Tyson quote "everyone has a plan until they get punched in the face" is appropriate. I am semi-retired (working the same company for shortened work week with less responsibilities than during full time) and likely fully retire in 2026. All the back testing and monte-carlo calculations says not to worry with the holdings we have. But as always, I reflect on the quote regularly - what, when, where and how hard the punch is going to land is not in part of the back testing and our likely reaction post-punch. Was in graduate school for the 1987 crash and clearly remember watching the 6:30 Pm news, had been through the 2000-2008 era and the short term gyrations during post-covid era. IMHO Nisi's post "A time evaluate yours jitters" is one of the best reads here. I hope I can get up before the count of 10 is reached.
Statistics: Posted by paper200 — Sat Sep 28, 2024 7:55 pm — Replies 96 — Views 8779