Anonymous
06/17/2026 09:40
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Actually, according to data from schwab and fidelity, accounts held by dead people (as in frozen accounts that haven't gone to the beneficiary yet) often outperform actively traded accounts. A set it and forget it strategy can work very well.
[b]I don't doubt the right person with access to the right information can do very well trading for themselves. And clearly there are such people.[b]
I work full time, I can't spend 40 hours a week studying stocks and making bets. I have most of my portfolio in S&P with some minor diversification and just leave it alone while adding to it aggressively. And it's paid off spectuacularly. There have been ups and downs but it's still paid off spectacularly.
What you are saying is technically true, but what you are saying is mostly BS. You got lucky by investing in a portfolio that isn't necessarily unreasonable, but isn't very diversified and posted great returns over the last 15 years.
It was Warren Buffet who cued me on this strategy. He said in an interview that most people should invest in the S&P and leave it alone. I followed it and once again it's paid off spectacularly, by my standards. I'm pretty risk averse but in this one area I can't fault not diversifying too much.
Anyway, I'm responding to someone who simultaneously said "technically true and "mostly BS." It can't be both, can it? The proof is in the pudding. And the S&P has been phenomenal across the last 20 years. It's had major downturns and I fully expect at least 1 or 2 more in the next 20 years but also expect to ride it out. Part of my retirement strategy is to have about $200k in cash that I will use for living expenses and replenish from the withdrawals on an ongoing basis, but it also allows me to minimize withdrawals for up to two years if the market isn't in a good place and there's been a crash.
I was referring to you basically implying that you can beat the market. You have a lot of confidence due to recency bias that may or may not bite you in the ass. That seems like a lot of money to have sitting in cash, and quite frankly, will offer very little protection from sequence of return risk. Bear markets historically have lasted up to something like 13 years.
The average annualized S&P growth since its creation is 10%. I am not saying I am beating the market. I am following the market!
The 200k in living expenses, at the time of retirement, is living expenses. I will spend that money in a year, just as I spend my salary right now. If the market is good, I simply replenish that pile with money from the market on a rolling basis. If the market is bad, I delay withdrawing from the market. It's my strategy. FYI the 2008 crash took about 5 years to recover.
What an ingenious plan, one year of living expenses in cash to protect yourself from a bad market. Tell us more about your strategy? What is your withdrawal rate?
I am aiming for a 3-4% withdrawal rate. We always keep a decent pile of cash that is earmarked for home repairs or a new car or whatever life throws at us. In the 5 years or so before retirement we'll aggressively build up that pile to about 200k and will use that for living expense, replenishing from the market on an ongoing basis and based on the market performance. We can delay or minimize withdrawals as needed. Between that cash fund and social security we will have enough for at least two full years of living expenses as there's no mortgage nor will we be saving from income for retirement as we are, at that point, retired. If we chose not to.
Anonymous
06/16/2026 18:39
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Actually, according to data from schwab and fidelity, accounts held by dead people (as in frozen accounts that haven't gone to the beneficiary yet) often outperform actively traded accounts. A set it and forget it strategy can work very well.
[b]I don't doubt the right person with access to the right information can do very well trading for themselves. And clearly there are such people.[b]
I work full time, I can't spend 40 hours a week studying stocks and making bets. I have most of my portfolio in S&P with some minor diversification and just leave it alone while adding to it aggressively. And it's paid off spectuacularly. There have been ups and downs but it's still paid off spectacularly.
What you are saying is technically true, but what you are saying is mostly BS. You got lucky by investing in a portfolio that isn't necessarily unreasonable, but isn't very diversified and posted great returns over the last 15 years.
It was Warren Buffet who cued me on this strategy. He said in an interview that most people should invest in the S&P and leave it alone. I followed it and once again it's paid off spectacularly, by my standards. I'm pretty risk averse but in this one area I can't fault not diversifying too much.
