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Old 10-01-2009, 07:56 PM   #21
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Originally Posted by Sevo View Post
whoopee! hang on. !
There's no need to complicate, our time is short..
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Old 10-02-2009, 02:34 PM   #22
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Originally Posted by Ed_The_Gypsy View Post
If this is your retirement pot, stop reading the newspapers and stop watching the news. "Don't just do something, stand there."

I am serious.

I have not backed out of stocks, and my IRA is up about 40% since Feb, even after I had to take money out (out of work). If you like your asset allocation, stick with it or rebalance to what is was a year ago or so.

You haven't lost anything until you sell it.
That sounds like a sound advice. Divide your investments into 3 buckets - one ultra safe investments to fund 7 years of expense, another one for moderate investments (i.e., mixture of conservative stocks and intermediate bonds) for a duration of 7 years, and the final one for risky investments, i.e., REIT, commodities, private equity, emerging market funds, etc. With this approach, you can ignore short-term ups and downs.
May we live in peace and harmony and be free from all human sufferings.
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Old 10-02-2009, 02:44 PM   #23
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Originally Posted by REWahoo View Post
I'd add one thing to what Ed said: get a hobby.
1. Saint's are still winning.

2. The Market will fluctuate.

heh heh heh - I think that's a yes vote. Meanwhile I'm balanced index - stay the course.
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Old 10-02-2009, 02:51 PM   #24
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Yesterday my taxable account, to which I have neither added nor removed any money for months, was MORE than it was three weeks prior.

It would be unrealistic to expect that we could have a run-up like the last one, for more than six month without it coughing a bit and backing up three weeks.
Happily retired since 2009, at age 61.
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