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Told cops where to go for over 29 years… |
With all the hoopla about breaking 25K, I took a look at my Defined Contribution retirement account. Today’s balance, minus my contributions from Nov 2016 to now, I am up 23.8%. Overall, I am up 27.7% over that past 14 months. Retiring at 60 looks a lot more possible now, thank you President Trump! What part of "...Shall not be infringed" don't you understand???  | |||
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| That rug really tied the room together.  |
Im waiting for the market correction so my dollar gets more and I have more buying power. ______________________________________________________ Often times a very small man can cast a very large shadow | |||
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| Crusty old curmudgeon  |
Same here. We've been retired for 7 years and I reduced our risk considerably. 3 annuities and 2 IRAs all making mid single digits. This is just fine for us and it allows for a good nights sleep not worrying about our assets disappearing like in 2007-8. We're able to pay cash for everything we need at this point, so no worry's. Jim ________________________ "If you can't be a good example, then you'll have to be a horrible warning" -Catherine Aird | |||
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Member |
I'm primarily in two Index Funds. Both have earned ~20% last year. It has made me very happy.  | |||
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| Big Stack |
I could happen tomorrow. It could happen in a year after it's gone up another 15%. I'm pricing in a 10% correction, but I don't pretend to know when, or from what level.
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| Lawyers, Guns and Money  |
Right. Timing is a fools errand. Reducing risk is not. I'm usually 85-90% equities, but I'm reducing that now... to about 60-65% equities, the rest bonds and cash. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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| Lawyers, Guns and Money |
 Well that escalated quickly... Having surpassed 25,000 at the open on January 4th (surging from 24k to 25k in a record 23 days), The Dow Jones Industrial Average has opened today above 26,000...  Crossing that 1000-point gap in a record-smashing 7 trading sessions...  And more accurately, this is the most-aggressive rise in The Dow ever... triple the pace of the 24k to 25k advance "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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| If you're gonna be a bear, be a Grizzly!  |
I'm fairly conservative in my investments and I'm up a little over 20% since the election. It's up 2.45% just since January 1st. Here's to the sunny slopes of long ago. | |||
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| Member |
If we could have 1 more year like this.....I can retire in 5 years  | |||
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| Big Stack |
At some point something bad is going to happen, and financial gravity will take over. I'm not sure the economic conditions are really good enough to support this valuation run up. But it's fun while it's going on. | |||
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His Royal Hiney |
Chellim1, your post sparked a thought for me. I understand and have heard and have come to believe in effect "timing is a fools errand." One or two financial managers I talked to included as part of their spiels that most gain backs from bears occur relatively short. And this is something I've been considering and I want to confirm with you: We can't time the market to be out of the market and back in again reliably to avoid corrections/bear markets so it can't be an on/off thing. But it does sound like you believe you can throttle back when you think a correction/bear market is imminent and step on the gas if you're going uphill. Am I correct in reading you? And do you differentiate between corrections and bear markets? What triggers you to throttle down? and what's your throttling down steps? from 80% to 70% to 60% in stocks and so on? or is it just sort of on and off like from 70% stock to 30% stocks? "It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946. | |||
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| Member |
In the last 12 months, almost 19%. Since Feb 2016 (the lowest for me), up 42%! P229 | |||
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| As Extraordinary as Everyone Else  |
My Fidelity managed SEP earned about 21% last year while our other funds earned about 25%. I am rather aggressive with our investments and realize that there will be a correction (maybe in the second half of this year) but I am comfortable in riding it out and don't plan on withdrawing anything until required to at 70 1/2. I learned my lesson in 1986 when the market crashed and my Magellan Fund went down about 50% and, like a fool, I sold it... ------------------ Eddie Our Founding Fathers were men who understood that the right thing is not necessarily the written thing. -kkina | |||
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| Lawyers, Guns and Money |
Yes, I do believe you can "throttle back" ... particularly in retirement accounts managed for the longer term, where there are no tax consequences in doing so. It's simply a risk assessment. How much risk is it prudent to take at this point in time? My "normal" allocation is something like 85-90% equities, as stated above. But if you look at RSI and P/E and just a "feeling" that it's not different this time you would have to believe that this bull market is getting toward the end of the cycle. That's not to say I'm able to time it. I just think that the risk of being 90% equity is a little too high at this point. And I will throttle back gradually rather than all at once. As for how you differentiate between corrections and bear markets? Well, the technical definition of a correction is -10% and a bear market is -20% so.... for the first -10% there is NO difference between the two. From there, it's another risk assessment, and probably smart to put that money on the sidelines back into the market gradually as well. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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Diogenes' Quarry |
Just did the math, and was disappointed to see that as of today we are up just 11% since one year ago (end of Jan. '17). Did the math on the S&P and the Dow in the same exact timeframe, and those are 22% and 30%, respectively. My positions are not aggressive, but at around 70% equities, they're not particulary conservative, either. Just another reason to find a new brokerage house and broker. This was already on my agenda for early this year for a variety of reasons that have been building for the last couple years, but this was the clincher. If I can only make barely into the double digits in this type of screaming market with the position breakdown I have, something isn't right. | |||
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| As Extraordinary as Everyone Else |
www.fidelity.com They are generally conservative but have the experience and research capabilities to take advantage of markets. Also, their website is very easy to use... Or you can just invest in a few index funds and skip most of the fees. ------------------ Eddie Our Founding Fathers were men who understood that the right thing is not necessarily the written thing. -kkina | |||
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| Big Stack |
A lot of people are probably just better off buying index funds/ETFs that mimic the big indices. But an S&P fund, buy a NASDAQ 100 fund, There are small cap and global index funds also. This way you don't have to worry about what individual stocks do.
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eh-TEE-oh-clez |
I just got married in July. I haven't told my retirement calculator that there's two nest eggs in this household. So, that's pleasant. | |||
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| Green grass and high tides  |
Have an account with Principal financial. Up 3% since jan 1 2018. Up 3% previous 14 months in the run up. Same investment allocations, wtf. It is an employer offered account. Or else it would be somewhere else. Thoughts? "Practice like you want to play in the game" | |||
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Member |
I'd start asking questions...3%  Does it have hefty fees? Is it a "managed" account or one you allocate your money...managed usually takes a percentage or an annual fee?My 401k is up a little over 17% for the last 12 months; portfolio is mostly conservative.
...let him who has no sword sell his robe and buy one. Luke 22:35-36 NAV "Behold, I send you out as sheep in the midst of wolves; so be shrewd as serpents and innocent as doves." Matthew 10:16 NASV | |||
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