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You will have no trouble stopping once you are done. But if you are not done, it will be almost impossible to stop.

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The answer is bicycles. But we prefers bandaids.

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I feel the biggest gains come from just not spending money and investing that. How much have I saved over 20 years by not having a cleaning person. It’s staggering! 100k? No dry cleaning shirts ever, iron myself, hmm, 30k? Eating just cabbage and oats for a month? Cheapest vodka? I think one can get almost rich just being ridiculously frugal.

I did just break down and hire a cleaning person recently because my poor wife can’t take it anymore. Man, the place looks clean…but is it better to have money in the account or dust on the shelves?

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[quote=sdrealtor][quote=scaredyclassic]Nobody really wants to invest at the real bottom because the bottom feels like everythings going to fall another 50 percent, like it’ll never stop crashing..[/quote]

You did when you took advantage of the opportunity of a lifetime and brought your estate[/quote]

That wasn’t me. My wife pressured me. And it definitely didn’t feel good. Did I ever mention I brought alcohol to the closing? Not to celebrate. To drink while signing. Is that normal?

I don’t know if we could qualify to buy it today.

Been dry for over 2 years now…

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Nobody really wants to invest at the real bottom because the bottom feels like everythings going to fall another 50 percent, like it’ll never stop crashing..

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[quote=bibsoconner]Thanks for the responses everyone.
For better or for worse, I didn’t get a a chance to invest today. The powers that be actually expected me to work today on various computer programming emergencies. The nerve of some bosses! :).

A couple more points….
Where is info on Shiller PE10 Ratio? I was actually trying to determine if the P/E ratio was decent.
Another reason I was looking was I noticed the NAV value of some of these funds (example VGK) seemed to be quite a bit higher than the asking price. I’m getting this from finance.yahoo.com which may or may not be the best source.[/quote]

do not try to guess when to buy. Just set up an automatic account. If you feel timid, make the first transfer $50. Increase the transfer as things crash. But keep buying. they don’t ring a bell at the bottom.

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it is a good time to set up a robot investment account and start putting in a comfortable weekly transfer. Wealthfront, betterment, vanguard, etc.

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[quote=Coronita][quote=scaredyclassic]The story on how Putin likely came to power is bone chilling.

Basically he was minister of war under Yeltsin, who was facing corruption scandals. An election for president was coming up. Putin was polling at 2 percent. A series of bombings in apt buildings was killing Russian civilians, hundreds. Putin said it was Chechen rebels and went to war. Six months later he was president, absolved Yeltsin.

The evidence is very very strong that it was Putin and the secret police who did the bombings, not the Chechens, as a pretext for war. That you can read about in depth, lots of investigative journaling on that.

Based on that, odds of a nuclear war are probably more like 1:50.[/quote]

Wrong thread. But ok we are all dead. No big deal.[/quote]

I got lost in the fog of war and attacked the wrong thread. Did not mean that real estate or money issues were trivial.

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The story on how Putin likely came to power is bone chilling.

Basically he was minister of war under Yeltsin, who was facing corruption scandals. An election for president was coming up. Putin was polling at 2 percent. A series of bombings in apt buildings was killing Russian civilians, hundreds. Putin said it was Chechen rebels and went to war. Six months later he was president, absolved Yeltsin.

The evidence is very very strong that it was Putin and the secret police who did the bombings, not the Chechens, as a pretext for war. That you can read about in depth, lots of investigative journaling on that.

Based on that, odds of a nuclear war are probably more like 1:50.

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[quote=svelte][quote=scaredyclassic]What will it take to alarm the markets? In a way, isn’t this more concerning than 9/11? [/quote]

I’ve been wondering the same thing. That this invasion has barely put a dent in the market is, to me, a sure sign of market euphoria.

This is all going to end badly, not sure how or when but I can sure feel it coming.

Buckle up!

[quote=scaredyclassic]On the bright side, if the world ends, at least I don’t have to deal with finishing this damned kitchen remodel. [/quote]

lol I hear ya! We have some horror stories from our kitchen remodel over a decade and a half ago. We’ve recently been inching towards considering another house remodel including kitch but we get about three sentences in, remember all the misery involved and decide our house is just fine as-is. We don’t say that verbally but the silence that ends the conversation is evidence enough we’re both thinking it. And think of all the time and money we’re saving![/quote]

I don’t even want a kitchen anymore. I’m going to eat in the yard with a hot plate and some bread.

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On the bright side, if the world ends, at least I don’t have to deal with finishing this damned kitchen remodel.

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I should list my place for $1 billion, open to counteroffers from Russian oligarchs.

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Both points have truth.

As they say, time in the market is more important than timing the market.

On the other hand, if you time the market right and have time in the market, you do better all around, in terms of the bumpiness of the ride, opportunity cost of allocating saved monies and ultimate return.

Currently reading WAR AND PEACE, a pandemic classic. Not much real estate advice in there, but it certainly gives one the feeling of having to get on with life and the inability to know anything when you’re in the middle of it.

I’m about halfway in the book, and it has a lot of great insight.

But the better short read is THE DEATH OF IVAN ILYICH. 53 pages long, perfect, about a lawyer who suddenly discovers he’s dying. Just spot on. And only 53 pps. I absolutely love this little novella. I especially laugh at the opening, when his colleague buddies first learn of his death, and each one is secretly thinking how this will affect their place in a line of promotions.

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[quote=flyer]Glad to hear you’re doing better scaredy. Even though we’re all triple vaxxed, we still feel like we’ve just been lucky to dodge the bullet so far, and hope this surge is almost over, but, who knows if there might be another in our future.

Looking forward to watching what the new year brings in real estate and the stock market. It’s been a great ride for the past several years, so it will definitely be interesting to see what’s next.[/quote]

I have never been this sick in my life. Jeez. It’s mild, I guess, but usually one gets a little sick, you rest, you shake it off. This bug is way more tenacious.

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I’ve had colds and such but I haven’t been out sick for one day in the last 25 years to miss work, till this week. Covid week. Knocked me out.

Strangely I usually would get the worst of a cold on weekends, then bounce back for Monday. No way I could do anything but lie around.

I’d say it was worse than I expected, but not bad at all compared to classic covid.

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