Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 02-05-2018, 02:29 PM   #161
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 12,697
I am curious to see how one of our group's favorite funds - PSSSST.....Wellesley has done over the past few days.

Van Total Mkt Idx

Jan 31 - $70.24
02/02 - $68.78 down 2.1%

Welllesly below:

Jan 31 - $27.11
02/02 - $26.78. down 1.2%
__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
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!

Old 02-05-2018, 02:31 PM   #162
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2013
Posts: 5,522
I am not a huge fan of Kramer, but I think he has this part right, "it's just a bunch of idiots punching away on a computer for no good reason". I wish they would focus on percentages as opposed to raw points...I think that would reduce the excessive volatility.
__________________
FIRE'd in 2014 @ 40 Years Old
ExFlyBoy5 is offline   Reply With Quote
Old 02-05-2018, 02:33 PM   #163
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 29,904
Instead of cursing volatility, why not accept the market for what it is, and try to make money off it?
__________________
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
NW-Bound is online now   Reply With Quote
Old 02-05-2018, 02:35 PM   #164
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Aug 2004
Location: Laurel, MD
Posts: 6,085
Quote:
Originally Posted by jazz4cash View Post
The market's fate on Monday and beyond will be determined by the outcome of The Big Game today. I just don't know which team winning will be good for the market.


Ok, figured this out, at least for today.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
jazz4cash is offline   Reply With Quote
Old 02-05-2018, 02:39 PM   #165
Thinks s/he gets paid by the post
38Chevy454's Avatar
 
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 3,181
Quote:
Originally Posted by Chuckanut View Post
This will drive out the nervous Nellies and the get-rich-quick crowd, thus leaving the rest of us with an opportunity to buy at prices that promise a richer future total return.
I agree, let the sky is falling crowd get out while locking in their losses. I'll ride it out. Dow down about 900 (-3.5%) as I type this.

I also believe that the tax cuts and basic strength of the economy will come through and recovery will be fairly quick. Won't predict when the slide down will stop though.
__________________
The advice we're giving you is invaluable, that's why it's free
Experience is a good teacher, but the tuition can get expensive real fast

Semi-Retired 7/1/16: working part-time (60%) for now [4/24/17 changed to 80%]
Retired Aug 2, 2017; age 53
38Chevy454 is offline   Reply With Quote
Old 02-05-2018, 02:41 PM   #166
Full time employment: Posting here.
 
Join Date: Sep 2007
Location: Portland
Posts: 539
Having ready for my up coming retirement (June 30th 2018) - I have 6 figure cash set aside ... hmm buying opportunity?
neihn is offline   Reply With Quote
Old 02-05-2018, 02:42 PM   #167
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Location: Upstate
Posts: 1,746
My post from the other day: http://www.early-retirement.org/foru...ml#post2005193

"I wonder what the reaction would be if we had an old school, no big deal, down 5% day. Imagine the news headlines with Dow Jones down 1300 points."

I guess we will find out.

Bought a little VTI in my son's UTMA account when we were down 1200 on the Dow. Who knows where we will end up at the end of the day. I had put the cash in mid January but was reluctant to invest any (until now).
copyright1997reloaded is offline   Reply With Quote
Old 02-05-2018, 02:42 PM   #168
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
easysurfer's Avatar
 
Join Date: Jun 2008
Posts: 11,171
Almost makes me with I didn't go OTA so I can catch the cable TV coverage .
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
easysurfer is offline   Reply With Quote
Old 02-05-2018, 02:43 PM   #169
Thinks s/he gets paid by the post
 
Join Date: Apr 2005
Location: Midwest
Posts: 2,551
I have been out shoveling snow off and on all day. Aren't they supposed to halt trading at some point? I don't know what "The Rule" on that is.

Erratic Behavior and hunky/chunky volatility often precedes Le Crache. Or maybe this is the necessary reset concomitant with that vertical pulse of the past several weeks
razztazz is offline   Reply With Quote
Old 02-05-2018, 02:43 PM   #170
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Location: Upstate
Posts: 1,746
Quote:
Originally Posted by neihn View Post
Having ready for my up coming retirement (June 30th 2018) - I have 6 figure cash set aside ... hmm buying opportunity?
Maybe, maybe not. Why is it an all or none decision?
copyright1997reloaded is offline   Reply With Quote
Old 02-05-2018, 02:43 PM   #171
Thinks s/he gets paid by the post
 
Join Date: Nov 2011
Posts: 3,441
Anyone that's been waiting to convert some to Roth might pull the trigger today, or perhaps tomorrow will be even better...
GrayHare is offline   Reply With Quote
Old 02-05-2018, 02:44 PM   #172
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Aug 2004
Location: Laurel, MD
Posts: 6,085
Quote:
Originally Posted by flintnational View Post
How can you all remain calm. Its down more than 10% today alone and off 60% from its all time high.



Why didn't someone warn me about bitcoin!


