Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 05-12-2020, 03:56 PM   #101
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
street's Avatar
 
Join Date: Nov 2016
Posts: 6,962
Quote:
Originally Posted by rk911 View Post

ooh. ooh. mr kotter! mr kotter!!

havenít sold anything and have been buying mutual funds.
LOL! l like that one a lot! Was one of my favorite shows.
street is online now   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 05-12-2020, 04:05 PM   #102
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 13,212
I'm staying the course. My BIL called the other day for financial advice... before he even had his question out of his mouth I cut him off... told him that he needs to just rebalance when things get out of whack - but stay the course. He laughed because SIL (his wife) had been telling him to pull out cash. He knew what I was going to say - and I beat him to it by not even letting him ask the question. We both chuckled over this.

I did discuss with him whether it made sense to pre-position some cash for an expected relocation home purchase... but he said that's still several years in the future.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
rodi is online now   Reply With Quote
Old 05-12-2020, 04:13 PM   #103
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 13,212
I posted a poll.

https://www.early-retirement.org/for...ml#post2428424
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
rodi is online now   Reply With Quote
Old 05-12-2020, 09:11 PM   #104
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
street's Avatar
 
Join Date: Nov 2016
Posts: 6,962
^ thanks rodi that is great and I voted. That is funny!
street is online now   Reply With Quote
Old 05-13-2020, 07:02 AM   #105
Recycles dryer sheets
 
Join Date: Jun 2017
Location: Cincinnati
Posts: 340
Staying the course. Was up 30% last year so current as of this morning -7% doesn't make me blink and re-enforces the idea of not letting fear cloud your judgement.
__________________
ER Target XXXXX = 2023
Jeffman52 is offline   Reply With Quote
Old 05-13-2020, 09:10 AM   #106
Thinks s/he gets paid by the post
Badger's Avatar
 
Join Date: Nov 2008
Posts: 2,644
Staying the course. I made all my adjustments the end of last year before things went south. Sleeping much better now.



Cheers!
Badger is online now   Reply With Quote
Old 05-13-2020, 11:29 AM   #107
Recycles dryer sheets
 
Join Date: Mar 2016
Location: SoCal
Posts: 352
I retired last year but still see no market risk at all looking 10-15 years down the road. I stayed the course the last 25 years, got 96% in equities and still up over 350%. I got 4 years of expenses in cash now then just let the equities ride.

use the cash for expenses when we see Mr. Bear and fill the cash account when we see Mr. Bull...….easy peasy and getting ready to hunt for tuna in Socal !!!!
targatom2019 is offline   Reply With Quote
Old 05-13-2020, 11:36 AM   #108
Dryer sheet wannabe
 
Join Date: Mar 2018
Posts: 15
yep, I'm not changing anything either ...


If you believe in what you bought why would you sell now ? How is this any different than previous dips ?
__________________
Retired at 59 and blessed to enjoy a good life
2018 is offline   Reply With Quote
Old 05-13-2020, 11:38 AM   #109
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Sunset's Avatar
 
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 13,938
I'm not sure I have 15 yrs left to wait...

I know I would find it disappointing to wait 10 yrs so that I can be back to the level I was at Feb 2020.

However, within our taxable accounts, I'm staying the course as selling has taxation issues if sold a lot.

Within IRA/ROTH I have reduced, or sold calls on some of the market to covert stocks to cash or generate cash (and risk losing the stock at a high price).
__________________
Fortune favors the prepared mind. ... Louis Pasteur
Sunset is offline   Reply With Quote
Old 05-13-2020, 11:52 AM   #110
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
OldShooter's Avatar
 
Join Date: Mar 2017
Location: City
Posts: 8,727
Quote:
Originally Posted by vipertom1970 View Post
Funny I see no market risk at all looking 10-15 years down the road. I stayed the course the last 25 years, got 96% in equities and still up over 350%.
+1

We have over 100 years of market history with a steady upward trend in real dollars. Zigs and zags along the way, admittedly, but a steady trend. It's about as close to a sure thing as we get in this world.

People in the accumulation phase should rejoice at market declines and enjoy the benefits of DCA. People in the withdrawal phase just need a bucket or an AA that protects them from SORR and, ideally, an equity allocation that allows them to benefit somewhat from the trend.

Nothing wrong with people who bail in bad times and buy back in, though. Odds say that they will not do as well as us buy/hold types, but what they do get is avoidance of a possible worst case that is unacceptable to them. But it's kind of like buying insurance, that avoidance is costs them, but hopefully an acceptable amount.
OldShooter is offline   Reply With Quote
Old 05-13-2020, 12:13 PM   #111
Thinks s/he gets paid by the post
Marita40's Avatar
 
Join Date: May 2011
Location: St. Paul
Posts: 1,767
Staying the course. AA 50/50. Plan to retire in December.
Marita40 is offline   Reply With Quote
Old 05-13-2020, 12:34 PM   #112
Recycles dryer sheets
 
Join Date: Mar 2012
Posts: 386
Staying the course. As I have said before in other posts, I am maintaining my exposure to my chosen asset classes. Made a rebalance adjustment in my IRA accounts in March to true things up. I'm somewhere close to 60/40 give or take a point or 2.
__________________
FIRE'd---4/27/2018 @ 54. DW--RE date 03/01/19.
tdv2 is offline   Reply With Quote
Old 05-13-2020, 01:00 PM   #113
Thinks s/he gets paid by the post
 
Join Date: Oct 2019
Posts: 2,676
Staying the course with a little playtime, I sold 15% or 20% on 2-28 and bought it back 3-25. I took advantage of what I thought was a downturn.
I got lucky and it paid off, I bought back two days after the bottom, 17% cheaper than I sold. Actually better than that, but to many details to explain.
I don't know what possessed me at the time, I've been a 35 year Buy and hold guy.

