Comments on: Net worth review: My year-to-date performance http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/ A site to share my tips, tools, and humble thoughts on the journey to wealth Sun, 02 Oct 2011 19:26:45 +0000 hourly 1 http://wordpress.org/?v=abc By: Casey http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/comment-page-1/#comment-5678 Casey Tue, 09 Feb 2010 21:33:05 +0000 http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/#comment-5678 Sorry you lost all your options, and obviously housing was going to drop. What was your networth at this point? Still over 1mil? Sorry you lost all your options, and obviously housing was going to drop. What was your networth at this point? Still over 1mil?

]]> By: Monevator http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/comment-page-1/#comment-3875 Monevator Wed, 20 Feb 2008 10:29:22 +0000 http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/#comment-3875 Sorry to hear about the losses, though remember some of these are 'paper losses'. Your property could bounce back up again in 3-5 years. I know I'm becoming a stuck record for regular blogosphere readers on this, but this is the danger on concentrating on net worth rather than stuff you can control. For instance, you can control (job-willing) how much you save a month, and where you put it. But you can't control what the market does. And options are (I'm sorry to say) a notorious lottery. I've seen so many people suffering at the hands of recent stock falls and judging they're not worth accordingly, I think I'll write a post on my blog about this! Anyway, just my two cents for a different perspective. Best of luck. Sorry to hear about the losses, though remember some of these are ‘paper losses’. Your property could bounce back up again in 3-5 years.

I know I’m becoming a stuck record for regular blogosphere readers on this, but this is the danger on concentrating on net worth rather than stuff you can control. For instance, you can control (job-willing) how much you save a month, and where you put it. But you can’t control what the market does. And options are (I’m sorry to say) a notorious lottery.

I’ve seen so many people suffering at the hands of recent stock falls and judging they’re not worth accordingly, I think I’ll write a post on my blog about this!

Anyway, just my two cents for a different perspective. Best of luck.

]]> By: lakshmanan http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/comment-page-1/#comment-3873 lakshmanan Tue, 19 Feb 2008 18:49:10 +0000 http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/#comment-3873 To hedge u buy long puts based on ur strategy ... like when u can exercise ur options, etc. In general, you end up paying premium, depending on the company and timing of your put buy.. it might all work out well worth it. Believe me in this market, its really make sense to hedge specially if u have huge chunk option To hedge u buy long puts based on ur strategy … like when u can exercise ur options, etc.

In general, you end up paying premium, depending on the company and timing of your put buy.. it might all work out well worth it. Believe me in this market, its really make sense to hedge specially if u have huge chunk option

]]> By: sanjay http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/comment-page-1/#comment-3871 sanjay Tue, 19 Feb 2008 16:23:57 +0000 http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/#comment-3871 how would you hedge for your losses from company stock options? how would you hedge for your losses from company stock options?

]]> By: SingleGuyMoney http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/comment-page-1/#comment-3870 SingleGuyMoney Tue, 19 Feb 2008 13:18:27 +0000 http://www.1stMillionAt33.com/2008/02/net-worth-review-my-year-to-date-performance/#comment-3870 Sorry to hear about the losses. It's a rough market right not but hopefully we will be headed in the right direction soon. Sorry to hear about the losses. It’s a rough market right not but hopefully we will be headed in the right direction soon.

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