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PostPosted: Sun Jan 07, 2018 6:32 am 
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:shock: In the past 2 weeks! :D

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PostPosted: Sun Jan 07, 2018 6:45 am 
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Our monies, somewhat sheltered, did well.
If y'all gained, take care to protect them.
I do believe that the bubble may burst...especially in the housing sector

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PostPosted: Sun Jan 07, 2018 8:09 am 
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At the end of the year but just went to check :shock: :D :D

It did really well last year, first time in a long time!

I'm really hoping only Bitcoin is the bubble!

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PostPosted: Sun Jan 07, 2018 8:09 am 
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Canadian dollar is up to .81US, I should buy some travel funds tomorrow.

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PostPosted: Sun Jan 07, 2018 8:59 am 
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John was looking at his yesterday.
Anticipating at least a 5% pullback at some point this year.

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PostPosted: Sun Jan 07, 2018 9:19 am 
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No, I have not been checking. We've got a meeting with our financial guy next week. I may have to take a peek.

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PostPosted: Sun Jan 07, 2018 5:36 pm 
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Just my opinion again...but at one point I had 'deferred compensation' monies in a fund based solely on NASDAQ values. It was riding high for the time...about DOUBLE of what I had put in. Then, quickly, it was worth about HALF of my contribution. It did somewhat recover. Yet, it happened again to a lesser extent after 9/11. Again, it mostly came back. It is a matter of timing. You know: "Buy low, sell high".

Our funds were sheltered in 2008 when the housing bubble burst and things went south, but some of the people around here (with their only retirement savings invested in the sagging market), lost everything. They sold out and moved in with their kids.

"The Lord giveth and the Lord taketh away."

My advice again...if you had gains, do something to protect the gain.

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PostPosted: Sun Jan 07, 2018 6:32 pm 
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What 401k??? :lol: :lol: :lol:

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PostPosted: Sun Jan 07, 2018 8:08 pm 
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I've been in my 401K since 1976 and stayed in through 2008 and the market has recovered nicely. My advisor is pretty conservative. I think I'm in 70-30 (stocks vs bonds, etc.). My mommy taught me how to be thrifty and save.

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PostPosted: Sun Jan 07, 2018 9:57 pm 
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Cap'n Tom wrote:
What 401k??? :lol: :lol: :lol:
Ah yes, Tom...we are so soon old, too late smart.

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PostPosted: Mon Jan 08, 2018 1:00 pm 
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JohnT wrote:
Cap'n Tom wrote:
What 401k??? :lol: :lol: :lol:
Ah yes, Tom...we are so soon old, too late smart.


I've always understood that to invest, you had to earn more than your month to month expenses.

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PostPosted: Tue Jan 09, 2018 10:24 am 
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I look at our 401ks and brokerage account about as much as airfares....several times a week. :lol: But I like to research and find trends so I can be on top of both.

It has been a very good year but I would expect a "market correction" soon.

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South Beach, FL: Feb. 2018
Mexico: March 2018
Ireland: June/July 2018
36th trip to Aruba: Sept. 2018


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PostPosted: Wed Jan 10, 2018 2:10 pm 
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ArubaAmy wrote:
It has been a very good year but I would expect a "market correction" soon.


We just today went to 13% cash.

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PostPosted: Wed Jan 10, 2018 5:29 pm 
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NH Mark wrote:
ArubaAmy wrote:
It has been a very good year but I would expect a "market correction" soon.


We just today went to 13% cash.


I think that's a wise move - we may do the same and move more to cash.

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PostPosted: Wed Jan 10, 2018 8:26 pm 
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Hi Mark,

When you say 'went to cash' do you mean you did a cash disbursement from your 401k? Did you incur a 10% penalty? Or was this just a straight stock sale outside a 401k?

On another note, I have really been toying with the idea of using some of my 401k money to pay down or pay off our mortgage. Almost everything I've read indicates that it's not a good idea.
If the market were to tank tomorrow, I'd be in a bad place and still have a house payment. If I used some of my 401k funds to pay down/off my mortgage, at least I would have a large asset not tied to the stock market. I realize that one downfall would be the tax liability on the monies from the 401k, but I would escape the 10% penalty. Thoughts anyone?

NH Mark wrote:
ArubaAmy wrote:
It has been a very good year but I would expect a "market correction" soon.


We just today went to 13% cash.

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