Anyway, I'm responding to someone who simultaneously said "technically true and "mostly BS." It can't be both, can it? The proof is in the pudding. And the S&P has been phenomenal across the last 20 years. It's had major downturns and I fully expect at least 1 or 2 more in the next 20 years but also expect to ride it out. Part of my retirement strategy is to have about $200k in cash that I will use for living expenses and replenish from the withdrawals on an ongoing basis, but it also allows me to minimize withdrawals for up to two years if the market isn't in a good place and there's been a crash.
I was referring to you basically implying that you can beat the market. You have a lot of confidence due to recency bias that may or may not bite you in the ass. That seems like a lot of money to have sitting in cash, and quite frankly, will offer very little protection from sequence of return risk. Bear markets historically have lasted up to something like 13 years.
The average annualized S&P growth since its creation is 10%. I am not saying I am beating the market. I am following the market!
The 200k in living expenses, at the time of retirement, is living expenses. I will spend that money in a year, just as I spend my salary right now. If the market is good, I simply replenish that pile with money from the market on a rolling basis. If the market is bad, I delay withdrawing from the market. It's my strategy. FYI the 2008 crash took about 5 years to recover.
What an ingenious plan, one year of living expenses in cash to protect yourself from a bad market. Tell us more about your strategy? What is your withdrawal rate?
Anonymous
06/16/2026 15:59
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Actually, according to data from schwab and fidelity, accounts held by dead people (as in frozen accounts that haven't gone to the beneficiary yet) often outperform actively traded accounts. A set it and forget it strategy can work very well.
[b]I don't doubt the right person with access to the right information can do very well trading for themselves. And clearly there are such people.[b]
I work full time, I can't spend 40 hours a week studying stocks and making bets. I have most of my portfolio in S&P with some minor diversification and just leave it alone while adding to it aggressively. And it's paid off spectuacularly. There have been ups and downs but it's still paid off spectacularly.
What you are saying is technically true, but what you are saying is mostly BS. You got lucky by investing in a portfolio that isn't necessarily unreasonable, but isn't very diversified and posted great returns over the last 15 years.
It was Warren Buffet who cued me on this strategy. He said in an interview that most people should invest in the S&P and leave it alone. I followed it and once again it's paid off spectacularly, by my standards. I'm pretty risk averse but in this one area I can't fault not diversifying too much.
Anyway, I'm responding to someone who simultaneously said "technically true and "mostly BS." It can't be both, can it? The proof is in the pudding. And the S&P has been phenomenal across the last 20 years. It's had major downturns and I fully expect at least 1 or 2 more in the next 20 years but also expect to ride it out. Part of my retirement strategy is to have about $200k in cash that I will use for living expenses and replenish from the withdrawals on an ongoing basis, but it also allows me to minimize withdrawals for up to two years if the market isn't in a good place and there's been a crash.
I was referring to you basically implying that you can beat the market. You have a lot of confidence due to recency bias that may or may not bite you in the ass. That seems like a lot of money to have sitting in cash, and quite frankly, will offer very little protection from sequence of return risk. Bear markets historically have lasted up to something like 13 years.
The average annualized S&P growth since its creation is 10%. I am not saying I am beating the market. I am following the market!
The 200k in living expenses, at the time of retirement, is living expenses. I will spend that money in a year, just as I spend my salary right now. If the market is good, I simply replenish that pile with money from the market on a rolling basis. If the market is bad, I delay withdrawing from the market. It's my strategy. FYI the 2008 crash took about 5 years to recover.
Anonymous
06/16/2026 15:37
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Actually, according to data from schwab and fidelity, accounts held by dead people (as in frozen accounts that haven't gone to the beneficiary yet) often outperform actively traded accounts. A set it and forget it strategy can work very well.
[b]I don't doubt the right person with access to the right information can do very well trading for themselves. And clearly there are such people.[b]
I work full time, I can't spend 40 hours a week studying stocks and making bets. I have most of my portfolio in S&P with some minor diversification and just leave it alone while adding to it aggressively. And it's paid off spectuacularly. There have been ups and downs but it's still paid off spectacularly.
