How should I spend a weekend after a week of losses?

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How should I spend a weekend after a week of losses?

Place a sell order for Monday
1
1%
Spend weekend re-reading Bogleheads messages from 2008-2009
12
12%
Spend weekend re-reading Bogleheads messages from 2008-2009
12
12%
Spend weekend ranting about markets
5
5%
Do something self-destructive
17
16%
Other
57
55%
 
Total votes: 104

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VictoriaF
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How should I spend a weekend after a week of losses?

Post by VictoriaF » Fri Aug 19, 2011 4:24 pm

How should I spend a weekend after a week of losses?

Victoria
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stevewolfe
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Post by stevewolfe » Fri Aug 19, 2011 4:26 pm

The same as after a week of gains would be my thought. :) I put in a buy order for Monday (seriously) and voted that way as well.

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woof755
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Post by woof755 » Fri Aug 19, 2011 4:29 pm

I'm enjoying a pretty good beer. I suggest you do the same!!!
"By singing in harmony from the same page of the same investing hymnal, the Diehards drown out market noise." | | --Jason Zweig, quoted in The Bogleheads' Guide to Investing

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Ice-9
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Post by Ice-9 » Fri Aug 19, 2011 4:32 pm

woof755 wrote:I'm enjoying a pretty good beer. I suggest you do the same!!!
I second the beer idea. As Homer Simpson said, it's the cause of, and solution to, all of life's problems. :D

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Rick Ferri
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Post by Rick Ferri » Fri Aug 19, 2011 4:36 pm

Celebrate the market NOT making a new low today!

:D
The Education of an Index Investor: born in darkness, finds indexing enlightenment, overcomplicates everything, embraces simplicity.

Sidney
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Post by Sidney » Fri Aug 19, 2011 4:36 pm

Ice-9 wrote:
woof755 wrote:I'm enjoying a pretty good beer. I suggest you do the same!!!
I second the beer idea. As Homer Simpson said, it's the cause of, and solution to, all of life's problems. :D
had a beer with lunch and a glass of wine ..... brb ..... now.
I always wanted to be a procrastinator.

rokidtoo
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Post by rokidtoo » Fri Aug 19, 2011 4:38 pm

I'm going to Nags Head and sit on the beach. 8-) ----Jim

retiredjg
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Post by retiredjg » Fri Aug 19, 2011 4:39 pm

A nice bottle of wine, perhaps. :lol:

jebmke
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Post by jebmke » Fri Aug 19, 2011 4:42 pm

Does playing golf count as doing something that is self-destructive?
When you discover that you are riding a dead horse, the best strategy is to dismount.

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bob90245
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Post by bob90245 » Fri Aug 19, 2011 4:44 pm

It's that time of the month when I rebalance. So my vote was the first choice (Place a buy order for Monday).
Ignore the market noise. Keep to your rebalancing schedule whether that is semi-annual, annual or trigger bands.

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woof755
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Post by woof755 » Fri Aug 19, 2011 4:53 pm

jebmke wrote:Does playing golf count as doing something that is self-destructive?
Most of the time. :roll:

Even with ProV1s, you are bound to spend less money on lost balls than we all lost in the market today!
"By singing in harmony from the same page of the same investing hymnal, the Diehards drown out market noise." | | --Jason Zweig, quoted in The Bogleheads' Guide to Investing

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ruralavalon
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Post by ruralavalon » Fri Aug 19, 2011 4:53 pm

Place a buy order for Monday, then :
go to a movie;
read a book;
go camping;
go to the beach;
enjoy the weekend.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

Ed 2
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Post by Ed 2 » Fri Aug 19, 2011 4:53 pm

Rick Ferri wrote:Celebrate the market NOT making a new low today!

:D
S&P on the same level as week ago. Holding ground. That's not bad sighn. Let see if 1120 support level will brake on monday... if not wait for good bounce back of stock market...if yes "sale"will continue. :idea:
Last edited by Ed 2 on Fri Aug 19, 2011 4:54 pm, edited 1 time in total.
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woof755
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Post by woof755 » Fri Aug 19, 2011 4:54 pm

Ice-9 wrote:
woof755 wrote:I'm enjoying a pretty good beer. I suggest you do the same!!!
I second the beer idea. As Homer Simpson said, it's the cause of, and solution to, all of life's problems. :D
My favorite Homer line!
"By singing in harmony from the same page of the same investing hymnal, the Diehards drown out market noise." | | --Jason Zweig, quoted in The Bogleheads' Guide to Investing

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woof755
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Post by woof755 » Fri Aug 19, 2011 4:59 pm

Ed 2 wrote:
Rick Ferri wrote:Celebrate the market NOT making a new low today!

