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Old 02-09-2018, 12:46 PM   #481
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... for me as a retiree living off of investments, longer term I’m older, more feeble, and ultimately dead. I don’t care about having the biggest pot when I die, I care more about year to year volatility. I prefer a moderate allocation with good survival characteristics.
I have heirs to leave money to. So, it is not wasted if I leave it behind.

And then, as I described, if my WR is as low as 2.5% (much lower with SS), then my stash should grow. And when it grows, that 2.5% WR will also grow. Still practicing delayed gratification, you might say.

But I do not need to blow any additional dough right now. And my WR can justify 100% stock, and if I have a strong stomach, then what's wrong with the method?

Not saying that's what I will do. Just a mental exercise.
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Old 02-09-2018, 12:47 PM   #482
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I thought bonds were going to rise when the stocks drop.....but why are the bond funds going down (although not as much) as well along with the stock funds?
The bond funds are actually what are causing the stocks to decline. And what the stocks drop big the bond funds do improve a little bit. But lately once stocks settle down, the bond funds start dropping again making the stock market sell off again.

Until this recent interest rate rise settles down its going to be volatile.
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Old 02-09-2018, 12:49 PM   #483
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Unbelievable! The Dow is UP 122 at the moment. (gobbling popcorn)
Shhh....
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So, we've gone from the end of the world to everything is beautiful, and the afternoon isn't even over.
True, the day is not over. No more Wh***, please.
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Old 02-09-2018, 12:53 PM   #484
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Plop plop fizz fizz oh what a relief it is
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Old 02-09-2018, 12:54 PM   #485
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Green green I love green
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Old 02-09-2018, 12:59 PM   #486
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Unbelievable! The Dow is UP 122 at the moment. (gobbling popcorn)
Yeah that was a crazy swing from down >500 to up >200 in an hour! And now closer to break even.

We went immediately from a historical extreme low volatility environment to an extremely high volatility environment!
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Old 02-09-2018, 01:00 PM   #487
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Just saw headline: "Jeff Bezos, Warren Buffett, Bill Gates lose $10B in market plunges...."
Somewhere towards the end of the article it mentions that scrabbler lost three Corollas in market plunges.
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Old 02-09-2018, 01:01 PM   #488
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I have heirs to leave money to. So, it is not wasted if I leave it behind.

And then, as I described, if my WR is as low as 2.5% (much lower with SS), then my stash should grow. And when it grows, that 2.5% WR will also grow. Still practicing delayed gratification, you might say.

But I do not need to blow any additional dough right now. And my WR can justify 100% stock, and if I have a strong stomach, then what's wrong with the method?

Not saying that's what I will do. Just a mental exercise.
Not interested in buying business class airfare yet?

The problem with delaying gratification as you age is you are aging! And the clock is ticking!
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Old 02-09-2018, 01:04 PM   #489
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At this point, I can do a lot more than business class with 2.5%WR + SS. A lot more. I need to get into a new mentality.
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Old 02-09-2018, 01:06 PM   #490
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Morgan & Goldman getting those trading profits in early in the year. Churn baby churn
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Old 02-09-2018, 01:07 PM   #491
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Anybody who did not see this coming is an idiot .
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Old 02-09-2018, 01:10 PM   #492
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Seriously, my wife said that with the difference between coach and business seats, we can help a lot of wretched souls with our donation. And I agree.

That's the mentality that I talked about. It is easier if I had more money.
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Old 02-09-2018, 01:12 PM   #493
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Caught in a dreaded down channel...
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Old 02-09-2018, 01:12 PM   #494
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I lost three riding mowers in this carnage
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Old 02-09-2018, 01:21 PM   #495
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Caught in a dreaded down channel...
No, anyone can see that we are forming an upside-down head and shoulders and will surely have a huge upside breakout in about 4 trading days.
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Old 02-09-2018, 01:30 PM   #496
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Said I should sit on my hands. I will come clean now. Couldn't do that, so this morning I threw another Civic into the jaws of the market.

That's the 3rd time since the rout began. To reduce my sin, I wrote an out-of-the-money covered call out to March 16. The premium is equivalent to a new set of tires for said Civic.

I will not ask you to wish me luck. I know you all do, because if I get hurt you will too.
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Old 02-09-2018, 01:39 PM   #497
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Seriously, my wife said that with the difference between coach and business seats, we can help a lot of wretched souls with our donation. And I agree.

That's the mentality that I talked about. It is easier if I had more money.
Perhaps, but where is the balance? We can all give away most of our money to wretched souls and get by on less. Where does it stop?

Beefed up my DAF last year, but I’ll be giving more later when I’m not able to spend so much on myself because I’m too old to travel or get sick, or whatever.
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Old 02-09-2018, 01:42 PM   #498
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FOMO turned to FOGI. Fear of getting in.
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Old 02-09-2018, 01:44 PM   #499
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I see your Civic & raise you an Accord
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Old 02-09-2018, 01:45 PM   #500
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Into the dreaded down channel
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