What you are saying is technically true, but what you are saying is mostly BS. You got lucky by investing in a portfolio that isn't necessarily unreasonable, but isn't very diversified and posted great returns over the last 15 years.
It was Warren Buffet who cued me on this strategy. He said in an interview that most people should invest in the S&P and leave it alone. I followed it and once again it's paid off spectacularly, by my standards. I'm pretty risk averse but in this one area I can't fault not diversifying too much.
Anyway, I'm responding to someone who simultaneously said "technically true and "mostly BS." It can't be both, can it? The proof is in the pudding. And the S&P has been phenomenal across the last 20 years. It's had major downturns and I fully expect at least 1 or 2 more in the next 20 years but also expect to ride it out. Part of my retirement strategy is to have about $200k in cash that I will use for living expenses and replenish from the withdrawals on an ongoing basis, but it also allows me to minimize withdrawals for up to two years if the market isn't in a good place and there's been a crash.
I was referring to you basically implying that you can beat the market. You have a lot of confidence due to recency bias that may or may not bite you in the ass. That seems like a lot of money to have sitting in cash, and quite frankly, will offer very little protection from sequence of return risk. Bear markets historically have lasted up to something like 13 years.
Anonymous
06/16/2026 15:20
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Well, staying the course seems to be the best strategy. Do you know of another strategy that consistently out-performs buy and hold with low cost, diversified index funds?
Anonymous
06/16/2026 15:20
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Actually, according to data from schwab and fidelity, accounts held by dead people (as in frozen accounts that haven't gone to the beneficiary yet) often outperform actively traded accounts. A set it and forget it strategy can work very well.
[b]I don't doubt the right person with access to the right information can do very well trading for themselves. And clearly there are such people.[b]
I work full time, I can't spend 40 hours a week studying stocks and making bets. I have most of my portfolio in S&P with some minor diversification and just leave it alone while adding to it aggressively. And it's paid off spectuacularly. There have been ups and downs but it's still paid off spectacularly.
What you are saying is technically true, but what you are saying is mostly BS. You got lucky by investing in a portfolio that isn't necessarily unreasonable, but isn't very diversified and posted great returns over the last 15 years.
It was Warren Buffet who cued me on this strategy. He said in an interview that most people should invest in the S&P and leave it alone. I followed it and once again it's paid off spectacularly, by my standards. I'm pretty risk averse but in this one area I can't fault not diversifying too much.
Anyway, I'm responding to someone who simultaneously said "technically true and "mostly BS." It can't be both, can it? The proof is in the pudding. And the S&P has been phenomenal across the last 20 years. It's had major downturns and I fully expect at least 1 or 2 more in the next 20 years but also expect to ride it out. Part of my retirement strategy is to have about $200k in cash that I will use for living expenses and replenish from the withdrawals on an ongoing basis, but it also allows me to minimize withdrawals for up to two years if the market isn't in a good place and there's been a crash.
Anonymous
06/16/2026 15:07
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Actually, according to data from schwab and fidelity, accounts held by dead people (as in frozen accounts that haven't gone to the beneficiary yet) often outperform actively traded accounts. A set it and forget it strategy can work very well.
[b]I don't doubt the right person with access to the right information can do very well trading for themselves. And clearly there are such people.[b]
I work full time, I can't spend 40 hours a week studying stocks and making bets. I have most of my portfolio in S&P with some minor diversification and just leave it alone while adding to it aggressively. And it's paid off spectuacularly. There have been ups and downs but it's still paid off spectacularly.
What you are saying is technically true, but what you are saying is mostly BS. You got lucky by investing in a portfolio that isn't necessarily unreasonable, but isn't very diversified and posted great returns over the last 15 years.
