Staying the Course?

[Purron]

Quote:

Originally Posted by cute fuzzy bunny Hey, the days not over yet. Nothing is over until WE decide it is!!! Was is over when the germans bombed pearl harbor?!?

Hey, wait a minute, the Germans didn't bomb Pearl Harbor. Oh, forget about it, he's on a roll8)

[cute fuzzy bunny]

Quote:

Originally Posted by Dawg52 Step up to the plate and buy!

Unfortunately I dont have the mystic ability to make stocks go down.

Its generally when I want nothing to do with buying equities that we've settled to a bottom and things head up.

Not there yet.

[unclemick]

Quote:

Originally Posted by cute fuzzy bunny Unfortunately I dont have the mystic ability to make stocks go down. Its generally when I want nothing to do with buying equities that we've settled to a bottom and things head up. Not there yet.

Ok ok - you all have convinced me to go finish mowing the lawn - I will check back after the market closes and pontificate.

BTW - my I say my Vanguard computer is rebalancing my Target Retirement while I mow - isn't she just a sweetie!

Hope the Norwegian widow doesn't get jealeous - she is trying to gather a little stash together to putz - but not quite yet.

heh heh heh -

[Dawg52]

Quote:

Originally Posted by cute fuzzy bunny Unfortunately I dont have the mystic ability to make stocks go down. Its generally when I want nothing to do with buying equities that we've settled to a bottom and things head up. Not there yet.

Ok, repeat after me.......I hate frigging stocks......I hate frigging stocks.......
keep it going now.......I hate frigging stocks........

[statsman]

Quote:

Originally Posted by Dawg52 Ok, repeat after me.......I hate frigging stocks......I hate frigging stocks....... keep it going now.......I hate frigging stocks........

Hey, we finally lump-summed most of our taxable into Vanguard on Monday. Two decent days blown away by one really bad day, even with a 40/60 portfolio. I don't think there is a safe way to invest these days. I suppose we could have kept the funds in our money market earning 3+%, but I doubt it would stand the test of time for an early retirement.

Damned if we do, damned if we don't.

[windsurf]

Quote:

Originally Posted by statsman Hey, we finally lump-summed most of our taxable into Vanguard on Monday. Two decent days blown away by one really bad day, even with a 40/60 portfolio. I don't think there is a safe way to invest these days. I suppose we could have kept the funds in our money market earning 3+%, but I doubt it would stand the test of time for an early retirement. Damned if we do, damned if we don't.

Whoa!!!! I love this thread b/c it has everything to do with what this list is about. If the fluctuations of "days" are an issue, then the concept of some "years up" and some "down' must be a different religion. Though I don't really look at the philosophy of long term market fatih as a religion but rather as a belief system (like Buddhism which many people think of as a rellgion though it is not).

[unclemick]

Quote:

Originally Posted by windsurf Whoa!!!! I love this thread b/c it has everything to do with what this list is about. If the fluctuations of "days" are an issue, then the concept of some "years up" and some "down' must be a different religion. Though I don't really look at the philosophy of long term market fatih as a religion but rather as a belief system (like Buddism which many people think of as a rellgion though it is not).

'God Looks After Drunkards, Fools and The United States of America.'

Pssst - Wellesley

Still need some lyrics to go with the music Vanguard computers make rebalancing balanced index.

The Norwegian widow says by October( well into the start of regular season) we'll have a better guestimate on the Saint's and stocks.

"Stay the Course." "Hurry up just stand there."

There now - don't we feel more better, all warm and smarmy!

heh heh heh - .

[windsurf]

Amen, Brother! . . . er, I mean, Uncle.

[Disappointed]

(like Buddism which many people think of as a rellgion though it is not).

What is Buddism if not a religion?


mP

[NW-Bound]

Quote:

Originally Posted by Disappointed (like Buddhism which many people think of as a rellgion though it is not). What is Buddhism if not a religion? mP

The way I understand it, Buddhism teaches how one can find enlightenment, and how people can live in harmony, but does not really talk about a Creator of the Universe. So, Buddhism is really a philosophy of life, and does not ask for the answer to the ultimate question "Who is my Creator".

Over time, it evolves into a religion-like, with all the ritual beliefs that are common among its practitioners.

I might be corrected by more knowledgeable members.

