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Old 01-11-2008, 12:39 PM
GLS GLS started this thread
 
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Quote:
Originally Posted by rocafeller05 View Post
I only did 9% return in 2007 with my 401-k. I guess its not bad when you look at the housing woes, sub-prime mortage problems and the price of fuel. But im not changing a thing. BUY LOW - SELL HIGH. I still have 30 more years to go.
Compared to the average person I know at work, 9% is pretty good.
In terms of the time horizon, in thirty years I won't need to monitor this stuff.
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Old 01-11-2008, 03:30 PM
 
259 posts, read 1,183,847 times
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All I can say is all you guys have very efficient portfolio custodians. Most of mine haven't arrived.
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Old 01-11-2008, 04:50 PM
 
29,837 posts, read 34,918,975 times
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Default Online availability

Quote:
Originally Posted by casualobserver View Post
All I can say is all you guys have very efficient portfolio custodians. Most of mine haven't arrived.
Mine is available online. As of yesterday I was down 2.3% for the year. You may want to check with your custodian for online access.
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Old 01-11-2008, 07:59 PM
 
4,727 posts, read 10,334,805 times
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Same here TuborgP. Mine can be seen online 24/7. I thought most of the 401k plans today are like that. Guess not?
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Old 01-11-2008, 08:08 PM
 
Location: Lake Norman, NC
7,187 posts, read 11,244,324 times
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Darn...my biggest 401 account is down 5% ytd 2008 already. Ugh!
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Old 01-11-2008, 09:40 PM
 
29,837 posts, read 34,918,975 times
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Default A suggestion

Quote:
Originally Posted by Stripes17 View Post
Darn...my biggest 401 account is down 5% ytd 2008 already. Ugh!
Don't look at it year to date look at it from Jan 1, until today. You will probably see you are still doing ok. Remember depending on what you read the market averages 9-11 percent per year. If you are investing for retirement you have bond and cash holdings which will lower the historic return. If you are doing a 70/30 balance and average 9% over 10 years you are doing well. You are still doubling in less than 8 years. If you are taking a 4% draw down you are still beating inflation and gaining ground. Consider the three bucket approach:

Bucket one- short term/cash and bonds and not losing money. If you are about to retire have 3 years or more worth of draw down is Bucket one.

Bucket two- medium range. Maybe a balanced fund or two or some target date funds. They may go down but not by much and should give you a solid 8% plus over time. As need be you move growth money from Bucket two to one.

Bucket three- Long term with a lot more risk. If you are fortunate this is legacy money and by the time the kids will get it you will have been through multiple up/down cycles. Emerging Markets etc are good for this along with cylclical stocks and oh yes energy. At the appropriate time you move profits from bucket three to two.

Just my 2 cents worth.
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Old 01-12-2008, 07:01 AM
 
16 posts, read 46,215 times
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this month was about .3% - last month was about 3%
so its hopefully getting better
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Old 01-12-2008, 09:56 AM
 
Location: Lake Norman, NC
7,187 posts, read 11,244,324 times
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Quote:
Originally Posted by TuborgP View Post
Don't look at it year to date look at it from Jan 1, until today.
Absolutely true Tuborg. My post was more in fun than serious. I'm not losing sleep over the performance in 2008 as I'm a "big picture" kind of guy. I am quite happy with how the numbers have done in my different accounts over the years.
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Old 01-13-2008, 07:00 PM
 
Location: home...finally, home .
8,238 posts, read 18,535,859 times
Reputation: 17765
I have never ever really regained what I lost in the dot-com fiasco. My son had urged me to invest in all tech stocks. This time when the market peaked at 14k, I switched 80% of my money into bonds at 7.5%. I do not shudder every time the market ebbs that way.
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Old 01-13-2008, 10:54 PM
GLS GLS started this thread
 
1,985 posts, read 4,851,308 times
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Quote:
Originally Posted by nancy thereader View Post
I have never ever really regained what I lost in the dot-com fiasco. My son had urged me to invest in all tech stocks. This time when the market peaked at 14k, I switched 80% of my money into bonds at 7.5%. I do not shudder every time the market ebbs that way.
Just before the market crashed I picked the two "safest" tech stocks. I bought 1500 shares of Intel at $66/sh and 1000sh of Cisco at $56/sh.
Hahahahaha..........somebody help me I'm melting...

Ok, ok, I'm better now. Just thought I would try to cheer you up by comparison.
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