2009, 03:57 PM
|
#25
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,003
|
Quote:
Originally Posted by bbbamI
As to when it will get better...I don't have a clue....
|
I'm not sure whether this is good news or bad news, but it already has gotten better. The S&P 500 is up ~24% from the November low.
__________________
Numbers is hard
|
|
|
01-02-2009, 04:01 PM
|
#26
|
Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
|
Quote:
Originally Posted by REWahoo
I'm not sure whether this is good news or bad news, but it already has gotten better. The S&P 500 is up ~24% from the November low.
|
Wow. Sure doesn't seem like it.
|
|
|
01-02-2009, 04:02 PM
|
#27
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,202
|
Net worth down 19.2%, but I'm still working and my AA is probably more aggressive than most of the FIRE/SIRE crowd. History suggests projecting how long it will take to "recover" our NW is a waste of time - anything from 1 to 15 years or maybe never. But I'm still sleeping like a baby every night. Been here before, and will be here again.
Anyone who invested aggressively and thought a year like 2008 couldn't happen - has unfortunately learned a hard (but entirely predictable) lesson. 2009 could be as bad or worse...but hopefully we'll stabilize.
__________________
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: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
|
|
|
01-02-2009, 04:10 PM
|
#28
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,294
|
Quote:
Originally Posted by REWahoo
I'm not sure whether this is good news or bad news, but it already has gotten better. The S&P 500 is up ~24% from the November low.
|
Yeah, I guess it is kind of good news. For instance, I update our financial spreadsheet once a month. Last month we were down only $5k instead of five figures from earlier updates.....
__________________
There's no need to complicate, our time is short..
|
|
|
01-02-2009, 04:11 PM
|
#29
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
|
Quote:
Ha-for sure! I'm up $40,000+ today. Won't take too many more until I am well. But one swallow doesn't make a spring, does it?
BTW, when I said-"It may never [recover]"-I didn't mean the markets, I meant my own retirement. As we all know the unceasing drag of living expenses can sink one's porfolio even as market averages recover.
ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
|
|
|
01-02-2009, 06:48 PM
|
#30
|
Recycles dryer sheets
Join Date: Aug 2008
Posts: 155
|
Net worth down 10%, investments down 13%. Part-time consulting accounts for the difference. Also, got lucky -- starting building up cash in fall 2007 -- started DCA'ing back into stocks in late Oct.
House not included -- prices stable here.
|
|
|
01-02-2009, 06:51 PM
|
#31
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
|
Quote:
Originally Posted by Notmuchlonger
Wow. Sure doesn't seem like it.
|
Mostly because if you start at $1000, drop 48% and then come back 24% from the low, you still have (1000 * 0.52 * 1.24) = $644 -- still down 35.6% from the high. The problem is that if you lose X%, you have to come back a lot more than X% to get back to flatline.
In any event, it's nice to see some GREEN year-to-date numbers.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
01-02-2009, 07:10 PM
|
#32
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
|
Quote:
Originally Posted by ziggy29
In any event, it's nice to see some GREEN year-to-date numbers.
|
Well, the year is young, but ...
At close today (1/2/2009),
MF portion at 18% of portfolio, up 2.6%
Stock portion at 31% of portfolio, up 4.6%
MM + I-bond at 51% of portfolio, up 0%
Total : Up 1.9% while DJ up 2.9%, NASDAQ up 3.5%, SP500 up 3.2%.
Is it time to go full-bore from "fear mode" to "greed mode" yet?
PS. In case someone was thinking that I was reporting 2008 gains/losses, I was listing today's return (Year-to-date return !), not 2008 return that was -26% for me.
|
|
|
01-02-2009, 07:32 PM
|
#33
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,067
|
Portfolio down roughly 20%. Really a pisser. Have no idea if I will ever recoup it all.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
|
|
|
01-02-2009, 07:59 PM
|
#34
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
|
Look, S&P500's up 3.2% today. How many days like today does it take for you to get your 20%? Take some meds, and cheer up.
|
|
|
01-02-2009, 08:11 PM
|
#35
|
Full time employment: Posting here.
Join Date: Jul 2008
Posts: 622
|
A drop of 20% requires an increase of 30% within the year to break even with inflation.
|
|
|
01-02-2009, 08:18 PM
|
#36
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
|
Quote:
Originally Posted by Frugality_of_Apathy
A drop of 20% requires an increase of 30% within the year to break even with inflation.
|
This is assuming 5% inflation. Any reason for choosing that amount? With no inflation, a 25% gain would make him flat.
Btw, his drawdown is not unusually large, very likely he will recoup it before long. A person must accept drawdowns if he invests in anything other than short term treasuries and CDs. And, since you introduced inflation into the equation, there are no "safe" investments available at this time which would even break even with 5% inflation.
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
|
|
|
01-02-2009, 09:16 PM
|
#37
|
Full time employment: Posting here.
Join Date: Jul 2008
Posts: 622
|
It's actually 4% inflation.
100 * .8 * 1.3 = 104
And we've been averaging higher than 4% this whole year.
|
|
|
01-02-2009, 10:21 PM
|
#38
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
|
Quote:
Originally Posted by Frugality_of_Apathy
It's actually 4% inflation.
100 * .8 * 1.3 = 104
And we've been averaging higher than 4% this whole year.
|
Well, it's you against the market. The rates being forecasted by t-bonds and tips are very much lower than this.
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
|
|
|
01-02-2009, 10:29 PM
|
#39
|
Full time employment: Posting here.
Join Date: Jul 2008
Posts: 622
|
Quote:
Originally Posted by haha
Well, it's you against the market. The rates being forecasted by t-bonds and tips are very much lower than this.
Ha
|
I'm getting a guaranteed 6.5% return on my investments at the moment. (the old mortgage or market debate)
Oh and by "we've been averaging over 4% all year" I was referring to the CPI inflation rate not my market returns which are actually -6% at the moment.
|
|
|
01-03-2009, 05:09 AM
|
#40
|
Recycles dryer sheets
Join Date: Mar 2008
Posts: 51
|
Last five year returns
2008 -20.8%
2007 14.3%
2006 13.9%
2005 11.9%
2004 19.2%
Total 5 year 2.6%, due to lots of adding of money in last few years, so more recent returns count more.
Net worth up by 3% due to new money in
__________________
Gryffindor
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|