Was there a 2007,2008,2009 YTD performance thread?

[Blue Collar Guy]

I saw a 2016 and the current 2017 YTD performance thread. I looked but could not find a 2007, 2008 & 2009 thread. I was not brave enough to even open my statements back then, and if the market was down I would not look now.

[jebmke]

you should set your asset allocation at a level such that you are comfortable looking. Otherwise, you will miss opportunities to re-balance and/or tax loss harvest. The former may result in significant under performance over the long term.

[Blue Collar Guy]

Quote:

Originally Posted by jebmke you should set your asset allocation at a level such that you are comfortable looking. Otherwise, you will miss opportunities to re-balance and/or tax loss harvest. The former may result in significant under performance over the long term.

Im sure your right. I still cringe when I hear meltdown, plummet etc. I used to look only the last week of December to maybe rebalance, one year I didnt look at anything till I was doing my taxes in April. Anyway, any 2007,8 or 9 YTD threads? Or we only do these threads when the markets are up?

[Fedup]

I think everybody was too shocked to post.

[jebmke]

you will probably find plenty over on Bogleheads. My recollection from 08-09 was not as psychologically taxing as the 2000-2003 downtick. Once they yanked the spanner out of the gears on the debt markets in '08 I wasn't too concerned, even though the equity market had more to go.

[ERD50]

Quote:

Originally Posted by Blue Collar Guy ... Anyway, any 2007,8 or 9 YTD threads? Or we only do these threads when the markets are up?

No, I'm sure there was plenty of discussion at the time. It's hard to search, all the terms are common, but they are out there (in here?). But it was more "OMG, how far down are you?! How much lower can this market go?! I might have to go back to work!" Look for the term "capitulation" maybe.

-ERD50

[Blue Collar Guy]

Quote:

Originally Posted by ERD50 No, I'm sure there was plenty of discussion at the time. It's hard to search, all the terms are common, but they are out there (in here?). But it was more "OMG, how far down are you?! How much lower can this market go?! I might have to go back to work!" Look for the term "capitulation" maybe. -ERD50

Capitulation, Too funny. You brightened up my evening with that one

[Fedup]

I looked at sp 500 chart and it did look very scary. I wasn't in the market. If I did, I would have taken a lot of Zantax, or whatever the drug for panic attack. Almost 50% drop from 2008 to 2009.

[Blue Collar Guy]

Quote:

Originally Posted by Fedup I looked at so 500 chart and it did look very scary. I wasn't in the market. If I did, I would have taken a lot of Zantax, or whatever the drug for panic attack. Almost 50% drop from 2008 to 2009.

Hahaha

[Alan]

Try looking at threads from page 64 and earlier. This is a search I did in the Fire and Money forum.

http://www.early-retirement.org/foru...&pp=25&page=64

[jebmke]

Peak to trough was 56% over 17 months for '08-09.

Peak to trough was 49% over 31 months for the DotCom bubble in 2000-2003

[audreyh1]

Quote:

Originally Posted by Fedup I think everybody was too shocked to post.

We had a poll where folks confessed how many millions they had lost.

Several threads where people posted how far down they were from the peak. I remember this well, because we were down huge and I posted about it.

[ERD50]

Quote:

Originally Posted by Blue Collar Guy Capitulation, Too funny. You brightened up my evening with that one

Ummm, thanks, I guess? Not sure why you found it funny. Take a look here:

http://www.early-retirement.org/foru...archid=8022437

-ERD50

[ERD50]

Quote:

Originally Posted by Alan Try looking at threads from page 64 and earlier. This is a search I did in the Fire and Money forum. http://www.early-retirement.org/foru...&pp=25&page=64

That link doesn't work for me:

Sorry - no matches. Please try some different terms.

Maybe only for those with super-powers (moderators/admin)?

-ERD50

[REWahoo]

Quote:

Originally Posted by ERD50 Ummm, thanks, I guess? Not sure why you found it funny. Take a look here: http://www.early-retirement.org/foru...archid=8022437 -ERD50

Link doesn't work. I don't think the forum software allows anyone - even those with 'superpowers' - to link a search.

[Golden sunsets]

Quote:

Originally Posted by Blue Collar Guy Capitulation, Too funny. You brightened up my evening with that one

BCG; In the financial sense, "Capitulation" is a real concept, not hyperbole. Check out this definition http://www.investopedia.com/terms/c/capitulation.asp.


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[ERD50]

Quote:

Originally Posted by REWahoo Link doesn't work. I don't think the forum software allows anyone - even those with 'superpowers' - to link a search.

Thanks, looks like it only works for the user that created it.

Here's the google version, this should work (I think):

https://www.google.com/search?q=site...it=Search+Site

-ERD50

[Blue Collar Guy]

Quote:

Originally Posted by ERD50 Ummm, thanks, I guess? Not sure why you found it funny. Take a look here: http://www.early-retirement.org/foru...archid=8022437 -ERD50

I found it funny, as the word as I know it meant just throwing in the towel and selling what ever you had left. I have said many times when the meltdown was happening, I refused to open the monthly/quarterly statements. I was just dollar cost averaging. I was told by several member's that if that was the case, then my AA was not a good one. I know I rode out the storm. However the meltdown did play havoc with my emotions.

[NW-Bound]

Lots of threads back then about the market performance, although there was no single thread to capture it all. We were also testing each other about knowledge of the Depression, the Dust Bowl, etc...

Some posters disappeared after this period. They most likely capitulated, were broke, and had to go back to work or made drastic change to their lifestyle.

[Blue Collar Guy]

I just read the posts from the link that ERD50 provided(thanks). I wanted this info, as Im a pessimistic guy.When the next drop comes(im talking a plummet), I was curious if my headaches and worries were just me or was the average guy who on paper was losing his shirt felt the same way. Im glad I was not alone in dying a little every time the market took a plunge. I was also encouraged by some of the posts, saying to hang in there.I remember my broker calling me once or twice to say "dont fold now". By the way, reading some of those posts, about the members that were in the draw down stage was an unhappy event for me. I can imagine for the member it was many times more disheartening. Now that I think more about it, I think I was the one who called my broker.