Yeah, Bitcoin pricing in this market shows it's NOT an alternative to traditional markets as claimed by some enthusiasts.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
jazz4cash is offline   Reply With Quote
Old 02-05-2018, 02:46 PM   #173
Thinks s/he gets paid by the post
GravitySucks's Avatar
 
Join Date: Feb 2014
Location: Syracuse
Posts: 3,040
Quote:
Originally Posted by Chuckanut View Post
'
Dilly Dilly?

Good Grief! Does that indicate this market correction means I can only afford Bud Light instead of the craft beer I now drink? Now that would be a big cut in my quality of life.


Say it ain't so.
I'd rather find some part time w**k then drink cheap beer.
__________________
“No, not rich. I am a poor man with money, which is not the same thing"
GravitySucks is offline   Reply With Quote
Old 02-05-2018, 02:47 PM   #174
Thinks s/he gets paid by the post
redduck's Avatar
 
Join Date: Mar 2005
Location: yonder
Posts: 2,851
Quote:
Originally Posted by copyright1997reloaded View Post
Been nibbling today on the down trodden.
That's a terrible way to react to a market downturn.
__________________
When the people shall have nothing more to eat, they will eat the rich--philosopher Jean-Jacques Rousseau
redduck is offline   Reply With Quote
Old 02-05-2018, 02:50 PM   #175
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 12,697
Quote:
Originally Posted by 38Chevy454 View Post
I agree, let the sky is falling crowd get out while locking in their losses. I'll ride it out. Dow down about 900 (-3.5%) as I type this.

I also believe that the tax cuts and basic strength of the economy will come through and recovery will be fairly quick. Won't predict when the slide down will stop though.
Yes.

FWIW, in order to get the returns necessary for things like the 4% rule to work, the equity prices going into the last few days, may not have done the job. OTOH, a good 10-20% correction will help us get those future returns. My 2¢, take what you wish and leave the rest.
__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
Old 02-05-2018, 02:50 PM   #176
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Location: Upstate
Posts: 1,746
Quote:
Originally Posted by razztazz View Post
I have been out shoveling snow off and on all day. Aren't they supposed to halt trading at some point? I don't know what "The Rule" on that is.

Erratic Behavior and hunky/chunky volatility often precedes Le Crache. Or maybe this is the necessary reset concomitant with that vertical pulse of the past several weeks

NYSE Circuit Breaker rules: 7%, 13%, 20% of the SP 500. 7% would result in 15 minute halt, 13% another 15 minute halt, 20% remainder of the day. The exception would be if after 3:25pm, when no trading halt would apply to the 7% or 13% levels.
copyright1997reloaded is offline   Reply With Quote
Old 02-05-2018, 02:52 PM   #177
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 48,179
Looks like a lot of investors unloaded shares of WTF today.
__________________
Numbers is hard

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 02-05-2018, 02:53 PM   #178
Dryer sheet aficionado
 
Join Date: May 2013
Posts: 31
Well, I was going to buy some VTSAX but Vanguard has been crashing and the app is down. Hysteria!
Bert Cooper is offline   Reply With Quote
Old 02-05-2018, 03:00 PM   #179
Administrator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Chicagoland again!
Posts: 35,219
Wow. In just a few days we went from how to spend all the excess

http://www.early-retirement.org/foru...8-a-90646.html
and
http://www.early-retirement.org/foru...-up-90402.html

and now it's I can only afford Bud Light.

Quote:
Originally Posted by Chuckanut View Post
Good Grief! Does that indicate this market correction means I can only afford Bud Light instead of the craft beer I now drink? Now that would be a big cut in my quality of life.
That was quick. To quote Louis Winthorpe III:

Quote:
One minute you're up half a million in soybeans and the next, boom, your kids don't go to college and they've repossessed your Bentley.
Quote:
Originally Posted by REWahoo View Post
Looks like a lot of investors unloaded shares of WTF today.
+1
MichaelB is offline   Reply With Quote
Old 02-05-2018, 03:02 PM   #180
Thinks s/he gets paid by the post
 
Join Date: Jul 2009
Posts: 1,147
Anyone have issues with the Vanguard website this afternoon - starting about 3:30 I was no longer able to access it - at all. Looked its just bombed and would not come back up ...
stephenson is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
T-Theory - Secular Bear Market - Market down into June/July? dex FIRE and Money 8 08-26-2010 06:48 PM
Pay down existing mortgage or save up for big down payment? Andre1969 Young Dreamers 13 04-29-2010 10:05 AM
Housing prices down; Stock Market down; Economy slowing; & the benefits dex FIRE and Money 32 03-16-2007 04:46 PM
How do you deal with a down market day like today? dante60093 FIRE and Money 31 07-17-2004 01:17 PM
Buy House Now w/Low Down or Save Bigger Down? BigMoneyJim Young Dreamers 11 07-14-2004 04:23 PM

» Quick Links

 
All times are GMT -6. The time now is 10:44 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.