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10-23-2018, 05:38 PM
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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: May 2005
Posts: 17,242
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Just like 2008
I have been looking at my return based on Vangurd's chart of returns...
I was hoping that my 10 year return was going to jump next month as Oct 2008 was about to drop off... BUT, right now it looks like I am going to lose almost as much this month as I did 10 year ago!!! And we still have more than a week to go....
Now, the pct is much less, but in absolute $$$s it is almost the same...
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10-23-2018, 05:48 PM
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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: Mar 2017
Location: City
Posts: 10,351
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There is an old flight training rule regarding failed-engine landings at night:
As you get close to the ground, turn on your landing light. If you don't like what you see, turn it off.
When the market is going up I tend to watch it and smile. When it's going down, I'm a long-term investor, landing light off.
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10-23-2018, 05:57 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Jul 2015
Posts: 1,103
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Quote:
Originally Posted by OldShooter
There is an old flight training rule regarding failed-engine landings at night:
As you get close to the ground, turn on your landing light. If you don't like what you see, turn it off.
When the market is going up I tend to watch it and smile. When it's going down, I'm a long-term investor, landing light off.
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Too funny, I thought I was the only one!
__________________
Living the dream...
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10-23-2018, 07:04 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Jan 2017
Location: Hog Mountian
Posts: 2,077
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Quote:
Originally Posted by OldShooter
There is an old flight training rule regarding failed-engine landings at night:
As you get close to the ground, turn on your landing light. If you don't like what you see, turn it off.
When the market is going up I tend to watch it and smile. When it's going down, I'm a long-term investor, landing light off.
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Another similar thought on this.
Hard landing = you walked away
Crash = RIP
Markets tanks and you sell? See crash.
__________________
Never let yesterday use up too much of today.
W. Rogers
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10-23-2018, 07:16 PM
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#5
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Recycles dryer sheets
Join Date: May 2014
Posts: 412
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I tend to not watch market returns. For instance, I have no idea where the S&P 500 is now relative to the beginning of the year. The one thing I do keep an eye on is my total assets - where are they relative to the date I retired and how does that compare to the level at which I should be worried? In that regard everything is fine, better than fine.
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10-23-2018, 07:55 PM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2016
Location: Colorado
Posts: 8,971
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Unlike a failed engine landing, you have a choice. There are safer options. You can move to them and no one would think less of you. In fact as we age, it’s the prudent thing to do.
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10-23-2018, 08:14 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Oct 2017
Location: Tellico Village
Posts: 2,622
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Quote:
Originally Posted by COcheesehead
Unlike a failed engine landing, you have a choice. There are safer options. You can move to them and no one would think less of you. In fact as we age, it’s the prudent thing to do.
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Try to move when stocks are up vs when they are tanking.....
Re-balancing makes this automatic. No thinking works better for me
__________________
Retired May 13th(Friday) 2016 at age 61.
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10-23-2018, 08:23 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2016
Location: Colorado
Posts: 8,971
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Quote:
Originally Posted by VanWinkle
Try to move when stocks are up vs when they are tanking.....
Re-balancing makes this automatic. No thinking works better for me
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And the point flew completely over your head....
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10-23-2018, 08:36 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Oct 2017
Location: Tellico Village
Posts: 2,622
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Quote:
Originally Posted by COcheesehead
And the point flew completely over your head....
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I think you are right!!
__________________
Retired May 13th(Friday) 2016 at age 61.
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10-23-2018, 08:47 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by Texas Proud
I have been looking at my return based on Vangurd's chart of returns...
I was hoping that my 10 year return was going to jump next month as Oct 2008 was about to drop off... BUT, right now it looks like I am going to lose almost as much this month as I did 10 year ago!!! And we still have more than a week to go....
Now, the pct is much less, but in absolute $$$s it is almost the same...
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Ow, after reading this I looked. More dropping downwards today? For Pete's sake.
Oh well. I'm fine, life goes on. I'll just keep on happily playing with my shiny new laptop computer and not let this spoil my fun. I'll think about it again tomorrow.
__________________
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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10-23-2018, 08:47 PM
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#11
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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: 38,145
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Not here!!!!
__________________
Retired since summer 1999.
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10-23-2018, 08:49 PM
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#12
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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This is like 2008 light . By this point in 2008 I had lost 20% of my stash . This year I have lost 4% .
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10-23-2018, 08:51 PM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by audreyh1
Not here!!!!
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Well, me either but I was still in accumulation phase in 2008, just on the final sprint towards retirement.
__________________
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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10-23-2018, 09:12 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Jan 2013
Posts: 3,413
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Guess I'm going to have to check for specials on 50 pound bags of rice and beans now. No more "Blow that Dough."
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10-23-2018, 09:19 PM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,242
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Quote:
Originally Posted by Moemg
This is like 2008 light . By this point in 2008 I had lost 20% of my stash . This year I have lost 4% .
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I did not check the %s, but I bet I am similar to you...
I had lost over 6 figures 10 years ago and I had been watching as a lot of those bad months were dropping off the 10 year chart... now it looks like I am replacing it with another 6 figure drop...
NOTE: I am NOT worried about my AA and have no plans on moving anything... I just wanted that big red down line to go away!!!
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10-23-2018, 09:19 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: 38,145
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Quote:
Originally Posted by W2R
Well, me either but I was still in accumulation phase in 2008, just on the final sprint towards retirement.
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By Oct 2008 I had huge losses wiping out several years of gains - ultimately March 2009 I was back to what I retired with!
__________________
Retired since summer 1999.
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10-23-2018, 09:25 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: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Big dump in October to down fractionally for the year. Down 22% in ‘08, though peak-to-trough was around 27%.
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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10-23-2018, 11:59 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: Jul 2008
Posts: 35,712
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Why the quick comparison to 2008? The S&P is still above the low in February 2018.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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10-24-2018, 07:20 AM
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#19
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Full time employment: Posting here.
Join Date: Aug 2015
Posts: 550
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As I remember from older discussion about what to do at the Market downturn, there are two philosophies about it: 1 sell most of it and wait until recovery would start in near future, 2. Stay put and eventually the Market will come back and start growth again because frequent selling / buying may lead to permanent losses. Personally I am in second category.
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10-24-2018, 07:22 AM
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#20
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Location: On a hill in the Pine Barrens
Posts: 9,721
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Quote:
Originally Posted by NW-Bound
Why the quick comparison to 2008? The S&P is still above the low in February 2018.
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Maybe some are seeing this picture?
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