How about you? How much did you lose? Don’t worry mate! Charles is here to help!
You only lose if you sell. So I haven’t lost anything.
This is the only strategy.
If I was smart I’d have switched my index to a global or overseas one. Then back after Tusk crashes the market. Which they did.
Have a world wide index fund. Just keep contributing. Does not matter what’s going on.
Yeah but don’t touch your shit until it bounces back. Touch it now and you’re selling low when you bought high.
You lose if you sell or if Trump fucks up the economy enough to completely wipe out many businesses (such that their stocks go to zero/get delisted).
Frankly, given the real possibility of (a) the US becoming a Russia/Iran/North Korea-style pariah state or (b) the MAGA fascists triggering a civil war, that could actually happen.
Remember, This. Is. Not. Normal. The usual economic assumptions do not take into account this sort of sovereign risk, and thus may not actually apply.
Yeah, In a normal oh dear gods we’re all gonna die depression like this, t bills. T bills are not secure. Oh dear gods we’re all gonna die.
U will have to sell one day, time ticks, u get old, u need the money. Then realize our 401k became same as Japanese stock market
Nope, I’m taking my shares with me to the grave. I have a lawyer agency ready to prop up my rotting corpse in every shareholders’ meeting.
Thankfully most of my investments are in GICs (Guaranteed Investment Certificates) which are Canadian investments with a guaranteed return. Interest rates were jacked up recently and these were giving guaranteed returns of 5%+ which I thought was good enough. They’ve dropped to about 2.5% and I was thinking of moving more money into mutual funds. Good thing I didn’t.
The only mutual fund I bought into is mostly based around US stocks. I bought in at $13.20 per unit and its now worth $12.40 per unit so a loss of $0.80 per unit. I have 800 units so that’s currently a total loss of $640. At its height it was about $14.50 per unit which would have meant a total gain of $1,000. Even if the value dropped to $0 I’d still have plenty of savings so I’m not worried!
I haven’t lost anything. I haven’t sold anything. You only actually realize a loss if you sell. I’m far enough from retirement that I’m essentially just buying the dip right now.
-$150,000
I feel for you! In a few decades, we we recover, we should go have a drink…of rain water. I assume rain water goes thru cheap wooden boxes.
Rainwater with pure grain alcohol, of course.
Think my tracker is behind only shows me down like 5% from peak right now.
A lot of platforms only update at the end of the month. S&P 500 is down 11.54% and NASDAQ composite is down 12.5% in just the last 5 days.
If you got 17,000 points like a NASDAQ has and you take away 2% every day like we’ve seen for a few days now, it will take 34 days to half!
Half! The new double! Who knew!
Or maybe let’s guess how much we’re gonna be losing this week! I hear there’s more fun the orange stain wants to have this week.
I’m.losing another 10 for sure if not all. I need to invest in a building tour. It has to be at least 5 stories tall. Can you jump from lady liberty these days? I need something without safety nets…you know for photography. Like maybe I’ll take a selfie.
Its 6 am on a Monday. I’ll be going to work for another 8 hours of my life to make absolutely nothing compared with all the money I’m gonna be losing.
Why does this kinda read like a song or a poem?
Its the new single from Taylor Swift. Now all grown up, the bank tells her the bad news. She must suffer. She can’t get fat or have a family to feed because there’s no money to go around. She’s forced into the life of a skinny bitch. She dreams of having money for a boob job but must settle with stuffing socks in her bra. Sad, very sad.
What a touching song about her difficult life! It must be very hard when your private jet is 0.02 seconds late!
