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Anybody else get kicked out of the club?
05-01-2009, 03:33 AM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2006
Posts: 7,733
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Anybody else get kicked out of the club?
What club you may ask?
"I lost a million dollars in the market club", of course.
I got close to losing membership at the end of March, but April brought me comfortable out of the club. I have never been so happy to be dumped in my life 
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05-01-2009, 03:58 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Jul 2007
Posts: 2,487
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 Quote:
Originally Posted by clifp
What club you may ask?
"I lost a million dollars in the market club", of course.
I got close to losing membership at the end of March, but April brought me comfortable out of the club. I have never been so happy to be dumped in my life |
Things are looking up, but alas I am still a member of the club, if we are talking unrealized losses. Never was a member of the million plus realized losses club.
R
__________________
Find Joy in the Journey...
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05-01-2009, 04:34 AM
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#3
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Full time employment: Posting here.
Join Date: Nov 2008
Location: Harrogate, UK
Posts: 921
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I wish. I plan on retiring in 2 more years and will have a little over a half-mil......that plus a small pension will do it for me at 54.
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05-01-2009, 07:22 AM
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#4
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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I was never in that club either (thank goodness!), but I share your joy in the market's partial recovery during the past two months!
Finally, it seems like we are making some progress. Let's hope that this year is not one to demonstrate the advisability of "Sell in May and go away".
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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05-01-2009, 07:34 AM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
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I was close for awhile, but I figure there is still a chance.
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05-01-2009, 07:47 AM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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You guys must not be very good at hedging your portfolios! I was almost $800,000 away from joining this awful sounding club. 
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05-01-2009, 08:01 AM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Quote:
Originally Posted by clifp
What club you may ask?
"I lost a million dollars in the market club", of course.
I got close to losing membership at the end of March, but April brought me comfortable out of the club. I have never been so happy to be dumped in my life |
Don't stress; they may take you back before too long. 
Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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05-01-2009, 08:10 AM
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#8
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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
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Quote:
Originally Posted by clifp
What club you may ask?
"I lost a million dollars in the market club", of course.
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Never had a million to lose, but 18 months ago I was a member of the "half million in investments" club. That membership was revoked last September.
__________________
"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)
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05-01-2009, 08:15 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Feb 2006
Posts: 1,183
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Got over halfway there and decided that it was a membership I could pass on! Turned around and started to run as fast as I could to get away!
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05-01-2009, 09:15 AM
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#10
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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
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Overall net worth was sorta kinda close...but strictly based on market investments? Someday in my wildest dreams... 
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
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05-01-2009, 09:28 AM
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#11
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Thinks s/he gets paid by the post
Join Date: Nov 2005
Location: North of Montana
Posts: 2,769
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Maybe, depends on time frames. If you use the market high of Oct. 07, I'm out of the club. If you use my personal high of June 08, I'm still paying dues.
__________________
There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
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05-01-2009, 09:29 AM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,296
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Quote:
Originally Posted by clifp
What club you may ask?
"I lost a million dollars in the market club", of course.
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I was a member of the "trying to hang on to a million dollars club". I hung on but barely....things are looking up now.... 
__________________
There's no need to complicate, our time is short..
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05-01-2009, 10:00 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Apr 2008
Posts: 2,024
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You must have a really good portfolio amount to be able to lose $1M. OTOH, if we were to add the value of our home into the equation, I suppose some might have gotten closer than they think.
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05-01-2009, 10:16 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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So since this question has never been asked...
Should you include your home value in your net worth?
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05-01-2009, 10:33 AM
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#15
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Full time employment: Posting here.
Join Date: Feb 2008
Posts: 920
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Quote:
Originally Posted by Notmuchlonger
Should you include your home value in your net worth?
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Is it cheaper to rent or own?
Take SS now or wait?
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05-01-2009, 11:19 AM
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#16
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gone traveling
Join Date: May 2008
Posts: 3,864
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Quote:
Originally Posted by tiuxiu
is it cheaper to rent or own?
Take ss now or wait?
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4% swr ?
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05-01-2009, 11:22 AM
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#17
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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
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Quote:
Originally Posted by tiuxiu
Is it cheaper to rent or own?
Take SS now or wait?
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Lump sum pension payout or annuitized income stream?
Pay off debt or invest?
Paper or plastic?
Ginger or Mary Ann?
__________________
"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)
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05-01-2009, 11:25 AM
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#18
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Quote:
Originally Posted by ziggy29
Lump sum pension payout or annuitized income stream?
Pay off debt or invest?
Paper or plastic?
Ginger or Mary Ann?
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Easy... Ginger AND Mary Ann!
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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05-01-2009, 12:02 PM
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#19
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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
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Quote:
Originally Posted by HFWR
Easy... Ginger AND Mary Ann!
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All right, then, I guess I should have said:
Ginger XOR Mary Ann?
__________________
"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)
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05-01-2009, 12:03 PM
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#20
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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Quote:
Originally Posted by HFWR
Easy... Ginger AND Mary Ann!
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In series or parallel? Or perpendicular?
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