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Old 05-29-2020, 09:32 PM   #181
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Originally Posted by street View Post
Wow! With all the threads I have been seeing with this pandemic, it seems a lot have sold or got out of markets. I am surprised by the people bailing from the markets.

Just wondering if any have pretty much stayed the course and going to ride it out or even buying more?

I really don't plan on sell or changing my course at this time. I might someday if things straighten out which maybe years from now.

So, is there any other going to hang in there and stay the course?
i would call my choice 'adjusting '
i took some sensible profits but i would have done that anyway just maybe not that week

i took investment cash risk off the table but let the profits run , where sensible to do so , again not unusual for me anytime in the last six years

i DID save a little harder and build up a better cash buffer just in case reasonable opportunities appeared , so is saving harder and trimming spending is changing course i guess i did

i stayed MOSTLY invested because that was always my plan if 'the everything bubble ' burst , that virus was just an unexpected twist , that influenced where i put new investment cash ( i would not have learned so much toward health-care normally )

even now i am still taking the rare sensible profit

apart from new sector bias most would find it difficult to see the changes

BTW i am mentally prepared for a second LARGE drop as wrecked company balance sheets become obvious , and am calmly building that cash buffer once again , but not desperately off-loading assets to do so

are the ones selling smarter than me , maybe .. i guess time will tell
i hold the Australian listed versions of AU ( Anglo Ashanti ) , BHP , and JHG .

You must learn from the mistakes of others. You can't possibly live long enough to make them all yourself.

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Old 06-03-2020, 08:40 AM   #182
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Staying the course, go figure. Just shows the market is an independent wild child.
"Do not go where the path may lead, go instead where there is no path and leave a trail."

Ralph Waldo Emerson
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Old 06-03-2020, 12:39 PM   #183
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Yes during accumulation staying the course with the exception of slowly but surely building up a cash reserve of 2years prior to our FIRE date. This 2 year cash buffer, plus the idea DW may continue to work a year later than me since she is younger than me and still plenty of ambition left will eliminate SOME SORR.

BUT, with 3 kids who knows what the next decade brings. Goal is FIRE in 12 no later, but with college expenses, unknown health and other x factors the journey their might look different tomorrow, next week, next month, next year who knows. I think the idea is to have the plan, and stick to it. It has worked so far for me. OH and ignore all the news, they couldn't tell their a$$ from their elbow.
AA (Stock/Bond/Cash ): 97.5/0/2.5% MIX (Small/Mid/Large): 25/25/50% BLEND(US/Foreign): 100/0%, REIT (Real Estate Equity): ~50% of Assets

FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
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Old 06-05-2020, 11:19 AM   #184
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Yes. Thank Goodness.
"Luck favors the prepared mind"
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Old 06-05-2020, 12:22 PM   #185
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Iím green, again, for the year....

Also - got a bit of a bonus in purchasing some RCL near the bottom.

ER 12/15/2017
Now: Side Hustle(r) Extraordinaire
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Old 06-05-2020, 01:46 PM   #186
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Am I supposed to look? Full auto with a Target Retirement fund since 2006. 26th year of ER and counting.

Ahem that said my RMD executes in Jan and Feb so with this -19 shelter in place stuff the budget for entertainment, travel and dining out has piled up.

Bought a little BRK-b and VT (Total World Stock) index in march. Plan to do some DCA type buying going forward if this virus keeps up for a while.

heh heh heh - mad money to keep the male mind under control. Hope we have a football season this fall.
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