:D
S&P on the same level as week ago. Holding ground. That's not bad sighn. Let see if 1120 support level will brake on monday... if not wait for good bounce back of stock market...if yes "sale"will continue. :idea:
If it doesn't "hold" was it ever a "support level"?
"By singing in harmony from the same page of the same investing hymnal, the Diehards drown out market noise." | | --Jason Zweig, quoted in The Bogleheads' Guide to Investing

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HueyLD
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Re: How should I spend a weekend after a week of losses?

Post by HueyLD » Fri Aug 19, 2011 5:00 pm

VictoriaF wrote:How should I spend a weekend after a week of losses?
Stay away from the internet, TV, radio, newspaper, etc.

Go out and enjoy the nature. Get together with family and friends.

Ed 2
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Post by Ed 2 » Fri Aug 19, 2011 5:01 pm

woof755 wrote:
Ed 2 wrote:
Rick Ferri wrote:Celebrate the market NOT making a new low today!

:D
S&P on the same level as week ago. Holding ground. That's not bad sighn. Let see if 1120 support level will brake on monday... if not wait for good bounce back of stock market...if yes "sale"will continue. :idea:
If it doesn't "hold" was it ever a "support level"?
Technically it is a support level for s&p index,next one will be 1050
"The fund industry doesn't have a lot of heroes, but he (Bogle) is one of them," Russ Kinnel

hsv_climber
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Post by hsv_climber » Fri Aug 19, 2011 5:04 pm

woof755 wrote:I'm enjoying a pretty good beer. I suggest you do the same!!!
Did you select the right choice in the poll, i.e. "self destructive" ? :wink:

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woof755
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Post by woof755 » Fri Aug 19, 2011 5:06 pm

hsv_climber wrote:
woof755 wrote:I'm enjoying a pretty good beer. I suggest you do the same!!!
Did you select the right choice in the poll, i.e. "self destructive" ? :wink:
One time one of our medical students had a patient tell him "Smoke clears your lungs, and beer makes you strong!" I kinda believe half of that...
"By singing in harmony from the same page of the same investing hymnal, the Diehards drown out market noise." | | --Jason Zweig, quoted in The Bogleheads' Guide to Investing

MWCA
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Post by MWCA » Fri Aug 19, 2011 5:06 pm

You should play solitaire with a deck of 51 till dawn.
We are all worms. But I believe that I am a glow-worm.

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BigD53
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Post by BigD53 » Fri Aug 19, 2011 5:09 pm

Perhaps, crying in your soup??? :thumbsdown :moneybag :(

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Opponent Process
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Re: How should I spend a weekend after a week of losses?

Post by Opponent Process » Fri Aug 19, 2011 5:13 pm

VictoriaF wrote:How should I spend a weekend after a week of losses?
did you sell stocks?
30/30/20/20 | US/International/Bonds/TIPS | Average Age=37

Ed 2
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Re: How should I spend a weekend after a week of losses?

Post by Ed 2 » Fri Aug 19, 2011 5:16 pm

Opponent Process wrote:
VictoriaF wrote:How should I spend a weekend after a week of losses?
did you sell stocks?
That is a great question! :wink:
"The fund industry doesn't have a lot of heroes, but he (Bogle) is one of them," Russ Kinnel

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Boglenaut
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Post by Boglenaut » Fri Aug 19, 2011 5:16 pm

Without even reading the thread I can answer:

Spend the weekend the same as if the markets went up or stayed even.

umfundi
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Post by umfundi » Fri Aug 19, 2011 5:17 pm

woof755 wrote:I'm enjoying a pretty good beer. I suggest you do the same!!!
Ditto, but my choice is Cabernet.

Keith

hsv_climber
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Post by hsv_climber » Fri Aug 19, 2011 5:19 pm

Actually after selecting "self destruct" option in the poll, I've just decided that I will sell on Monday.

