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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Boca_PETE who wrote (3288)	12/25/2006 11:52:41 AM
From: Kirk ©	Read Replies (1) \| Respond to of 10065

Thanks for the clarification Pete, but it is not what you said here Message 23126875 in reply to my very specific case of having "new money" a few months ago when the market was at 1267. "Good advice" then was to lump sum into the market. Someone on the 12 month DCA plan would still have 70% of that "new money" in cash (starting ~3 months ago under 1300) which would be closer to what a bear would advise. How do you think a new subscriber who started with cash felt about missing that 11% gain? Also, 75% now in cash is even more bearish than Brinker was in 2000 with only 60% in cash. Think about it.... this is why I say he "has it both ways." When you become age 65+, your views on investing and asset allocation will likely become more conservative I doubt it. I think they will remain the same but my asset allocation will become more conservative as it does every year I age. Merry Christmas. K

To: Boca_PETE who wrote (3288)	12/26/2006 8:03:49 PM
From: Investor2	Respond to of 10065

Re: "In my personal opinion, the good go-forward investment advice in this uncertain market is as follows: - Maintain allocations for current assets invested in the stock market. - Dollar cost average new money into the market. - Lump sum invest new stock market money on dips below S&P500= 1250. When you become age 65+, your views on investing and asset allocation will likely become more conservative." I agree with your investment advice. I think it is good advice for anyone with a conservative and/or mid- to long-term investment horizon, regardless of age. Best wishes, I2

To: Boca_PETE who wrote (3288)	12/26/2006 8:27:39 PM
From: Investor2	Read Replies (1) \| Respond to of 10065

Pete, I ran across this quote in another thread. It almost sounds like something one of those slightly paranoid doom-and-gloom permabears would say. "Despite improvement in both the fiscal year 2006 reported net operating cost and the cash-based budget deficit, the U.S. government’s total reported liabilities, net social insurance commitments, and other fiscal exposures continue to grow and now total approximately $50 trillion, representing approximately four times the Nation’s total output (GDP) in fiscal year 2006, up from about $20 trillion, or two times GDP in fiscal year 2000. As this long-term fiscal imbalance continues to grow, the retirement of the 'baby boom' generation is closer to becoming a reality with the first wave of boomers eligible for early retirement under Social Security in 2008. Given these and other factors, it seems clear that the nation’s current fiscal path is unsustainable and that tough choices by the President and the Congress are necessary in order to address the nation’s large and growing long-term fiscal imbalance. Another one of those doom-and-gloomers? NOT!!! Try the Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget (OMB)! fms.treas.gov Maybe this really is a secular bear market. Best wishes, I2