Stockmarket prolonged dive?
I have been thinking that it has only been going sideways at best in Canada compared to the last few years. Since just after last Christmas Basically.
I suspect the big guys are also reducing their exposure right now. Normally I would buy more on the next correction. At the same time the correction may be long lived is what I suspect. The wife and myself in the scheme of things are very small investors. I have to wonder if we should even still be in the market at all? |
Quote:
|
Nearly nothing in the stocks for me. I have some cash parked in TIAACREF which is a non profit organization for teachers and educators. Its earning from 3 to 4% with no risk so that seems good enough to me.
I like having my money in real estate and cars. I understand them and they cannot go to zero the way that stocks can. |
Threads about investing are typically exercises in "everyone's got an opinion" since there's few, if any, golden rules of investment, except buy low, sell high, which may be qualified on one's current tax position. ;)
Goals - both short and long term, risk tolerance, investment size and a dozen other factors can affect any plan. This is likely why most people either don't have a plan or merely use their company's 401(k) plan or mutual funds as their primary retirement engines. |
Quote:
|
Caution
Consider the 4% rule.
http://www.nytimes.com/2015/05/09/your-money/some-new-math-for-the-4-percent-retirement-rule.html Models suggest someone my age should be 60/40 Fixed/Equity. I'm still 60/40 Equity/Fixed. I do not believe Yellin will raise rates in 2015 & maybe not in 2016, election and all among variables. Want overvalued stock? Go East young man, go East. ;) Credit Suisse Says Chinese Stocks are Overvalued by More Than 20 Percent - Bloomberg Business |
US has also been up and down this year, especially since March. 20-30% correction would be a primo buying opportunity. Here's to it.
|
Quote:
We do not have a his and hers money situation. I just feel more comforatable if she thinks a percentage is totally hers. It is anyways. If I managed her investment myself it would do much better with even less risk. If I can do this and I can. My question to the fund providers a few weeks back is why are the professional groups like mutual funds not showing higher returns on average? My growing suspicion is they overall may be far less than honest now than ever. All I am trying to achieve today is to keep fairly safely ahead or on par with real inflation in Canada. Retention of the buying power of ones existing money is not as easy now. A major problem is the general monetary policy in north America currently. As you get to be the age we are as a couple. Money for whatever place it existed in our lives becomes yet always lower on the list. It gets displaced more and more by other things becoming more important than ever. Young you wonder how or if you are willing pay for something. Older the consideration becomes do you really want it? The cost of it usually just does not matter. For example I always had the ability to make perhaps many times what we currently have. That is in excess of our needs. It just was so low on the priority list that I never did it. No regrets either. I always just wanted us to be the average couple with reasonable financial security as much as possible it is to have it without changing us. Anything more than that might have been more trouble than it was worth. Or maybe the four offspring may not have done as well in life. Simply because I would have had even less time to spend with them when growing up. There is an old saying that goes somewhat like. If you did not come from a very wealthy family. Excess wealth in the first generation is at least somewhat more problamatic to overall deal with. I tend to believe this in a general way. For example I am not against an individual having great wealth at the same time. For some it represents a form of primary security in their minds. Some a game. Some things I cannot even visualize. Alas there really is no such thing as with or without it you can be still be here today and gone tomorrow. As long as the surviving spouse has adequate means you probably have done your job. Anything beyond that you will probably never spend anyway. The residual value of the harder assets should be adaquate for the kids. |
Quote:
When you know what your investments have been invested in, and for how long, it's then possible to easily assess performance. Once those questions are answered, simply do the assessment of their performance doing a side by side comparison of what the broad stock market averages produced for the same period of time. Then there's the question of how much sales or service charges your advisor(s) are costing you every year, based on the amount, and or performance of your specific portfolio(s). Then lastly, align that performance or non-performance against the same period of time's annual inflation in your Country. Our Country's broad stock market has tripled since 2009. That's 300% Up in less than (6) years. Not sure what your stock market(s) i.e. performance(s) are? You'll have to find that out. Inflation is running less than 3% in our Country, for several years now. There is no inflation to speak of - even today (in our Country anyway.) Since you brought-up family too, I'll comment on that aspect. You may have a blended family situation? IIRC, you've been married before this wife. If that's the case, and there are children or step-children involved, you've got the opportunity now to set things up via your Will to remove any situations from developing that you can circumvent now while you can plan for it - financially speaking of course. |
Quote:
|
Quote:
|
Quote:
|
Quote:
|
Quote:
It's hard to accurately calculate from 2007, since the account remained contributory until July 1, 2011, when the firm dissolved. But since then, through Mar. 31, 2015, total growth is 37.5%. Dunno total market return for same period, but I have no complaints. Current mix is 56/44, fixed/equity. The good news is the fees are .55% per annum. The bad news is the plan will probably finally shut down this year if the other two remaining participants repay their loans. :rolleyes: |
Quote:
|
All times are GMT -4. The time now is 12:11 PM. |
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2024 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website