Just wait a little bit. Joe's "plan" to stop inflation is to raise taxes

Down 15%. So not good. With inflation it is really not good. I agree, this is one good punch. There likely is a couple more coming. Which could turn a "not good" situation into a really bad one. We'll see.

Sure, "riding it out" is all any of us can do at this stage.

401K down about 15%, got to let it ride

Currently buying bargain stocks through Roth IRA, bought some this morning

I lost 20-30k so far.

Lovely. Fittingly, I'm also a good 20-30 away from retiring anyway.

Lots of good buying opportunities, but I'm down significantly on my 401K...just the nature of this market.

Mine has gone down (market is always past tense as we don't know what it'll do in the future).

I'm OK with this, I've had a solid plan going into to this, so I'll just keep dollar cost averaging via biweekly contributions from my checks. Even more so with it down, throw as much money at it as you can.

You get to buy the same funds you were just OK buying at higher prices, but get more shares for the money.

Same with my Roth IRA and brokerage accounts. Continuing to buy using same strategies I was before the market has gone down.

If you're in retirement versus accumulation, some guidance may not be a bad idea.

Remember, even in a downturn, you haven't lost any money at all unless you sell and lock in that loss.

Just checked — down 16.37% YTD.

Down 19% from the Trump Economy Era.

Down 23%

Down 13% YTD

Down 22% YTD

quote:

Originally posted by 1s1k:
In it for the long game so I don’t really sweat it right now.

quote:

Originally posted by Flash-LB:
They're down, all of them, but they'll be back in the long run. No worries.

My portfolio is down about 16% YTD, but I feel the same as the above.

I have at least 12 and more likely 22 years to retirement.

Eyes on the long term prize, not the short term volatility.

Down over 18% YTD.....FJB. Retired on January 1st and have to minimize distributions. Once again....FJB.

I'm down a big chunk since last November's peak. However, I have 12 years to retirement so I'm not too worried.

quote:

Originally posted by Schmelby:
I took a pretty bad hit last quarter, I'll bet next quarter
won't be any better. I think I need to find a financial planner.

Not certain it will matter.

We're with a guy who's very good. But, when things turn this bad, there's not much that can be done.

We're invested quite conservatively. Despite that, we've managed a ±15% gain year-to-year, for the ±six years we've been with him.

Since shortly after the beginning of the year we've taken about an 8-10% loss.

I lost 1/6th of what I had put into it myself, in the past 3 months alone. I try not to think about it as I have a few more years left but it is concerning.

Down, it's not pretty.

Lost $100K last month, and down a total of $200K since January 1. I’m retired and not working, and no SS yet, so it’s what I’m living on. Little to do but ride it out and hope it turns around.

If anyone is thinking about selling their stock because it's down, remember this:

You haven't lost a cent until you sell, then you lose.

Brandon is busy turning my 401k into a 000k