At this moment my AA is 70/30, 70% stocks and a mix of other things, bond, land, cash etc. We are officially retired 19 months.
Time2 is offline   Reply With Quote
Old 05-13-2020, 01:43 PM   #114
Full time employment: Posting here.
 
Join Date: Sep 2008
Posts: 929
Looks good to me...................
Attached Images
File Type: png Untitled1.png (84.4 KB, 76 views)
__________________
"I couldn't wait for success, so I went ahead without it." Ret. 2013 @ 51.
almost there is offline   Reply With Quote
Old 05-13-2020, 02:53 PM   #115
Full time employment: Posting here.
 
Join Date: Aug 2015
Posts: 509
[QUOTE=Time2;2428895]Staying the course with a little playtime, I sold 15% or 20% on 2-28 and bought it back 3-25. I took advantage of what I that was a downturn.




This is a wash sale.
VFK57 is offline   Reply With Quote
Old 05-13-2020, 03:58 PM   #116
Recycles dryer sheets
 
Join Date: Mar 2012
Posts: 386
[QUOTE=VFK57;2428947]
Quote:
Originally Posted by Time2 View Post
Staying the course with a little playtime, I sold 15% or 20% on 2-28 and bought it back 3-25. I took advantage of what I that was a downturn.




This is a wash sale.

You can't say this for certain without more information. Need to know if what was sold on 2-28 was at a loss and if what was purchased back on 3-25 was substantially similar.
__________________
FIRE'd---4/27/2018 @ 54. DW--RE date 03/01/19.
tdv2 is offline   Reply With Quote
Old 05-13-2020, 04:03 PM   #117
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 32,254
Quote:
Originally Posted by 2018 View Post
.... How is this any different than previous dips ?
soon-to-be 15% unemployment vs a peak of 10% unemployment during the Great Recession might be one small difference.
Attached Images
File Type: png Capture.PNG (31.5 KB, 50 views)
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56
pb4uski is offline   Reply With Quote
Old 05-13-2020, 04:12 PM   #118
Thinks s/he gets paid by the post
 
Join Date: Oct 2019
Posts: 2,676
[QUOTE=VFK57;2428947]
Quote:
Originally Posted by Time2 View Post
Staying the course with a little playtime, I sold 15% or 20% on 2-28 and bought it back 3-25. I took advantage of what I that was a downturn.




This is a wash sale.

Not in tax deferred accounts.
Time2 is offline   Reply With Quote
Old 05-13-2020, 04:51 PM   #119
Thinks s/he gets paid by the post
 
Join Date: Dec 2015
Posts: 1,106
ER'd (me - 56, DW - 61) and are sitting at ~20% equities - which is ~20% higher than we'd like at this point.

That said, we're "kinda" staying the course - because when I look at our YTD return numbers, they're ugly. And I was never one to sell low and buy high.

If we get back to Dow 25K, I plan to go to a max of 10% equities.

Pretty sure the virus is going to drive us to Great Depression 2.0 - hope to be totally wrong, but we shall see.

Unfortunately, I was reaching for Yield on our bond funds and have some (OK, too much) Emerging Markets, Foreign Bond, Mortgage-Backed Securities and Corporate Bond funds..I see VBTLX (heavy Treasury allocation) is up YTD, but even my bond funds are down ~10% on average.

Lesson learned on that..
24601NoMore is offline   Reply With Quote
Old 05-15-2020, 08:44 PM   #120
Recycles dryer sheets
 
Join Date: Mar 2012
Location: Virginia
Posts: 104
I pretty much stayed the course but I have bought into the decline a little. I was approx. 50/23/27 at the beginning of this and I'm currently at 56/18/26. I bought bonds for the first time late last year and plan to move more of them back into equities if the market declines significantly from here. Two years from retirement.
Skyward1 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
List your symptoms (early, mid-course, late course, lingering) spncity COVID-19 | Containment Area 20 03-28-2020 06:06 AM
Staying the course? jblack Young Dreamers 61 10-04-2008 09:24 PM
Staying the Course? Midpack FIRE and Money 101 07-28-2008 10:48 AM
Staying the course is a day-to-day struggle azanon Young Dreamers 37 01-17-2006 03:05 PM
Staying the course windedhare Hi, I am... 13 11-07-2004 06:25 PM

» Quick Links

 
All times are GMT -6. The time now is 03:21 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2022, vBulletin Solutions, Inc.