My feelings exactly, my sparkling friend! Which is why I'm protecting my capital and keeping an eagle eye on the market trend. Because I'm out of the markets right now,
Lady, my sweet inspiring friend, I usually never talk about my other accounts and would never give the monetary amount. But my largest account is guaranteed to give a MINIMUM of 4% irregardless of how the Markets are doing and my next biggest account is equally guaranteed to gain NO MATTER WHAT.
This does not give me the right to just trash my TSP account; but because I'm years from retiring and have done far better than average over the years - I feel I have plenty of playing room.
That you have been, and are out of the Markets is a good thing, especially being retired. Volitility will persist for quite awhile. We will not go full swing into a Bull Market any time soon (but we're bound to have a few good up days).
I'll miss that first leg up after the turn, but I've missed a lot on the down-side that will more than make up for that. And as you have shown in such detail, the year after a bear market ends has historically been a great time to heal! And won't we all look forward to that!
Indeed we will. I don't know that we've ever had a situation of this magnitide; that so deeply involved the Financial Sector. I honestly don't believe the majority realize the depth and width of the problems - BUT IT IS GREED THAT FUELED EVERYTHING - and once that takes hold it's essentially impossible to stop. That would be the most essential truth behind everything that transpired. But how do we stop the Banks, Financial Institutions, and Corporations from not having this mindset??
History will likely repeat itself within the next 20 to 30 years and a collapse is enevitable. But let's not worry about it; or even think about it. The best thing we can do is live one day at a time and make the most (out of life) with each day we have.
(Hi to Frixxxx, who said he'd be camping out at your house.)
Lady