Anonymous
06/16/2026 14:19
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Actually, according to data from schwab and fidelity, accounts held by dead people (as in frozen accounts that haven't gone to the beneficiary yet) often outperform actively traded accounts. A set it and forget it strategy can work very well.
I don't doubt the right person with access to the right information can do very well trading for themselves. And clearly there are such people.
I work full time, I can't spend 40 hours a week studying stocks and making bets. I have most of my portfolio in S&P with some minor diversification and just leave it alone while adding to it aggressively. And it's paid off spectuacularly. There have been ups and downs but it's still paid off spectacularly.
The only reason that has worked is because there hasn't been a significant market crash in almost 20 years.
Are you kidding? COVID drop was 35% followed by a deep, but relatively short, recession. I know several families that were wiped out by job losses and never recovered.
Anonymous
06/16/2026 13:25
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Actually, according to data from schwab and fidelity, accounts held by dead people (as in frozen accounts that haven't gone to the beneficiary yet) often outperform actively traded accounts. A set it and forget it strategy can work very well.
I don't doubt the right person with access to the right information can do very well trading for themselves. And clearly there are such people.
I work full time, I can't spend 40 hours a week studying stocks and making bets. I have most of my portfolio in S&P with some minor diversification and just leave it alone while adding to it aggressively. And it's paid off spectuacularly. There have been ups and downs but it's still paid off spectacularly.
The only reason that has worked is because there hasn't been a significant market crash in almost 20 years.
Anonymous
06/16/2026 11:20
Subject: How much did you lose today?
Anonymous wrote:I'll start: $137,644.
So how much have you gained back since then? I'm sure it's much more than the 137K you lost.
Anonymous
06/16/2026 11:09
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Actually, according to data from schwab and fidelity, accounts held by dead people (as in frozen accounts that haven't gone to the beneficiary yet) often outperform actively traded accounts. A set it and forget it strategy can work very well.
I don't doubt the right person with access to the right information can do very well trading for themselves. And clearly there are such people.
I work full time, I can't spend 40 hours a week studying stocks and making bets. I have most of my portfolio in S&P with some minor diversification and just leave it alone while adding to it aggressively. And it's paid off spectuacularly. There have been ups and downs but it's still paid off spectacularly.
Anonymous
06/16/2026 10:33
Subject: How much did you lose today?
Anonymous wrote:Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Actually, according to data from schwab and fidelity, accounts held by dead people (as in frozen accounts that haven't gone to the beneficiary yet) often outperform actively traded accounts. A set it and forget it strategy can work very well.
Anonymous
06/16/2026 06:17
Subject: How much did you lose today?
Anonymous wrote:I'm recently retired and check my investments once a year, though not sure why. I can only imagine the behavioral mistakes people are making by paying attention to the ups and downs if the market and all of cadet bonespurs nonsense.
Good for you, completely ignoring your finances.
Anonymous
06/16/2026 05:48
Subject: How much did you lose today?
Anonymous wrote:I'll start: $137,644.
Assuming, OP, you actually sold stock at a loss? That’s probably your first mistake. Buy low and sell high is how to make money.
As for us, we’ve never lost any money in the stock market unless it was intentionally done to free up cash to buy something that promised an even greater ROI. Bought 500K shares of NCLH at $15 on May 19 and sold at yesterday’s opening on June 15 for $20.33. That’s a 35% realized gain of $2,665,000 in less than one month. That’s the concept, OP.
Our overall portfolio is up 20% YTD, 50% in the past year, and 250% in the past 5 years. Back to your crayons and coloring books, OP, and leave the investing to the professionals.
Anonymous
06/16/2026 05:34
Subject: Re:How much did you lose today?
Anonymous wrote:Pulled my money out ($3.5m) in expectation of the job report. So lost almost nothing.
Will be putting in back into S&P early next week.
Interesting how people are okay with just coasting through shit market days when there are clear indicators.
Okay, folks, looks like we have a winner here. And the prize for Stupidest and Most Inexperienced Investor goes to the PP that posted this nonsense.