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Give me a four-year BEAR!
12-12-2014, 12:13 PM
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#1
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gone traveling
Join Date: Oct 2014
Location: Katy
Posts: 78
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Give me a four-year BEAR!
Let's pull out of this tailspin sometime in late 2018 or early 2019. Four more years in the 401(k) with stocks on sale!
Who's with me on this?
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12-12-2014, 12:29 PM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Posts: 5,350
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 Quote:
Originally Posted by Texconsin
Let's pull out of this tailspin sometime in late 2018 or early 2019. Four more years in the 401(k) with stocks on sale!
Who's with me on this?
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Not me. I'm adding very little if any new money to my portfolio so i'm hoping this is a short, temporary bear market then we can go back to running with the bulls. On the plus side, I don't expect to need to cash out at a lose so I have plenty of time for the market to recover.
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12-12-2014, 12:32 PM
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#3
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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I don't know what tailspin you speak about, but I definitely would like to see stocks getting a bit cheaper.
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12-12-2014, 12:50 PM
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#4
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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12-12-2014, 01:00 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Jun 2010
Posts: 2,301
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Quote:
Originally Posted by Texconsin
Let's pull out of this tailspin sometime in late 2018 or early 2019. Four more years in the 401(k) with stocks on sale!
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Bear markets are great for those hitting their peak earning years (and if you have no stock options). But you won't like this much if you lose your job.
The recession in 2009 and the subsequent recovery were very good to us financially but now I think "please just one more year like 2013".
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12-12-2014, 01:53 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
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A set AA with reasonable rebalance bands can help but personally I've had enough drama in my 40 year investment history. A 10% correction here and there is fine but you can leave the bears out in the woods.
__________________
Took SS at 62 and hope I live long enough to regret the decision.
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12-12-2014, 01:56 PM
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#7
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Full time employment: Posting here.
Join Date: May 2014
Location: Lakewood
Posts: 920
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I'm with you, Tex.
Foxfirev5, I love the sentiment of your tag line.
__________________
Why be normal when you can be yourself?
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12-12-2014, 01:58 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
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Yeah and yours hits close home also.
__________________
Took SS at 62 and hope I live long enough to regret the decision.
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12-12-2014, 02:00 PM
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#9
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,139
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Quote:
Originally Posted by foxfirev5
A set AA with reasonable rebalance bands can help but personally I've had enough drama in my 40 year investment history. A 10% correction here and there is fine but you can leave the bears out in the woods.
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+1!
Seriously - two of the worst bear markets in decades hit after I retired (retired in 1999). Don't I deserve a break now?
Corrections - fine, even welcome. But another bear? - not fair!!!!!
__________________
Retired since summer 1999.
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12-12-2014, 02:05 PM
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#10
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2012
Location: Seattle
Posts: 6,023
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We can't afford a bear market. No bailout money left and pension funds have mostly gotten back on track because of market gains. If they lose 20% now...well...
Something has to hold this market up or all hell breaks loose.
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12-12-2014, 02:15 PM
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#11
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Full time employment: Posting here.
Join Date: Jan 2014
Location: Austin
Posts: 661
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Bear markets are for savers, bull markets for spenders.
Having made the transition from saver to spender this year, I'm not hoping for a bear market.
__________________
ER'd 6/1/2014 @ age 53. Wow, is it already 2022?
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12-12-2014, 02:15 PM
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#12
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Recycles dryer sheets
Join Date: Jun 2014
Posts: 406
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Quote:
Originally Posted by Texconsin
Let's pull out of this tailspin sometime in late 2018 or early 2019. Four more years in the 401(k) with stocks on sale!
Who's with me on this?
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Not me...I have money in the market now...a extended Bear market would make that money worth less than it is. I'd rather just have it go up forever...takes the guess work out of whether you have enough saved for retirement 
added plus stocks would always be on sale relative to next year 
__________________
If money is the root of all evil I want to be a bad man
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12-12-2014, 02:21 PM
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#13
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Thinks s/he gets paid by the post
Join Date: Nov 2013
Location: Bay Area
Posts: 2,745
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All I can say is "good of the many outweighs the good of the few."
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12-12-2014, 02:34 PM
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#14
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,968
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1966 - 2014 Been there done that. Accumulation, ER, and now over 70 and RMD.
And finally the Saint's made to the Superbowl! Entertainment wise I prefer football.
heh heh heh - full auto via Target Retirement(a life cycle type fund) since 2006. I even let the computers rebalance. 
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12-12-2014, 02:43 PM
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#15
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2008
Posts: 12,651
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We're not as long on stocks as some, so we could bear it; but we wouldn't be grinning.
Amethyst
__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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12-12-2014, 02:48 PM
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#16
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Recycles dryer sheets
Join Date: Jul 2013
Location: Mars
Posts: 137
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Quote:
Originally Posted by Texconsin
Let's pull out of this tailspin sometime in late 2018 or early 2019. Four more years in the 401(k) with stocks on sale!
Who's with me on this?
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I will drink to that!
Sent from my iPhone using Early Retirement Forum
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12-12-2014, 03:03 PM
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#17
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Thinks s/he gets paid by the post
Join Date: Jun 2014
Posts: 1,069
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Quote:
Originally Posted by Texconsin
Let's pull out of this tailspin sometime in late 2018 or early 2019. Four more years in the 401(k) with stocks on sale!
Who's with me on this?
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It choice "B" it quadruples? I'll take quadruples.
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12-12-2014, 03:15 PM
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#18
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,223
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Quote:
Originally Posted by Fermion
We can't afford a bear market. No bailout money left and pension funds have mostly gotten back on track because of market gains. If they lose 20% now...well...
Something has to hold this market up or all hell breaks loose.
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Wha du yah mean no bailout money left ? The gse's Fannie-Mae and Freddie-Mac are talking 3% down home loans again. Uncle Sam has plenty of sugar cookies left in the jar , dolled out indirectly.
__________________
" A person is smart, but People are dumb, dangerous, panicky animals, and you know it " Agent "K", Men in Black
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12-12-2014, 03:16 PM
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#19
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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Quote:
Originally Posted by Texconsin
Let's pull out of this tailspin sometime in late 2018 or early 2019. Four more years in the 401(k) with stocks on sale!
Who's with me on this?
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You know that old saying, "be careful what you wish for"?
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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12-12-2014, 04:00 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Williston, FL
Posts: 3,925
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It could certainly be a bear market coming, but the economy is strong. House are being built, companies have plenty of money. The consumer is being given a large wage increase with the price of gas so low. Companies are hiring. It may be low wage jobs, but they are hiring. Businesses have plenty of cheap labor coming, which should also help profitability.
I look for a small periodic corrections, and headed up for the next several years.
__________________
FIRE no later than 7/5/2016 at 56 (done), securing '16 401K match (done), getting '15 401K match (done), LTI Bonus (done), Perf bonus (done), maxing out 401K (done), picking up 1,000 hours to get another year of pension (done), July 1st benefits (vacation day, healthcare) (done), July 4th holiday. 0 days left. (done) OFFICIALLY RETIRED 7/5/2016!!
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