Archive for the ‘investing’ Category

stock market meets the drakestail & the millionaire mommy next door
November 29, 2007

Good ‘ole Drakestail keeps saying the same phrase throughout the story, most seriously toward the King who owes Drakestail cash.

Quack! Quack! Quack! When shall I get my money back?

That’s how I feel when seeing our investments take dives with the shaky Dow lately. Wise folks emphasize the long view when investing which I intellectually support and understand. But Holy Smokes I’ve really become addicted to torturing myself by looking daily at our accounts’ performance.

And it’s a habit I’VE GOT to break less I go bonkers.

So I laughed out load reading Drakestail over the weekend (…sucker for fairy tales which of note I didn’t become until after age 30). I emotionally, desperately wanted to some how chase the stock market as if it was an actual person – or the would be King being chased by Drakestail – and demand our lost investments back.

Alas the personal finance blogosphere has been AWESOME in rejuvenating and stabilizing my investment outlook. Take the long view sista.

If Drakestail were real and here today, he might say…:

QUACK QUACK QUACK THINK LONG TERM ON YOUR MONEY TRACK!

More From:
The goddess of all things financially independent on how her portfolio continues to thrive despite current market pukeville.

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reviewing one’s portfolio, investing money, & the duh factor
September 11, 2007

I meet with the administrator of our retirement plan tomorrow and look forward to nailing down:

  • what our monthly contributions should be to retire age 65 with 75% of current salary;
  • what our monthly contributions should be to retire age 65 with 100% of current salary (omg that seems nuts but heck why not know the number);
  • and the biggie: what our current allocations should be to achieve any or all of above.

I predict we have too many domestic equities (vs having at least some international stocks). But at this point I’m talking out the wazoo.

Considering one’s age & risk tolerance are key, sure. Yet it’s perspective and context that I crave from tomorrow’s discussion (a follow-up to this first meeting).

Beckoning to tomorrow’s planner:

Help us afford more than tooth picks & water during our sunset years!

More to follow post meeting manana.

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Our retirement plan administrator TIAA-CREF