I took a nap when I was down $2500

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john94549
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I took a nap when I was down $2500

Post by john94549 » Mon Aug 08, 2011 3:17 pm

Then I awoke, and was down $6000.

Heck of a nap.

PS: And that's just my trading account losses. I suspect my Vanguard accounts will be down "a tad". Oh well, my CD ladder did fine today.

Grt2bOutdoors
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Post by Grt2bOutdoors » Mon Aug 08, 2011 3:23 pm

Is that all?? What are you worried about?

john94549
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Post by john94549 » Mon Aug 08, 2011 3:28 pm

GRT2BOUTDOORS wrote:Is that all?? What are you worried about?
At my age, it's all about keeping score. You're no doubt correct, as I tell the wife. So long as she has checks, we must have money. Just ask Tim, the Treasury Secretary.

cheesepep
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Post by cheesepep » Mon Aug 08, 2011 6:22 pm

Same thing happened to me when I went to sleep. I was actually hoping for a correction around the time I woke up, which never materialized.

Manbaerpig
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Post by Manbaerpig » Mon Aug 08, 2011 6:45 pm

I lost another 15k or so today :P

john94549
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Post by john94549 » Mon Aug 08, 2011 7:54 pm

cheesepep wrote:Same thing happened to me when I went to sleep. I was actually hoping for a correction around the time I woke up, which never materialized.
Look at the bright side. If you could afford to nap mid-market, you no doubt have enough in bonds and CDs to last a lifetime.

minesweep
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Post by minesweep » Mon Aug 08, 2011 8:15 pm

I took a nap too. But, I don’t know what I’m down. I haven’t checked my Vanguard account for the past 2 weeks. It keeps me from doing something irrational.

Mike

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MekongTrader
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Post by MekongTrader » Mon Aug 08, 2011 8:19 pm

Morning everybody!

I took a 8-hr nap to wake up this morning and see my portfolio shrink by $10K!

Honey, I shrunk the portfolio!

I need a double espresso now.

MT

Mr. Market: Is this all you got?!

:lol:

hicabob
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Re: I took a nap when I was down $2500

Post by hicabob » Mon Aug 08, 2011 8:24 pm

john94549 wrote:Then I awoke, and was down $6000.

Heck of a nap.

PS: And that's just my trading account losses. I suspect my Vanguard accounts will be down "a tad". Oh well, my CD ladder did fine today.
Dude - I got hosed - down enough to retire on - oh well - has happened before twice so I'm an old pro - everytime I get close to the current "magic number" something happens that pulls the old rug out. Rant and Rave!

Stay the f'ing course!

zinnia
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Post by zinnia » Mon Aug 08, 2011 8:26 pm

not enough?....wait until the municipal bonds start to fall, then you'll see some real action...

BenBritt
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Post by BenBritt » Tue Aug 09, 2011 1:12 am

Zinnia mentioned munis falling. Now I am worried! Time for Tums.

john94549
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Post by john94549 » Tue Aug 09, 2011 1:27 am

When our cat, Samson, begins to eat better than we do, I'll get concerned. My wife does get Samson some pretty good chow, I'll admit.

kerplunk
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Post by kerplunk » Tue Aug 09, 2011 1:37 am

I'm down 11.27% total since August 1st. Small cap stocks apparently don't particularly like bad economic news, haha. In my short investing career, I have seen far more red days than green days. Not how I would have preferred to started, but it is what it is.

For most young people my age, green days mean another thing, although I prefer my definition.

One good thing about this volatile time is that I have realized that I have excellent risk tolerance so far.

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MekongTrader
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Post by MekongTrader » Tue Aug 09, 2011 1:47 am

kerplunk wrote:I'm down 11.27% total since August 1st. Small cap stocks apparently don't particularly like bad economic news, haha. In my short investing career, I have seen far more red days than green days. Not how I would have preferred to started, but it is what it is.

For most young people my age, green days mean another thing, although I prefer my definition.

One good thing about this volatile time is that I have realized that I have excellent risk tolerance so far.
Excellent risk tolerance: What's your AA? 100% stocks? I saw your signature and recognize only 1 or 2 tickers.

MT

kerplunk
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Post by kerplunk » Tue Aug 09, 2011 1:54 am

MekongTrader wrote:Excellent risk tolerance: What's your AA? 100% stocks? I saw your signature and recognize only 1 or 2 tickers.

MT
15% VTI - Vanguard Total Stock Market ETF
20% VB - Vanguard Small-Cap ETF
15% VBR - Vanguard Small-Cap Value ETF
12% VXUS - Vanguard Total International Stock ETF
28% VSS - Vanguard FTSE All-World ex-US Small-Cap ETF
10% VWIUX - Vanguard Intermediate-Term Tax-Exempt Fund

This leaves me at 90/10, although, I have my "emergency fund" (I would rather call it my "long term emergency fund") in VWIUX as well, and if you counted that I would be more like 70/30.

john94549
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Post by john94549 » Tue Aug 09, 2011 2:04 am

" but it is what it is."

Classic Boglehead philosophy, might I say. Don't let down days get you down. Any day above ground is a good day. After you discover the magic of a CD ladder, it's just all about keeping score. As I told my wife, so long as you have checks, you must have money. The last I looked, she had all the checks. And (I suspect) all the money. When you start to bounce checks, I think banks generally refuse to send you more. But, hey, I might be wrong.
Last edited by john94549 on Tue Aug 09, 2011 2:07 am, edited 1 time in total.

Manbaerpig
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Post by Manbaerpig » Tue Aug 09, 2011 2:06 am

to paraphrase Chris rock, she has all the P@#*y and 1/2 the money :twisted:

HongKonger
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Post by HongKonger » Tue Aug 09, 2011 2:37 am

I was down 12% by lunchtime but now back to being down 6-8% as we get close to closing here in HK. Its definately pulling back after a sharp fall on opening.

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happymob
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Post by happymob » Tue Aug 09, 2011 6:53 am

There's a lot of "I have a lot of money" going on in this thread. Or maybe it's "I invested in really terrible things" (such as FAS). But I suspect it's the former, as nobody really brags about the latter.

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nick22
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haircut

Post by nick22 » Tue Aug 09, 2011 6:56 am

alot of us may have suffered 6 figure haircuts. time to peak at your IPS and make sure you agree with your AA, but otherwise do not make permanent what is an unimportant paper loss by selling
Nick22

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