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This Week's Big Sale on Wall Street

Same here. Went from DINKs to dual income with kid to me being the main (by a large margin) earner. Wife does tax accounting from home and that mostly goes to pay for private education. Two more years kid goes to university.

I have a 16, 14, and 11 year old to get through college. Hence my 10 year more until retirement.

That is what I get for marrying a 2nd time to a women 14 years younger than me....LMAO
 
It is more psychological until you need it for day to day living. Then it isn't.

I am at least fortunate that my wife is entering the working world in a year. We will for the first time have two incomes. I hated being the sole breadwinner but raising the children properly was more important.

Exactly.

Until you "liquify" it its just data that doesnt really effect my day to day present.
 
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Tuition maybe, but doubtful overall once he needs his own, separate food and lodgings as well...

Of course, he could go close to home, so you may be right.

I just know we started a fund when my kid was born, and the way tuition keeps climbing it's not going to come close to covering by the time he's 18...
 
1. The Fed raised interest rates.
2. It's a normal sell off. A bit earlier this year but that trend has been moving to mid-October. Fairly normal.
3. It's much higher this year due to the amount of money made in the previous months. A LOT of money. Lots of selling of losing stocks to equalize their earnings for tax purposes.
4. There's a lot of buying opportunities now but not for long because...

5. It appears we've hit bottom and many are taking advantage of the "sale". Most stocks are rebounding as we speak. Sit tight and buy NOW if you can.
 
You are an idiot. You're NYT summary is remedial, and your causality nothing but leftist, political bullshit. In order to hold the views you do you have to ignore massive anomalies in the system created by ignorant, Democrat policy. Typical leftist bullshit sprinkled with a smidgeon of real, free market nomenclature.

You're an economist only in your own mind.

I love when people call me an idiot and then immediately demonstrate their illiteracy by failing to use your / you're correctly. Really adds that extra dollop of credence to every boring myopic ensuing trope they inevitably drag out.
 
I love when people call me an idiot and then immediately demonstrate their illiteracy by failing to use your / you're correctly. Really adds that extra dollop of credence to every boring myopic ensuing trope they inevitably drag out.
Intelligence and English Composition are not co-dependent. There is a bit of Truth for ya
 
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Typical leftist humility calling yourself “truth”. Is that your truth, A truth, or The truth? The king or tropes complains about tropes? It would be ironic if it had a hint of humor. It doesn’t. Turns out “truth” is nothing but a radical, partisan opinion masquerading as fact.
 
It’s going to be your lot in life that your genius is only appreciated by yourself. Don’t confuse that with pity though. I’m pitiless when it comes to arrogant imbeciles like you. Figure the odds you’re a twenty something millennial trying to profess and impress us with your knowledge. It’s a tough lot in life to try and educate and proselytize to the stupid gun guys. You’re a shining light of wisdom in a sea of darkness...truth.
 
It’s going to be your lot in life that your genius is only appreciated by yourself. Don’t confuse that with pity though. I’m pitiless when it comes to arrogant imbeciles like you. Figure the odds you’re a twenty something millennial trying to profess and impress us with your knowledge. It’s a tough lot in life to try and educate and proselytize to the stupid gun guys. You’re a shining light of wisdom in a sea of darkness...truth.

You're so creative. Ever think of hiring an editor and writing fan fiction or anti-leftist erotica?

Tell me more about the rabbits, George.
 
Truth seems to live up to the Dem philosophy. Accuse others of that which you actually are. It (not sure of sex don't want to trigger) likely proof reads Porn scripts to make the whores look intellectual.

Trump is a Businessman not a Politician. Politicians spend money expecting no return (other than favors). Trump is spending money too but he wants a return. To him it's an investment. An investment in America. He expects to get results from his investments. So far he is. BTW he is cutting cost's they say can't be cut. He knows how to get results.
 
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Trump is a Businessman not a Politician. Politicians spend money expecting no return (other than favors). Trump is spending money too but he wants a return. To him it's an investment. An investment in America. He expects to get results from his investments. So far he is. BTW he is cutting cost's they say can't be cut. He knows how to get results.

#derp
 
Awe man! You were breaking through! You were TEACHING us about politix, and economixs, and social consciousness! You were right there man! You just about had everyone on The Hide ready to vote for Hillary, and to accept you as our socialist master to guide and correct us so we understood...troof!

:ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO:

Then you went and had to derp! Roont!
 
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I love when people call me an idiot and then immediately demonstrate their illiteracy by failing to use your / you're correctly. Really adds that extra dollop of credence to every boring myopic ensuing trope they inevitably drag out.
You used "dollop" and "trope" and "myopic" in the same sentence.

Are we supposed to think you are smart .....or just really good at the LGBTQ edition of Scrabble?
 
It's getting to be a push financially as to whether it makes sense to reload or buy new 9mm & .45. The cost of bulk bullets needs to come down.

Man, I second that. Thinking of making my own at this point. They sell a machine that swages copper jacketed lead up to .50, but I don't know how well they work. Thinking of asking for samples to inspect and fire. Could also just get the best lathe of it's type I can get and make solid copper and brass bullets, maybe with tungsten inserts for better penetration and BC. This would take advantage of all the math and analysis I studied at university and I could get my license and make a domestic Raufoss, I'm sure that'd sell gangbusters. Hell, I could get a govt. contract one day if it worked out! Everyone says "don't load/sell ammo, too risky" but this is different. Maybe I found my new business and one I can work up to... May look into this.
 
Until you "liquify" it its just data that doesnt really effect my day to day present.
Exactly. Well said.
The sequence doesn’t matter during accumulation in the manner it does in distribution. Although it can really piss you off during a correction.
A couple good reads on sequencing in distribution. (Not click bait just reports, too long to copy/paste)

http://www.peterwilmot.metlife.com/files/41120/RETINCWPCLIENTM~001.pdf

http://abovethecanopy.us/sequence-of-returns-biggest-risk-to-a-successful-retirement/

https://www.mdpreferredservices.com/documents/Milvesky - Sequecing of Returns.pdf
 
Exactly. Well said.
The sequence doesn’t matter during accumulation in the manner it does in distribution. Although it can really piss you off during a correction.
A couple good reads on sequencing in distribution. (Not click bait just reports, too long to copy/paste)

http://www.peterwilmot.metlife.com/files/41120/RETINCWPCLIENTM~001.pdf

http://abovethecanopy.us/sequence-of-returns-biggest-risk-to-a-successful-retirement/

https://www.mdpreferredservices.com/documents/Milvesky - Sequecing of Returns.pdf

Milvesky's paper is quite excellent. I read it for the first time a long while ago. Above the canopy is an excellent site for material as well.
 
Thanks.
I agree. He brings in a concept unfamiliar to many although it becomes a huge influence during distribution.
Seems that accumulation is the fixation not how to make it last. Done correctly, you can utilize concepts that allow greater cash flow in retirement while lowering or eliminating some of the risk.
 
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Thanks.
I agree. He brings in a concept unfamiliar to many although it becomes a huge influence during distribution.
Seems that accumulation is the fixation not how to make it last. Done correctly, you can utilize concepts that allow greater cash flow in retirement while lowering or eliminating some of the risk.

The gem of that paper is looking at your investment return history and computing both the arithmetic and geometric mean. The geometric mean is an incredibly accurate long term barometer for basing projections that are more realistic. It also does provide you a risk weighting factor.

People do fixate on accumulation versus longevity. I have no issue with taking my profits whenever I see troubling times. Stops need regular adjustment as profits increase so you can always be sure to walk away with profit. Most people seriously fail here. People quote the adage what goes down will come back up. Historically that is true but how long it takes varies. Losing a significant % of your portfolio in your later years is foolish. Anyone would agree but most people's behavior does not track that belief.

The composition of your portfolio changes as your goals change. By composition I don't mean which equities to hold. The portfolio asset classes change and have to if you're going to stay ahead of the curve regardless of the economic environment.

If you do it right, you will always make money. How much will, of course, vary with the times. And if you take profits regularly, you will always grow.
 
Yessir.
The stops can be as simple as below the x number of days low or even a moving average but I agree, they need changed periodically.
Portfolio standard deviation can be used to warn of extremes or even help with money management.
 
Yessir.
The stops can be as simple as below the x number of days low or even a moving average but I agree, they need changed periodically.
Portfolio standard deviation can be used to warn of extremes or even help with money management.

Your portfolio's SDEV should always be compared to the SDEV of the S&P 500 under identical conditions. It is an excellent indicator of the attributes (good or bad) of your portfolio. It can guide your decisions in an extremely positive way