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Sorry, just can't help it...
07-30-2007, 02:49 PM
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#81
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Full time employment: Posting here.
Join Date: Jul 2007
Posts: 678
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Sorry, just can't help it...
The First Million Is the Toughest
I would have given you all of my bucks
But this week the market really sucks
And the Wall Street Journal looks gloomy
But if you want, I’ll try to save again
Baby I’ll try to save again but I know
The first million is the toughest, baby I know
The first million is the toughest
‘cause when it comes to being lucky she’s cursed
When it comes to investing she’s worst
But when the market is down I’m first
That’s how I know
The first million is the toughest, baby I know
The first million is the toughest
I still want to be a millionaire
Even though it may turn into a nightmare
Cause the bull may become a bear
But if you want, I’ll try to invest again
But baby, I’ll try to invest again, but I know
The first million is the toughest, baby I know
The first million is the toughest
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07-31-2007, 11:59 AM
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#82
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Recycles dryer sheets
Join Date: Feb 2007
Posts: 71
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Quite impressive
These numbers are quite impressive. Am I accurate in thinking that the majority of you grew your portfolios to 1MM by being 100% in stocks during the ride?
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07-31-2007, 12:11 PM
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#83
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Full time employment: Posting here.
Join Date: May 2006
Posts: 858
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Quote:
Originally Posted by CATAMAN
These numbers are quite impressive. Am I accurate in thinking that the majority of you grew your portfolios to 1MM by being 100% in stocks during the ride?
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Yes, I'm 100% in equities, not counting real estate, bonds, fixed income, savings, checking, coin & stamp collection, etc.
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07-31-2007, 01:18 PM
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#84
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 1,305
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Quote:
Originally Posted by CATAMAN
These numbers are quite impressive. Am I accurate in thinking that the majority of you grew your portfolios to 1MM by being 100% in stocks during the ride?
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Yep, up until about 4-5 years ago, I was 100% in equities.
__________________
Life is GREAT!
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07-31-2007, 03:51 PM
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#85
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,053
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14 years ago I was 100% equities but every few years got more conservative until now I'm 40/50/10 (2 years away from ER and I plan to stay with this allocation through retirement).
My plan was always to RE at 55 when eligible to get a pension so as the chances of success increased I lowered the volatility of my portfolio. Just so happens I passed the $1M mark in savings 18 months ago.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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07-31-2007, 04:23 PM
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#86
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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Good sense
Great post !
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