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fishnskiguy
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Post by fishnskiguy » Fri Aug 19, 2011 5:20 pm

I'm going fishing tomorrow. Why is that not an option on the poll?

Chris
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thirdman
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Post by thirdman » Fri Aug 19, 2011 5:23 pm

I learned my risk tolerance in 2008, and adjusted my asset allocation accordingly. Now I sit back and relax.

hsv_climber
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Post by hsv_climber » Fri Aug 19, 2011 5:28 pm

fishnskiguy wrote:I'm going fishing tomorrow. Why is that not an option on the poll?

Chris
Why would you need "stupid and boring" option in the poll?
Give a man a fish, feed him for a day. Teach a man to fish, feed him for a lifetime. Teach a man to cycle and he will realize fishing is stupid and boring.
I am going for a long ride tomorrow, so I've selected "self destruct". :wink:

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NAVigator
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Post by NAVigator » Fri Aug 19, 2011 5:41 pm

MWCA wrote:You should play solitaire with a deck of 51 till dawn.
If only I could find Captain Kangaroo reruns. :cry:

I think I might reread Jonathan Clements book You've Lost It, Now What?

Jerry
"I was born with nothing and I have most of it left."

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bobcat2
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Post by bobcat2 » Fri Aug 19, 2011 5:51 pm

Victoria writes.
How should I spend a weekend after a week of losses?
How should I know and what has that got to do with this week? The market set new all time highs nearly every day this week. The bond market that is! :)

BobK
In finance risk is defined as uncertainty that is consequential (nontrivial). | The two main methods of dealing with financial risk are the matching of assets to goals & diversifying.

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Jake46
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Post by Jake46 » Fri Aug 19, 2011 5:55 pm

A bottle of a nice cab blend, grilled ribeye & Caesar salad.

ResNullius
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Post by ResNullius » Fri Aug 19, 2011 6:13 pm

If the market makes a new low, I plan on moving a major chunk of my IRA fixed allocation into either the SP500 index or Total Market index at Vanguard, then ride the snap-back for about 30% or so, then move the money back into fixed. Yes, I know this is market-timing, but I'm not a rock solid BH.

Ed 2
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Post by Ed 2 » Fri Aug 19, 2011 6:19 pm

ResNullius wrote:If the market makes a new low, I plan on moving a major chunk of my IRA fixed allocation into either the SP500 index or Total Market index at Vanguard, then ride the snap-back for about 30% or so, then move the money back into fixed. Yes, I know this is market-timing, but I'm not a rock solid BH.
"New low" like lover 6000 for Dow?
"The fund industry doesn't have a lot of heroes, but he (Bogle) is one of them," Russ Kinnel

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nvboglehead
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Post by nvboglehead » Fri Aug 19, 2011 6:28 pm

I would consider realizing some losses in my taxable accounts for use in offsetting future capital gains.

-Sell TSM and buy Large Cap Index
-Sell FTSE All-World Ex-US Index and buy TISM

Dale
Last edited by nvboglehead on Fri Aug 19, 2011 10:40 pm, edited 1 time in total.
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market timer
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Post by market timer » Fri Aug 19, 2011 6:31 pm

I'm celebrating with Pinot Project, some Pandora, and the latest Economist on this stormy night in Manhattan.

capablanca
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Post by capablanca » Fri Aug 19, 2011 6:51 pm

The same thing we do every day, Pinky — try to take over the world.

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Spades
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Post by Spades » Fri Aug 19, 2011 6:54 pm

I'm developing a plan if the market falls more. I'm thinking along the lines of ResNullius.

Oh and rocking out to Alice in Chains while enjoying a cold one.

:sharebeer

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Opponent Process
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Post by Opponent Process » Fri Aug 19, 2011 7:00 pm

market timer wrote:I'm celebrating with Pinot Project, some Pandora, and the latest Economist on this stormy night in Manhattan.
let us know if Indonesia is still at a crossroads.
30/30/20/20 | US/International/Bonds/TIPS | Average Age=37

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dmcmahon
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Post by dmcmahon » Fri Aug 19, 2011 7:04 pm

Does drinking scotch constitute self-destructive behaviour?

