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re: It’s damn near official, no college football

Posted on 7/16/20 at 10:48 pm to
Posted by tigerskin
Member since Nov 2004
41085 posts
Posted on 7/16/20 at 10:48 pm to
If your retirement account is still bleeding you have done something wrong. We have gained most of it back and if you were dollar cost averaging the whole time, you really shouldn’t even be down.
Posted by Che Boludo
Member since May 2009
18297 posts
Posted on 7/16/20 at 11:07 pm to
It's still down -3.64% YTD. Not concerned given the life cycle plan of the portfolio and time I have.

That said, this boom since Apr is an artificial spike. The realities of the pending economic forecast that will occur if we prolong in the current state through the 1st Qtr of FY22 will be devastating. Add in a big government, poor vote propoganda artist administration, and severe structural damage to small business and the middle class, and it is a scary potential situation over the near future.
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