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We talked about up how much are ya down?

mogley98
Looks like the market correction we have all been saying had to happen may actually be setting in now
3

Comments

12 comments

Date Votes
  • BobJudy
    I guess I look at the market different than most. I have exactly the same number of shares as I had a week ago. Since I had and have no plans to sell any stock, I don't look at it as being a loss at this point. Only if I sold off would I have a loss and only a fool sells low and then buys back in when the price goes up. Bob
    12
  • Rocky Raab
    Spot on, Bob.
    0
  • mac10
    trust me bloomy had his assets out in seconds while the rest of us had to wait a day and a half to trade that is if he didn't turn of the access 
    0
  • Don McManus
    Down around 3% right now from last week.  Have two target retirement funds that fared the worst.  

    Started pulling index-based money out when the Dow hit 28,000 on the way up and was completely out of the index-based funds by the time it hit 29,000.  It has been sitting in a MM Fund that pays 1.5% awaiting this unfortunate event, and is being moved to ready cash today to jump back in tomorrow and next week.

    Have gotten very conservative now that I'm in semi-retirement.  I was kicking myself a bit as the markets kept raising, but not so much today.
    0
  • select-fire
    -375 so far today. Got out of the stock market yrs. ago. Made more money doing property . No risk.
    0
  • mogley98
    Funny I have a target retirement fund dated 2020 and you would think it would be the most conservative rock solid but it was down a few points too. My TIPS were up enough to offset it though.
    Down around 3% right now from last week.  Have two target retirement funds that fared the worst.  

    Started pulling index-based money out when the Dow hit 28,000 on the way up and was completely out of the index-based funds by the time it hit 29,000.  It has been sitting in a MM Fund that pays 1.5% awaiting this unfortunate event, and is being moved to ready cash today to jump back in tomorrow and next week.

    Have gotten very conservative now that I'm in semi-retirement.  I was kicking myself a bit as the markets kept raising, but not so much today.


    3
  • Warbirds

    I haven’t looked but the little line only matters if you’re selling.

    I am probably getting my ass waxed on one fund as it is international technology and for 3 or 4 years now it has been giving 20-30% crazy returns.

    Im guessing I have too much in there right now.

    0
  • Don McManus
    mogley98 said:
    Funny I have a target retirement fund dated 2020 and you would think it would be the most conservative rock solid but it was down a few points too. My TIPS were up enough to offset it though.
    Down around 3% right now from last week.  Have two target retirement funds that fared the worst.  

    Started pulling index-based money out when the Dow hit 28,000 on the way up and was completely out of the index-based funds by the time it hit 29,000.  It has been sitting in a MM Fund that pays 1.5% awaiting this unfortunate event, and is being moved to ready cash today to jump back in tomorrow and next week.

    Have gotten very conservative now that I'm in semi-retirement.  I was kicking myself a bit as the markets kept raising, but not so much today.


    Looked at TIPS a while ago, and figured the market would make the adjustment in a more positive manner than relying on a statistical increase.  It has worked out because inflation has been so low over the past 10 years.  Still have a few treasuries that are paying above 6%, and their value were I to sell them, is well above what they would have been had they been purchased as TIPS.
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  • chme
    Smart friend once told me "Bears make money.  Bulls make money.  Piggies get slaughtered,  Don't be a piggy."
    Retirement funds about half annuities, 25% stocks, 25% bonds.  Portfolio is off about 0.75% this morning.  I don't change funds daily, weekly or monthly.  I also don't worry about it.  
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  • MIKE WISKEY
    who cares, div's keep comming, stock market has only 2 rules
    #1 stock market ALWAYS goes up
    #2 when stock market goes down...........seee #1
    0
  • select-fire
    News said - 10% this week
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  • Don McManus
    Wading back in.  Going to see what a dollar cost averaging approach over the next couple of weeks does.

    It is impossible that things will get any worse. :/

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