Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Just another day...
Old 10-27-2008, 10:53 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
Just another day...

Hong Kong Falls 12.7% | Nikkei at 26-Year Low
Europe Shares Slide | Yen, Dollar Climb
Oil Falls Below $63 a Barrel
Econ: Fears of a Deep Eurozone Recession

It gets wearying.

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha 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 10-27-2008, 10:59 AM   #2
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: 49,828
Quote:
Originally Posted by haha View Post
It gets wearying.
Yep. Screw it.

I'm loading up the RV for a 10 day road trip. Figure I can worry myself sick over something I can't control or get on with enjoying life. I'm taking door #2...
__________________
Numbers is hard
REWahoo is offline   Reply With Quote
Old 10-27-2008, 11:11 AM   #3
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
Disturbing as it maybe. It could be worse.
Notmuchlonger is offline   Reply With Quote
Old 10-27-2008, 11:23 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 36,788
Quote:
Originally Posted by haha View Post
It gets wearying.

Ha
Yep - that's the good news! When we are all worn out, it stops!

Audrey
audreyh1 is online now   Reply With Quote
Old 10-27-2008, 11:31 AM   #5
Moderator Emeritus
Bestwifeever's Avatar
 
Join Date: Sep 2007
Posts: 17,769
FTSE is up right now, leaving us with a little less gloom for the moment at least.
Bestwifeever is offline   Reply With Quote
Old 10-27-2008, 11:43 AM   #6
Gone but not forgotten
Khan's Avatar
 
Join Date: Aug 2006
Posts: 6,924
Send a message via AIM to Khan
Just another manic Monday...
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
Khan is offline   Reply With Quote
Old 10-27-2008, 11:55 AM   #7
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 47,326
The Dow is up 111 points at this moment... we have had worse days!

Of course, this day isn't over yet.

I am not worried, but intend to stay informed. I have a lot of cushion and if the bottom drops out completely, and I have none left, then I will ER anyway and give new and deeper meaning to LBYM.

There's only so much of the w*rking world that can be endured in one lifetime. 376 more days and not one second longer!
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.

Happily retired since 2009, at age 61. Best years of my life by far!
W2R is online now   Reply With Quote
Old 10-27-2008, 12:00 PM   #8
Moderator Emeritus
Rich_by_the_Bay's Avatar
 
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
Quote:
Originally Posted by REWahoo View Post
Yep. Screw it.

I'm loading up the RV for a 10 day road trip. Figure I can worry myself sick over something I can't control or get on with enjoying life. I'm taking door #2...
Atta boy.
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.

As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
Rich_by_the_Bay is offline   Reply With Quote
Old 10-27-2008, 12:01 PM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
dex's Avatar
 
Join Date: Oct 2003
Posts: 5,105
Keep an eye on foreign exchange rate - that is a bright spot for future travel and investment.
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
dex is offline   Reply With Quote
Old 10-27-2008, 12:11 PM   #10
Thinks s/he gets paid by the post
Gotadimple's Avatar
 
Join Date: Feb 2007
Posts: 2,551
Quote:
Originally Posted by Want2retire View Post
There's only so much of the w*rking world that can be endured in one lifetime. 376 more days and not one second longer!
Right On!

-- Rita
__________________
Only got A dimple, would have preferred 2!
Gotadimple is offline   Reply With Quote
Old 10-27-2008, 12:15 PM   #11
Full time employment: Posting here.
 
Join Date: Apr 2006
Posts: 944
Gotta stop looking -- this mess could go on for several more months.

Eight days until the election ... that effect will be interesting!
__________________
Freed at 49. You only live once - live it
Donzo is offline   Reply With Quote
Old 10-27-2008, 12:19 PM   #12
Full time employment: Posting here.
tightasadrum's Avatar
 
Join Date: Aug 2006
Location: athens
Posts: 802
Quote:
Originally Posted by dex View Post
Keep an eye on foreign exchange rate - that is a bright spot for future travel and investment.
Great point! After a trip to Scotland last March I canceled a trip to Italy and went to Costa Rica instead, mostly due to the lack of value in the dollar. I'm now looking with renewed interest toward Europe next Spring. We'll see how it goes.
__________________
Can't you see yourself in the nursing home saying, " Darn! Wish I'd spent more time at the office instead of wasting time with family and friends."
tightasadrum is offline   Reply With Quote
Old 10-27-2008, 12:23 PM   #13
Gone but not forgotten
Khan's Avatar
 
Join Date: Aug 2006
Posts: 6,924
Send a message via AIM to Khan
Quote:
Originally Posted by Want2retire View Post
The Dow is up 111 points at this moment... we have had worse days!

Of course, this day isn't over yet.

I am not worried, but intend to stay informed. I have a lot of cushion and if the bottom drops out completely, and I have none left, then I will ER anyway and give new and deeper meaning to LBYM.

