nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
Only one month from ER and I'm remarkably sanguine about this correction thanks to having 7 years of spending in stable value and cash.
+1Only one month from ER and I'm remarkably sanguine about this correction thanks to having 7 years of spending in stable value and cash.
Only one month from ER and I'm remarkably sanguine about this correction thanks to having 7 years of spending in stable value and cash.
+1. How soon some forget how well we did last year. If you were mostly cash going back a year or more, you're way worse off than most any balanced AA. YMMVI sleep pretty well regardless . This still looks to me like run of the mill volatility, nothing to write home about. If anything, holding cash right now is unsettling, because it's not obvious when and how to invest it.
I have more years than that in cash and TSP G Fund, although rubbing it in while people are losing money is a little distasteful somehow. I would imagine that you feel the same.
I know this conservative AA is one that I can stick with no matter what, since it was well tested in 2008-2009. I probably didn't make as much from 2010-2013 as I could have.
...which is always what happens when the market has a drop. The "I told you so" crowd come out of the woodwork like cockroaches with the lights off.(of course you could argue the original title was designed to get everyone riled up!)
+1. How soon some forget how well we did last year. If you were mostly cash going back a year or more, you're way worse off than most any balanced AA. YMMV
First year FIRE for me.
Im 70/25/5.
This doesn't even make me flinch.....
Cheers everyone!
I hope there's a pension to compliment this AA
foxfire: Why would your risk tolerance be appropriate/suitable for anyone else, especially a total stranger (presumably)?First year FIRE for me.
Im 70/25/5.
This doesn't even make me flinch.....
Cheers everyoneI hope there's a pension to compliment this AA
Soon the talking heads will find some way to link the Bronco's loss yesterday to the sell-off today.
I didn't interpret the OP as recommending a high cash AA or even saying they moved into cash.... I think they were just reinforcing that regardless of your AA strategy, as you approach retirement it is comforting to have enough in cash/sv to withstand the volatility.
+1A correction was long overdue in my opinion. Corrections are not a bad thing .
+2. I was just thinking the same, very happy about what I sold off in late Dec while rebalancing. Funny how well that works in the long run...+1
I'm just glad it's happening after my Jan 1 withdrawal and rebalance.
First week of January is often positive in the equity markets it seems, as that's when new money enters the market plus the usual seasonal "Santa Claus" rally.+2. I was just thinking the same, very happy about what I sold off in late Dec while rebalancing. Funny how well that works in the long run...