Quote:

Originally Posted by cute fuzzy bunny Hey, the days not over yet. Nothing is over until WE decide it is!!!

Well, today 7/24/08 was over with the Dow dropping 283 points!

Quote:

Originally Posted by Dawg52 Step up to the plate and buy!

I was buying, I was buying... $20K worth, a small portion of the cash hoard. Same as several forum members, I have loads of cash, because I unloaded some positions earlier in the year, particularly my wife's megacorp stock in her 401k (a financial co!)

The day started out benignly enough. Several companies reported decent earnings, and even upped their guidance. So, I picked up some that I had sold earlier in the year, such as GR. Slowly, slowly they drifted into the red. When that happens, I have to console myself with the fact that I buy them back at a lower price than when I sold. I didn't make money, just lose less than if I buy-and-hold.

When a good news doesn't prop up stocks, it's BLEAK. I am saying the bearish sentiment is still there. Investors do not believe the company's own outlook.

Quote:

Originally Posted by statsman Hey, we finally lump-summed most of our taxable into Vanguard on Monday. Two decent days blown away by one really bad day, even with a 40/60 portfolio. I don't think there is a safe way to invest these days. I suppose we could have kept the funds in our money market earning 3+%, but I doubt it would stand the test of time for an early retirement. Damned if we do, damned if we don't.

The question is which way would you be more damned.

I still got 50% cash, still looking to slooowly buying back in. This bear market will last a while. I am in no hurry.

[ladelfina]

Those market price charts seem weird to me because they don't count dividends. Dividends used to be a lot higher generally, which makes stocks on those graphs more expensive now than they might appear just based on price.

[cute fuzzy bunny]

That and I was drawing lines on the nasdaq and not the s&p500.

Theres also that thing about companies buying back shares instead of paying the money out in dividends.

[NW-Bound]

Quote:

Originally Posted by ladelfina Those market price charts seem weird to me because they don't count dividends. Dividends used to be a lot higher generally, which makes stocks on those graphs more expensive now than they might appear just based on price.

Use www.investor.msn.com. There, you have a choice of looking at price charts, or much better yet, investment growth assuming you reinvest dividends for either stocks or funds. However, be aware that within the last 2 years, their database started to have errors and omissions. On an investment growth chart, when you see a huge drop of > 3 to 4% a day, particularly near year ends for MF, you can bet their database miss a dividend payout. I know because they miss dividend payouts for some of my MFs.

Other than the MF management sites, is there another site that shows dividend effects?

[ESRBob]

Did I stumble onto a forum of day traders? Better check my cookies.

[HFWR]

Hormones, ESRBob...

That's why I rebalance myself, rather than letting Vanguard's computers do it.

[ziggy29]

Quote:

Originally Posted by ESRBob Did I stumble onto a forum of day traders? Better check my cookies.

Markets dominated by greed and fear (like this one) tend to make a lot of people question their long-term approaches at exactly the wrong time.

[DblDoc]

Quote:

Originally Posted by statsman Hey, we finally lump-summed most of our taxable into Vanguard on Monday. Two decent days blown away by one really bad day, even with a 40/60 portfolio. I don't think there is a safe way to invest these days. I suppose we could have kept the funds in our money market earning 3+%, but I doubt it would stand the test of time for an early retirement. Damned if we do, damned if we don't.

Was it safer when the market was going up?

Its all about risk and reward. Without the former you get none of the latter. As Keynes pointed out it is the duty of investors to, at times, lose money. If we didn't we would all be sitting in MMF's and CD's groaning each month at the latest (cooked) CPI numbers

DD

[rkser]

I am 52 & want to retire at 60, Stocks 55%, Bonds 42%, & Cash 3%.

The idea is to slowly move towards 50% stocks by retirement, and am presently dollar cost averaging in Bond Index Funds.

I wish my portfolio needed Stocks, as A Mother of all sales is going on now. I hope this kind of Market Madness settles down in next 8yrs.

Nice thread

[kumquat]

Quote:

Originally Posted by Purron Hey, wait a minute, the Germans didn't bomb Pearl Harbor. Oh, forget about it, he's on a roll8)

Did you forget the 't' in 't'roll?

[cute fuzzy bunny]

I think he also forgot the 'd' in... douc....ah nevermind.