haha really?? it is NOT a favorite of mine! lolol…. but it is the truth, so that always has to come out ;)

thanks for stopping by – always love your vibes around here.

xoxo,
Greenbacks Magnet

I agree. This was a jaw-dropping post. A loss of $60k! A red wedding indeed. I remember seeing that GoT episode. Like that episode, I had to stop watching my 401(k) balances so closely cause it was just loss after loss. But as you say, that is reality and it can’t be escaped from.

Great post!

Miriam

This is true, the risk % is definitely larger if you have less wealth

Lucky timing indeed! :)

Also amusing: my portfolio rebalanced itself. Not in the way I would have preferred…but I don’t have to bother anymore…

Haha… Indeed on that house stuff ;) But we’ll see how long it lasts – my wife just yesterday told me how much she’s tired of moving around and wants to finally buy a house again! I’m angling for one more move of renting while we *look* for the perfect house, but not entirely sure I’m going to win that battle, haha…. It’s getting harder to move with a billion kids in tow.

(and yup – I’m 100% in stocks so your 20% mix is definitely stopping the bleeding on your end)

I was down in Oct 5.7%, wiping out all the year-to-date gains. That tells me one thing. No, not that I’m smarter, a better investor, or even luckier. I’d bet that your investment mix is one with more stock than my mix. As a retiree, I’m in an 80/20 mix. If we go into another crash, I wanted to have about 5 years worth of spending without having to sell low. The downside is that with rates so low, I’m not going go see the high returns you will in up markets.
Always interesting to have a peek at someone else’s balance sheet.

And I’m reminded of the burden you don’t have. No house means no property tax ($18K for me) insurance (another $4K) or ongoing routine maintenance. The mortgage is the least of it all.

Be well!

You too, sir!

So glad you’re enjoying them!