There's only so much of the w*rking world that can be endured in one lifetime. 376 more days and not one second longer!
I just don't care.
I'm still spending less than my (partly COLA) pension (~$30,000 gross).
Much of my portfolio is in cash/bonds (CD ladder starts 'maturing' this December).
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
Khan is offline   Reply With Quote
Old 10-27-2008, 01:19 PM   #14
Moderator Emeritus
 
Join Date: May 2007
Posts: 12,880
Quote:
Originally Posted by dex View Post
Keep an eye on foreign exchange rate - that is a bright spot for future travel and investment.
I have heard one European analyst predicting dollar/Euro parity in 6 months. That would be great news for me. I go to Europe several times a year, spend a a fair bit of money in Europe and help my mom financially with her bills (in euros), so the latest development have considerably lowered some of my expenses compared to last year. I hope it continues. I have been looking into buying a condo in Europe for years but with the weak dollar and the hot RE market there, the conditions were not right. If we go back to parity and with European RE inventories currently soaring, I think we will have a near perfect timing for scooping up a good deal.
FIREd is offline   Reply With Quote
Old 10-27-2008, 03:14 PM   #15
Full time employment: Posting here.
 
Join Date: Oct 2002
Posts: 717
[quote=Want2retire;738240]The Dow is up 111 points at this moment... we have had worse days!

Of course, this day isn't over yet. . . . /quote]

Just to put closure on this statement for those who may read this thread in the future: DOW -203 at the close . . . most of the fall was in the last 5 minutes.
__________________
Random Reinforcement is Highly Addictive.
riskadverse is offline   Reply With Quote
Old 10-27-2008, 03:16 PM   #16
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 36,788
Oh jeeze - another one of those 10 min freefalls at market close! Unbelievable!

Audrey
audreyh1 is online now   Reply With Quote
Old 10-27-2008, 05:15 PM   #17
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: NC
Posts: 20,650
Quote:
Originally Posted by Donzo View Post
Eight days until the election ... that effect will be interesting!
That it will.

This is wearing us all down to some extent I am sure. Guess the bright side is it won't take much upside for us to change our (relative) outlooks positive. Hope...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
Midpack is online now   Reply With Quote
Old 10-27-2008, 05:54 PM   #18
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,019
Oh well, even with my reduced portfolio, I'm still in good shape on my w/d rate. Just enjoying a cheap old bastard lifestyle. Although I did spend $115 on a frigging passport and photo today. Plan to get away next year on a trip and enjoy a little of what I have left in the piggy bank.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
Dawg52 is offline   Reply With Quote
Old 10-27-2008, 06:15 PM   #19
Thinks s/he gets paid by the post
 
Join Date: Jul 2004
Posts: 1,549
The value of the dollar here in Europe has increased in the one week since I've been here - it definitely makes purchases on the economy much better. Actually, here in Germany there are some great stores (Aldi-sud and PennyMarkt) that have *great prices* on food stuffs as compared to the American market. One just has to know what to buy on the economy versus at the "post." When I lived here before, I used to buy on the economy all the time - going local some would say.

Examples: drinkable yogurt at post is $1.25 - at PennyMarkt - 0.79 Euro - even with Dollar at 0.75 Euro, that's $1.06 for the yogurt; fresh broccoli - .89 Euro for a kilo - that's cheap! I couldn't find fresh brocolli for that price in CA! Onions are dirt cheap....now, automobile gas and heating oil are atrociously expensive, but mass transit is cheap.

In any case, I'll be happy with the dollar value increasing....I saw more Europeans in SF and NY this last month than ever before - they were on shopping junkets due to the weak dollar - guess that might change....
__________________
Deserat aka Bridget
“We sleep soundly in our beds because rough men stand ready in the night to visit violence on those who would do us harm.”
deserat is offline   Reply With Quote
Old 10-27-2008, 06:28 PM   #20
Thinks s/he gets paid by the post
Goonie's Avatar
 
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,228
Quote:
Originally Posted by Notmuchlonger View Post
Disturbing as it maybe. It could be worse.
Yeah, it could be far worse......I could still be working.......YUCK!

They (whoever the heck 'they' are) say that it's always darkest before the dawn....so, is it almost morning yet?
Goonie 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
The new baby is home!! St.Patty's Day is his B-Day!! thefed Other topics 20 03-21-2008 04:48 PM
My last day shorttimer Life after FIRE 11 06-16-2006 06:17 PM
What will the first day be like? setab Life after FIRE 28 02-23-2006 07:13 PM
Staying the course is a day-to-day struggle azanon Young Dreamers 37 01-17-2006 03:05 PM
Your day to do it dex Other topics 7 08-26-2004 12:19 AM

» Quick Links

 
All times are GMT -6. The time now is 05:21 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.