Beginning to have some doubts...

Small retirement account sitting off to the side and get quarterly performance statements.
 
Dear John, then some personalized chit chat to make the communication more real and cozy.
 
Seems the stock market isn't doing too good however.
 
After the one on one pleasantries, it says, "We are pleased to inform you that your account has lost $4645 since Jan 1."
 
I'm beginning to think that there might not even be a real person behind the mailer. There may be no one but a robot who really cares if I have spring tulips coming up in the garden. I am shaken to realize that I might have been getting form letters all along. What is this world coming to.
 
John

We are due for a major downturn, its been more than 10 years since the last one and that is not normal. The central banks are printing money left and right and everyone is drowning in debt. The stock markets could easily drop 50% or more, and to be honest they should, as they are insanely onverpriced at the moment. 
 
Doesn't matter much who is at the helm in the US with 21 TRILLION and counting in US debt atm. Imagine if interest rates were to normalize, totally unsustainable. 
 
We should have taken our medicine in 08, but we did not and it will be all the more painfull once we are forced too. Hang on tight! 

Thanks guys for the link and also the real warnings.
 
In my late 60's and in a good place although took sacrifice. Me and the wife were heathen missionary workers in different parts of the world when we collided, trying to save the lowest lost christian from the brimstone pit.. Working in hell holes of human suffering that should not exist. Thought to give it a go together thru life. Started late in our 30's, penniless and no skills that would bring in anything but minimum wage. Was still too young to be a Walmart greeter.
 
Had learned to live resourceful and austere, blessed third world mentality inflicted through pain and instinct to survive. So now we are vegetable drains on the US social security system after letting 40 years of employment smoke settle. As much as I have cursed the American system, it is good to get a check every month. By the grace of Allah, lifestyle is about as good as I can wish for, even if the statistics say I should be wallowing in the pain of poverty. We just don't need money for anything outside of food, utilities and property tax. Money not good for much else. The moment to moment miracle of our life is priceless.
 
I did go thru vst withdrawal but soon shook of the hypnotism that I can't do anything musical without firing up the plastic to get the 3 day thrill of owning the latest and greatest. So cool now because I haven't purchased a new vst for over a year and still can't see the end of what I already have.
 
Somber warning to the mostly still young of you out there like Dmbaer warned, especially if you are supporting a family depending on you. Start pulling the reins, the habits, the mindset now. Save out of every paycheck and adjust lifestyle. Only hurts for a couple months until the extra 100 bucks less is normal. Set priorities for the relative longterm even if it hurts, because tomorrow comes faster than you think, like Pink Floyd said. You don't want to get as old as me and regret that you should have made better decisions earlier.
 
Peace and all that stuff,
John

DeeringAmps
Moved my IRA into CD’s in January.
Interest rate sucks, but my equity is as solid as the US dollar.
Er oh!
T

You *really* need to read the book I recommended above.  There are a number of fundamental truths about investing, perhaps the most important of which is that, apart from extraordinarily rare exceptions, nobody can time the markets (i.e., predict when it's time to jump in or out of stocks).  Seriously, do yourself (and your "golden years") a massive favor and read:
 
https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0470067365