Is anyone staying the course?

[Oz investor]

Quote:

Originally Posted by street 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

[Rianne]

Staying the course, go figure. Just shows the market is an independent wild child.

[kgtest]

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.

[Golden sunsets]

Yes. Thank Goodness.

[IMATERP]

I’m green, again, for the year....

Also - got a bit of a bonus in purchasing some RCL near the bottom. [emoji106][emoji106][emoji106][emoji106][emoji106][emoji106][emoji106][emoji106][emoji106][emoji106]

[unclemick]

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.