Yawn....

[Wonk]

Maybe it's just Friday or maybe it's Harry Browne speaking to me from a lovely place...but I'm incredibly uninterested in Irish bond defaults, California budget crisis, QE...heck, I'm even tired of gold!

Anyone else kind of fatigued by all the financial news?  Seemingly everything is a top story but nothing ever happens.

[Snowman9000]

I dunno, it looks like everything went down today.  I hate when that happens. 

[smurff]

Maybe it's just Friday or maybe it's Harry Browne speaking to me from a lovely place...but I'm incredibly uninterested in Irish bond defaults, California budget crisis, QE...heck, I'm even tired of gold!

Anyone else kind of fatigued by all the financial news?  Seemingly everything is a top story but nothing ever happens.

Yeah, Wonk, I know how you feel.  The least trivial announcement about anything financial is breaking news, even though nothing they're talking about is broken.  

[Storm]

Yeah, today is a bad day for everything.  It's kind of rare when that happens and almost every asset class goes down at once.

[foglifter]

I noticed that today most commodities (especially agricultural) went down due to China's growth concerns and it seems that gold's micro-correction was due to it's commodity side, not the "real money" side.

[rwc356]

Yeah, today is a bad day for everything.  It's kind of rare when that happens and almost every asset class goes down at once.

For those of us newly investing in PP this was not the type of day you want to see. Now that I'm retired I take the 1% down days a little more personal.

[Wonk]

Maybe it's just Friday or maybe it's Harry Browne speaking to me from a lovely place...but I'm incredibly uninterested in Irish bond defaults, California budget crisis, QE...heck, I'm even tired of gold!

Anyone else kind of fatigued by all the financial news?  Seemingly everything is a top story but nothing ever happens.

Yeah, Wonk, I know how you feel.  The least trivial announcement about anything financial is breaking news, even though nothing they're talking about is broken.  

Exactly.  Everywhere I look there's supposedly a crisis.  Used to be Greek debt, no biggie.  Then it was Spain.  Poof.  Now it's the Irish.  Meh.  Hasn't California been on the verge of default for the last 3 years?  People have been talking about Japanese debt and U.S. debt for so long it's become a snoozer as well.  At some point it will matter, but I think I've lost much interest until it actually matters--like the week of...

[Wonk]

Yeah, today is a bad day for everything.  It's kind of rare when that happens and almost every asset class goes down at once.

For those of us newly investing in PP this was not the type of day you want to see. Now that I'm retired I take the 1% down days a little more personal.

I feel for you--definitely not the day you want to see.  If I were retired, I would probably block access to my accounts for 30 days at a minimum, maybe even quarterly.  The daily action is just noise.

[Snowman9000]

I go long periods of time not knowing what the Dow or gold have done.  For some reason lately I've been more attentive.  The inattentive periods are easier to take. 

[Roy]

The inattentive periods are easier to take. 

Yes.  This all goes back to the "no frequent peeking" discussions.  Although the HB portfolio rides smoothly, the peeking at its volatile parts causes the very intent investors ought not to undertake—focus upon the assets in isolation.  From a behavioral viewpoint, PRPFX might actually be better for peekers because it camouflages the movements of the individual parts.

[rwc356]

Agreed - but then if I had that level of self-discipline I would be a lot thinner and not taking Lipitor