Recent content by big galloot

  1. big galloot

    The Economy

    harley, this isn't really fair. The topic was "The Economy". I'm new here, and I'm getting instant hostility for posting my thoughts. Yes, they were winded and I apologized. There were at least a couple of people who were genuinely interested and were engaging with me. I honestly don't...
  2. big galloot

    The Economy

    I see. You've proclaimed my intepretation to be problematic, and your reasons don't need to be stated since they are intuitively obvious to the most casual reader. Besides, it would probably take more than a soundbite.
  3. big galloot

    The Economy

    Sooorrreee! I thought the topic was The Economy which I assumed would be of great interest on an Early Retirement forum. Couldn't think of a witty soundbite for discussing regression to the mean. My bad...
  4. big galloot

    The Economy

    Thanks a bunch for doing this. I'm impressed and grateful! Your advisor's response is basically irrefutable. And therein lies the problem... Unfortunately, he suffers from a chronic case of "silver-lining-itis," otherwise known as incurable "cup-half-full" syndrome. It's very common with...
  5. big galloot

    The Economy

    Not jumping off a bridge! I realized that may have come off like I'm ending it all, unable to wait anymore, but that's not what I meant.:) I have no pretense of being able to call any sort of a bottom or top, so barring that type of omniscience, I intend to closely monitor market trends...
  6. big galloot

    The Economy

    Over the past few weeks, I've died a thousand deaths, each one being a trip to my own personal hell and back. My portfolio is now about half as light, but the good news is that I'm finally diversified and down to about 50% equities and commodities which is where I should have been in the first...
  7. big galloot

    What is on your "Recession Things To buy List"

    PS: I'm a lot fun at parties... no, really...
  8. big galloot

    What is on your "Recession Things To buy List"

    Tic toc, tic toc, tic toc.... (You're welcome...)
  9. big galloot

    What is on your "Recession Things To buy List"

    Recession (not) shopping list... Since this is probably not going to be just another run-of-the-mill recession, but rather a protracted and severe once-a-century meltdown, instead of adding more toys, I suggest the following partial list: Male/female pit bulls Guns and lots of ammo Crossbow...
  10. big galloot

    Is it just me, or are you also seeing...

    Funny you should ask... I actually had my own personal "capitulation" moment yesterday and dumped about 15% of my port. that was in one stock I've held since the 80's/90's. Old stock options that never hit that "magic number," despite my decreasing it over the years. Just about cried, but...
  11. big galloot

    Do you allocate precious metals and mining stocks?

    No physical metal except a few fillings, but I do own GLD, the gold ETF, for about 5% of my port. Nice convenient way of owning gold without the hassle of transportation, insurance, storage, security, etc. Of course, if the fabric of our society ever disintegrates, getting my share of the...
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