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10-27-2008, 10:53 AM
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#1
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Just another day...
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"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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10-27-2008, 10:59 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 49,828
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Quote:
Originally Posted by haha
It gets wearying.
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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...
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Numbers is hard
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10-27-2008, 11:11 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Disturbing as it maybe. It could be worse.
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10-27-2008, 11:23 AM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 36,788
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Quote:
Originally Posted by haha
It gets wearying.
Ha
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Yep - that's the good news! When we are all worn out, it stops!
Audrey
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10-27-2008, 11:31 AM
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#5
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,769
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FTSE is up right now, leaving us with a little less gloom for the moment at least.
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10-27-2008, 11:43 AM
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#6
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Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
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Quote:
Originally Posted by haha
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Just another manic Monday...
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
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10-27-2008, 11:55 AM
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#7
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,326
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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!
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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!
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10-27-2008, 12:00 PM
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#8
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Moderator Emeritus
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
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Quote:
Originally Posted by REWahoo
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...
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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.
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10-27-2008, 12:01 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2003
Posts: 5,105
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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
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10-27-2008, 12:11 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 2,551
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__________________
Only got A dimple, would have preferred 2!
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10-27-2008, 12:15 PM
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#11
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Full time employment: Posting here.
Join Date: Apr 2006
Posts: 944
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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
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10-27-2008, 12:19 PM
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#12
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Full time employment: Posting here.
Join Date: Aug 2006
Location: athens
Posts: 802
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Quote:
Originally Posted by dex
Keep an eye on foreign exchange rate - that is a bright spot for future travel and investment.
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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."
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10-27-2008, 12:23 PM
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#13
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Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
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Quote:
Originally Posted by Want2retire
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! 
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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..."
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10-27-2008, 01:19 PM
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#14
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Moderator Emeritus
Join Date: May 2007
Posts: 12,880
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Quote:
Originally Posted by dex
Keep an eye on foreign exchange rate - that is a bright spot for future travel and investment.
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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.
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10-27-2008, 03:14 PM
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#15
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Full time employment: Posting here.
Join Date: Oct 2002
Posts: 717
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[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.
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10-27-2008, 03:16 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 36,788
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Oh jeeze - another one of those 10 min freefalls at market close! Unbelievable!
Audrey
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10-27-2008, 05:15 PM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 20,650
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Quote:
Originally Posted by Donzo
Eight days until the election ... that effect will be interesting!
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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...
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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)
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10-27-2008, 05:54 PM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,019
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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.
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Retired 3/31/2007@52
Investing style: Full time wuss.
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10-27-2008, 06:15 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Jul 2004
Posts: 1,549
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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.”
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10-27-2008, 06:28 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,228
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Quote:
Originally Posted by Notmuchlonger
Disturbing as it maybe. It could be worse.
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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?
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