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11-01-2007, 07:01 PM
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#201
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 44,390
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 Quote:
Originally Posted by megacorp-firee
It looks like a double scotch day to me ... I think I will need to 'hide my head in the sand' keep to my buy and hold plans.
... but been there .. done that.
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Strangely, my Roth IRA balance was lower six days ago. Can't check my TSP for another 10 hours or so.
I had been planning on buying a little VFINX with my taxable money anyway, so I just did that. I suppose it is probably too late for Vanguard to do it before it goes back up, though. 
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11-01-2007, 07:03 PM
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#202
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Thinks s/he gets paid by the post
Join Date: Nov 2006
Location: Bossier City
Posts: 2,183
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Ohhhhhhhh......my achin' TSP! 
__________________
“Change is the law of life. And those who look only to the past or present are certain to miss the future.”
-John F. Kennedy
“Hard work never killed anybody, but why take a chance?” - Edgar Bergen
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11-01-2007, 07:12 PM
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#203
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,767
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Quote:
Originally Posted by HFWR
Perhaps this is a good time to reconcile one's theoretical tolerance for volatility with reality...
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We were up more yesterday than we were down today.
I find that I enjoy the upward volatility more than the downward!
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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11-01-2007, 07:12 PM
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#204
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 44,390
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Oh, thanks! I forgot that we can get share prices before we get our account balances.
Looks like my TSP is not doing too badly, thank goodness. I have 40% G fund, to reduce volatility since I am just 2 years from ER. So, I lost less than 2%.
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11-01-2007, 07:38 PM
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#205
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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: 8,657
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Quote:
Originally Posted by Nords
I find that I enjoy the upward volatility more than the downward!
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No $h!t. Down 1.2% today. Financials hurt me.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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11-01-2007, 08:42 PM
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#206
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Thinks s/he gets paid by the post
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,396
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We are -1.32%.
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11-01-2007, 09:20 PM
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#207
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Thinks s/he gets paid by the post
Join Date: Nov 2005
Location: North of Montana
Posts: 2,754
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Last checked NW on Sept. 30. Next check Dec. 31. Less stress this way. Your results may vary. Enjoy!
__________________
There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
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11-02-2007, 09:36 AM
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#208
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 1,304
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Either I'm getting immune to these rollercoaster drops corrections or maybe the 'bucket methodology' is working. I am sleeping fine.:confused:
__________________
Life is GREAT!
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11-02-2007, 09:57 AM
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#209
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
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Quote:
Originally Posted by megacorp-firee
Either I'm getting immune to these rollercoaster drops corrections or maybe the 'bucket methodology' is working. I am sleeping fine.:confused:
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I had a good bit of stress in the August implosion (much of which was job-related, in fairness), but am not too terribly concerned now. I was wondering why, and I think its a combination of the job stress being reduced a bit (junk market stopped imploding), seeing that most company managements have adjusted to the newly topsy turvy world, and knowing that the Fed is on the job helps a lot, too.
Personally, if I ran the Fed, I would have cut 50BP in August and 50BP in September. Bernanke was too slow to react, IMO.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
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11-02-2007, 10:04 AM
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#210
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 44,390
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Quote:
Originally Posted by megacorp-firee
Either I'm getting immune to these rollercoaster drops corrections or maybe the 'bucket methodology' is working. I am sleeping fine.:confused:
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Me, too. For once, I am among those who can cheerfully say that I took advantage of the correction to buy (though I had planned to do it this week anyway).
I noticed that the market is going down again today, and I'm embarrassed to say that I'm glad -- since I don't think Vanguard has completed my transaction yet, buying VFINX (500 index) using VMMXX (prime money market) to fund it. I arranged it online last night at 8:50, but I don't really know how long they will take to actually complete the purchase. Maybe it will be Monday morning.
