47
Recycles dryer sheets
Someone mentioned what if some pundit said sell everything in 2007..
The best thing that happened to me.. actually I should put that in the active voice -- the best that I did in the past decade was to quit watching CNBC. Actually I completely cut my cable and made do with OTA channels for sports and Netflix/hulu/online etc. for everything else. It's been such a blessing to my health and most importantly to my portfolio.
I went through the entire 2008 melt-down as if nothing happened. You can call it inertia, lack of options, ostrich attitude, wishful thinking, or even stupidity.
I'd quit full-time in 2004. I'd indexed everything, I was comfortable with my AA, and some income trickling in along with portfolio generated investment income that I could easily hold on for a couple of years by hunkering down. It's not like I wasn't aware of what was going on. I was following the market on a daily basis -- sometimes even two or three times a day -- But never with a lump in my throat but in a strangely emotionally detached way.
I never sold ANYTHING. NOTHING during the melt-down.
If I'd panicked, I would have been cooked for life.
Now, I cannot bear to watch CNBC even for a minute with that scrolling tickers crisscrossing the screen, with your own Rorschach test of pundits.
I am never going back.
The best thing that happened to me.. actually I should put that in the active voice -- the best that I did in the past decade was to quit watching CNBC. Actually I completely cut my cable and made do with OTA channels for sports and Netflix/hulu/online etc. for everything else. It's been such a blessing to my health and most importantly to my portfolio.
I went through the entire 2008 melt-down as if nothing happened. You can call it inertia, lack of options, ostrich attitude, wishful thinking, or even stupidity.
I'd quit full-time in 2004. I'd indexed everything, I was comfortable with my AA, and some income trickling in along with portfolio generated investment income that I could easily hold on for a couple of years by hunkering down. It's not like I wasn't aware of what was going on. I was following the market on a daily basis -- sometimes even two or three times a day -- But never with a lump in my throat but in a strangely emotionally detached way.
I never sold ANYTHING. NOTHING during the melt-down.
If I'd panicked, I would have been cooked for life.
Now, I cannot bear to watch CNBC even for a minute with that scrolling tickers crisscrossing the screen, with your own Rorschach test of pundits.
I am never going back.