Ed 2
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Post by Ed 2 » Fri Aug 19, 2011 7:08 pm

dmcmahon wrote:Does drinking scotch constitute self-destructive behaviour?
No, its stimulate distruction
"The fund industry doesn't have a lot of heroes, but he (Bogle) is one of them," Russ Kinnel

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Toons
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Post by Toons » Fri Aug 19, 2011 7:38 pm

Well I started the weekend off today with a nice drive along interstate 26,viewing the beautiful scenery from Johnson City Tn,to Asheville NC.Then on the way back stopped in the local Mcdonalds for a bite to eat(It was overflowing with customers,and drive thru was lined up,business looked fantastic).From there it was downtown Jonesborough for Tennessee music in the square.Fantastic start to the weekend :D :D
"One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity" –Bruce Lee

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BTDT
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Post by BTDT » Fri Aug 19, 2011 7:55 pm

Boglenaut wrote:Without even reading the thread I can answer:

Spend the weekend the same as if the markets went up or stayed even.
+1
If past history was all that is needed to play the game of money, the richest people would be librarians.

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Morgthorak
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Post by Morgthorak » Fri Aug 19, 2011 8:11 pm

I bought a delicious loaf of pecan/cranberry bread and had a sweet root beer earlier. I say take it easy and forget about the market. It goes up and it goes down and it always will.

I intend to kick back, relax and do a lot of recreational reading this weekend. 8-)

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speedbump101
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Post by speedbump101 » Fri Aug 19, 2011 8:18 pm

Use reverse psychology.

Do what you would have done had the markets gone up (not down).

Do you really think this week's market will matter in the long run? I don't, and I don't think Jack does either.

SB...
"Man is not a rational animal, he is a rationalizing animal" -Robert A. Heinlein

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Quasimodo
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Post by Quasimodo » Fri Aug 19, 2011 8:26 pm

Hi Victoria;

I used to gamble a lot, and I remember feelings that were either “I’m the smartest guy in town” or “I should be locked up for my own protection”.

The challenge for me with investing is to try to find a plan that gives me a piece of the action in a diverse enough way that no matter what happens something is going to add value and the whole hand will produce a positive result over time. Then I won’t fall into the mental trap of trying to compare my results with yours.

Whatever sort of allocation does this for me, it probably won’t be the same for someone else.

I hope your weekend is peaceful and free from too much regret.

John
Many wealthy people are little more than janitors of their possessions. | | Frank Lloyd Wright, architect (1867-1959)

Howard Donnelly
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Post by Howard Donnelly » Fri Aug 19, 2011 8:37 pm

Hi Victoria,

I'm going to get plenty of exercise outdoors (to burn off stress) and reread The Little Book of Common Sense Investing, by Jack Bogle.

Best,
Howard

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MekongTrader
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Post by MekongTrader » Fri Aug 19, 2011 9:21 pm

I'll spend half day in the office on Sat morning then speed home to see my family and play with my 4-month old daughter. I'll do the grocery shopping and plan the cooking for Sunday. On Sunday, after a family breakfast and more playing time with my daughter I'll start cooking, opening up a bottle of Australian Shiraz. Chopping away on my plentiful ingredients, roasting, reducing, filling up, having more Shiraz, etc - man, this is relaxation for me. Some time on Sunday I'll see a friend over a Latte catching up on the latest. But before that I'll have to go out and buy a baby carrier thingy, my missus wants one of those. On Sunday 9pm (Vietnam time) I'll watch 'Meet the press' which has become a regular Sunday-thing of mine. Before that I'll have to read 'Fidgety Philip or 'Hansel&Gretel' to my daughter. She doesn't understand yet but loves the pictures and hearing her dad's voice. Afterwards go to bed and sleep tight.

Week of losses? WTF!

I'm a boglehead and couldn't care less about the markets.

Nice week-end to y'all!

MT

8-)

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leonidas
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Post by leonidas » Fri Aug 19, 2011 10:34 pm

Spending 10 days at a great resort in Rivera Maya. Only market news I get comes from day old newspapers and this site when I get a chance to log on.

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norookie
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Post by norookie » Fri Aug 19, 2011 10:58 pm

10-12%. 0n close to a 50/50 TSM/TBM split? :oops: , complain to everyone you know personally, you've lost a boat load in the mkt. :wink: Maybe someone will give you some sage advice :wink:
Last edited by norookie on Sat Aug 20, 2011 12:22 am, edited 1 time in total.
" Wealth usually leads to excess " Cicero 55 b.c

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