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11-02-2007, 11:48 AM
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#211
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 2,845
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Quote:
Originally Posted by Want2retire
I noticed that the market is going down again today, and I'm embarrassed to say that I'm glad -- since I don't think Vanguard has completed my transaction yet, buying VFINX (500 index) using VMMXX (prime money market) to fund it. I arranged it online last night at 8:50, but I don't really know how long they will take to actually complete the purchase. Maybe it will be Monday morning.
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We bought this morning, and Vanguard says the trade date will be Monday (should be the price at the end of the day, since it is a mutual fund). When you do your transaction on-line, they always tell you what the trade date will be. Yours might be the end of today since you got it in before 10 p.m. last night (I think that's the cut-off for next day trades).
We always kinda hope for a "down day" when we put in a buy order, too. Sometimes we luck out, sometimes we don't. 
__________________
simple girl
less stuff, more time
(52, married; Mr. Simple Girl, 56. I am semi-retired as of 2015 (occasional part-time self-employment), Mr. Simple Girl is fully retired as of 12/31/19!)
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11-02-2007, 01:52 PM
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#212
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 44,390
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Quote:
Originally Posted by simple girl
We bought this morning, and Vanguard says the trade date will be Monday (should be the price at the end of the day, since it is a mutual fund). When you do your transaction on-line, they always tell you what the trade date will be. Yours might be the end of today since you got it in before 10 p.m. last night (I think that's the cut-off for next day trades).
We always kinda hope for a "down day" when we put in a buy order, too. Sometimes we luck out, sometimes we don't. |
Looks like the market is flat today anyway, so it probably won't matter one way or another. Next time I will look for that date! Thanks for the tip.
It's nice to learn that 10 p.m. is the cut-off for next day trades. Thanks for that info, which is good to know! I saved the page with the confirmation number, assuming it would have the expected transaction date on it, but that would be too sensible.
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11-02-2007, 08:07 PM
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#213
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 1,304
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__________________
Life is GREAT!
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11-02-2007, 08:11 PM
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#214
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 44,390
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Quote:
CONGRATULATIONS!!! Sounds like ER really agrees with you.
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11-07-2007, 04:00 PM
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#215
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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: 8,657
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Dow down 360. Not gonna look at my brokerage account until middle of December. Probably do some selling then to take some losses against gains already booked. These kind of days are getting old.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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11-07-2007, 04:03 PM
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#216
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Thinks s/he gets paid by the post
Join Date: Mar 2007
Location: Nebraska
Posts: 1,541
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...and somewhat scary.
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11-07-2007, 04:43 PM
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#217
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,767
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Quote:
Originally Posted by happy2bretired
...and somewhat scary.
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The market sure did hammer our indexes today, but we're still eking out a 7.9% gain YTD. Wish we felt comfortable putting more of our cash into this buying opportunity.
But diversification seems to be doing its job. Would this be a bad time to point out that Berkshire Hathaway just closed above $135K/share ($4500 per "B" share) for the first time and is up nearly 23% YTD, with all of that gain being made in the last 3+ months?
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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11-07-2007, 05:03 PM
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#218
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Thinks s/he gets paid by the post
Join Date: Aug 2002
Posts: 1,322
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Quote:
Originally Posted by Nords
Would this be a bad time to point out that Berkshire Hathaway just closed above $135K/share ($4500 per "B" share) for the first time and is up nearly 23% YTD, with all of that gain being made in the last 3+ months?
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Ahh... yes.
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11-07-2007, 05:37 PM
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#219
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 44,390
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I'll say. Take my eyes off the market for one day, and look what happens!  I just found out a minute ago.
I think it's important to remind myself that the Dow only lost 2.4% today, after a solid gain yesterday. 360 points sounds like a lot, but it really isn't compared with 13300 points.
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11-07-2007, 06:00 PM
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#220
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Thinks s/he gets paid by the post
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,396
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Yea, it's getting more scary. Our portfolio value declines 2.36% from 10/31. DW says that we should consider getting out of the market.
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