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| Lost all gains for the year and then some.
---------- “Nobody can ever take your integrity away from you. Only you can give up your integrity.” H. Norman Schwarzkopf
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Good enough is neither good, nor enough
| Unless you are retiring next year, I wouldn’t worry about it. In the long run, this market will be much higher when you retire. Now the short term money in my brokerage account.....
There are 3 kinds of people, those that understand numbers and those that don't. |
| Posts: 2043 | Location: Liberty, MO | Registered: November 28, 2004 |
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| Ug A supervisor at work complained of loosing around $15,000 since October. I’ve lost about $7000 since October.
_______________ NRA Life Member
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| Posts: 1243 | Location: Great Commonwealth of Pennsylvania | Registered: February 04, 2001 |
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| I lost about $15k this week. Oh well, future shares are on sale. I still have a while until I retire so I'm not too worried about it. |
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Green grass and high tides
| Ah yah. We adjusted our portfolio to a more conservative mix a few months ago at the height of the market, thank goodness. As retirement is looming. But this has still hurt, a lot. Time will time what the outcome will be ultimately. Hoping for a big bounce back for better times. Is Top Ramen a stock, doh!
"Practice like you want to play in the game"
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| I keep telling myself this is an opportunity to buy on the drop and then the rise later.
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| Posts: 11744 | Location: Western Oklahoma | Registered: June 18, 2008 |
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:^)
| Mine are down 10k since last quarter, been here before. Frankly, now is the time to buy, when stocks and guts are low. |
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His Royal Hiney
| quote: Originally posted by old rugged cross: Ah yah. We adjusted our portfolio to a more conservative mix a few months ago at the height of the market, thank goodness. As retirement is looming. But this has still hurt, a lot. Time will time what the outcome will be ultimately. Hoping for a big bounce back for better times. Is Top Ramen a stock, doh!
Why didn’t you tell me to do the same??? Oh, well. This hurt a lot for me. Unfortunately, the company I hired to avoid the next bear market was of the position that there is still a bigger part of the current bull market remaining.
"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946. |
| Posts: 20200 | Location: The Free State of Arizona - Ditat Deus | Registered: March 24, 2011 |
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| My IRA and individual investor accounts are down over $100K since October.
They will recover and I have 7 years till retirement |
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quarter MOA visionary
| Maybe a good time to buy some more. |
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| I am 76% in cash since September, and am still down $9k, or about 2.5%. I bought Amazon at $1691, and it was at 1377 today. That is worth almost $6400 in losses right there. I bought a gold index fund etf back in October, but it is only up 3.6%. waiting for vxx to drop so I can take another position. |
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Go ahead punk, make my day
| If you've been around this planet long enough, you know the GREAT TIMES NEVER LAST.
NEVER.
It's been high and going higher for awhile.
There ALWAYS is a correction.
Be happy, when it's low is a great time for buying.
401/IRA/Retirement --> Long Term.
Of course if you are near retirement, you should be managing risk with less volatile investments. |
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To all of you who are serving or have served our country, Thank You
| Doing OK with mine, moved every thing over to a conservative stable fund end of last February. I learned my lesson on the 1999 dot com bust. Not to get to greedy. |
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