TTSH What 3rd gen did you see at the show?

[Jeppo]

Yikes!!! Try not to encourage the Jeppo! He is already draining the country of top quality 3rd Gens! We can't afford to lose even more!

I’m inspired but the stock market isn’t cooperating a bit.

 

[TTSH]

I’m inspired but the stock market isn’t cooperating a bit.

Oh, tell me about it! Living solely on Social Security and what I dare take out of my pitiful, dwindling little rollover IRA each month, I know how you feel. Yesterday was brutal beyond words.

Just today, I made the hard decision to give up the "Christmas Bonus" distribution I normally give myself every December to pay for family presents and other seasonal expenses.

I guess I'm also fortunate that an offer I made on a gun for sale in the classified before yesterday's crash was not accepted. Sad as it was, it is beginning to look like it might have been a blessing in disguise. Only time will tell.

So I feel your pain Brother Jeppo. Better times will return. Just can't tell when.

 

[mbliss57]

Oh, tell me about it! Living solely on Social Security and what I dare take out of my pitiful, dwindling little rollover IRA each month, I know how you feel. Yesterday was brutal beyond words.

Just today, I made the hard decision to give up the "Christmas Bonus" distribution I normally give myself every December to pay for family presents and other seasonal expenses.

I guess I'm also fortunate that an offer I made on a gun for sale in the classified before yesterday's crash was not accepted. Sad as it was, it is beginning to look like it might have been a blessing in disguise. Only time will tell.

So I feel your pain Brother Jeppo. Better times will return. Just can't tell when.

TTH look at the market in the past month. Its like a seesaw. Yesterdays fall will be tomorrows gain. The big hit was was October but how can you be such a dooms day the Dow is up 31% since this time 2016. You can't focus on the short term gains if you want to stay sane!

 

[TTSH]

TTSH look at the market in the past month. Its like a seesaw. Yesterday's fall will be tomorrow's gain. The big hit was in October, but how can you be such a dooms day the Dow is up 31% since this time 2016. You can't focus on the short term gains if you want to stay sane!

Indeed, the last new high for my little IRA was hit on 8/29/2018 with a couple near highs again on 10/1-3/2018. The current crash began on 10/4/2018 and I've been hurtin' ever since. I track it daily if not hourly. My budget is that tight. I was encouraged by some nice regaining of some losses over the past week or so... ... but yesterday's crash took those gains away again. It does not matter to me that the Dow is up XX percent since YYYY year. I'm long retired and live off my SS plus monthly IRA distributions which means I have lived off most of those historical gains already.

But I am not complaining. I have a new plan to get through Christmas and I won't even miss one meal (which I really should being so overweight!).