Txdigest.com

..7% off the highs.

I'm still not jumping in..but I'm warming up in the bullpen.

Not jumping in Greg ?

I thought you were a "buy and holder" ?

Red Oak wrote:Not jumping in Greg ?

I thought you were a "buy and holder" ?

I did not sell anything if that's what you mean.

But I still work for a living, so I have dry powder ready to go.

I sold off 30 percent of my equity positions on the September high, and I am kicking my butt that I didn't sell off 70 percent.

I do continues to dollar cost average weekly and monthly regardless of what the market does.

GFB wrote:

Red Oak wrote:Not jumping in Greg ?

I thought you were a "buy and holder" ?

I did not sell anything if that's what you mean.

But I still work for a living, so I have dry powder ready to go.

While your powder is drying out, it's also loosing it's purchasing power at the rate of 9% a year according to shadowstats.com
http://www.shadowstats.com/alternate_data/inflation-charts

Red Oak wrote:I do continues to dollar cost average weekly and monthly regardless of what the market does.

Smart... Very smart.

planosteve wrote:

GFB wrote:

Red Oak wrote:Not jumping in Greg ?

I thought you were a "buy and holder" ?

I did not sell anything if that's what you mean.

But I still work for a living, so I have dry powder ready to go.

While your powder is drying out, it's also loosing it's purchasing power at the rate of 9% a year according to shadowstats.com
http://www.shadowstats.com/alternate_data/inflation-charts

That person is on drugs.

But I still work for a living, so I have dry powder ready to go.[/quote]
While your powder is drying out, it's also loosing it's purchasing power at the rate of 9% a year according to shadowstats.com
http://www.shadowstats.com/alternate_data/inflation-charts[/quote]

That person is on drugs.[/quote]

I imagine the only reason you have powder is you have dogs instead of kids. If you were having to raise a family you would probably not have any powder unless you borrowed it. Not criticizing, I'm in the same position except we have cats.

planosteve wrote:But I still work for a living, so I have dry powder ready to go.

While your powder is drying out, it's also loosing it's purchasing power at the rate of 9% a year according to shadowstats.com
http://www.shadowstats.com/alternate_data/inflation-charts[/quote]

That person is on drugs.[/quote]

I imagine the only reason you have powder is you have dogs instead of kids. If you were having to raise a family you would probably not have any powder unless you borrowed it. Not criticizing, I'm in the same position except we have cats. [/quote]

That is really dumb..if I had had kids, they'd have left the nest 10 years ago.

The country is not made up of destitute people.

The country is not made up of destitute people.

Over 40% of the country would go hungry if they didn't get money from the govt. to buy food.
Here in the great state of Texas in a solid wealthy Republican Collin Co., I get urgent appeals in the mail and online all the time for emergency donations to the county food pantry.

planosteve wrote:

The country is not made up of destitute people.

Over 40% of the country would go hungry if they didn't get money from the govt. to buy food.
Here in the great state of Texas in a solid wealthy Republican Collin Co., I get urgent appeals in the mail and online all the time for emergency donations to the county food pantry.

No, 40% of the country would go take a second job..or a first.

GFB wrote:

planosteve wrote:But I still work for a living, so I have dry powder ready to go.

While your powder is drying out, it's also loosing it's purchasing power at the rate of 9% a year according to shadowstats.com
http://www.shadowstats.com/alternate_data/inflation-charts

That person is on drugs.[/quote]

I imagine the only reason you have powder is you have dogs instead of kids. If you were having to raise a family you would probably not have any powder unless you borrowed it. Not criticizing, I'm in the same position except we have cats. [/quote]

That is really dumb..if I had had kids, they'd have left the nest 10 years ago.

[/quote]

Greg that is a dumb thing to say, because for the first two decades they would have cost you a crap load, that is unless you only recently started investing.

The few hundred dollars a month I was able to invest 30 years ago has a much larger effect finically than the considerably more I have now to invest monthly.

Of course..time is the most important element.

To anyone thinks I have money saved and invested because I didn't have kids..get a life.

GFB wrote:To anyone thinks I have money saved and invested because I didn't have kids..get a life.

You just had an opportunity to invest more.

I invested in three kids who all have families of their own, and will take good care of me in my declining years.

They were expensive but worth it

"You think we ought to put Dad in that fancy retirement village?"

"Nah, the state will take care of him."