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Some calming article needed

Posted: Thu Aug 17, 2023 11:07 am
by Vil
Hi guys,

I knew I should not have a look on how my investments are doing.
I think all the PP, GB-ish, good_bad_ugly-weather and alike portfolios are getting smashed ... Some short bonds or money markets really sound to me as getting back a small piece of money taken away by the inflation. Do you know of some recent calming article (lullaby for financial ignorant like me) ?

Re: Some calming article needed

Posted: Thu Aug 17, 2023 11:34 am
by dualstow
That’s a good question. Does it have to be a recent article or can it be timeless? :-)
I’ll look for both this afternoon.

Re: Some calming article needed

Posted: Thu Aug 17, 2023 7:06 pm
by boglerdude
The only things crushed are long bonds?

And we're only able to have have this conversation because civilization was saved by the vaccine. Thats nice isnt it?

Re: Some calming article needed

Posted: Thu Aug 17, 2023 10:45 pm
by Hal
Well.... consider you went off and purchased Vanguards most conservative Life Strategy Fund instead ;)
https://investor.vanguard.com/investmen ... asix#price

Plan B: Get a dog to distract you! https://www.youtube.com/watch?v=CvPVQx_Jnt8

Re: Some calming article needed

Posted: Fri Aug 18, 2023 6:57 am
by Vil
Indeed. Even with a good start date sensitivity, having started HB/PP/GB passive investing at the end of 2019 is kind of painful experience - what you get is what you lose. (I hope) I know the theory behind what I've done, but still I wish I had started 10 years back ha-ha. Ok, ok, I know the "the stock market is a device for transferring money from the impatient to the patient" mantra too ..

Hal, dog I'd really love to have, but given that my family expects kind of shared responsibility => no responsibility => dad's responsibility, I still do not take that step. My mom has many cats (too many for my taste actually) and is taking very good care of them, so I do my pet_stress_reduction_sessions playing with them...