December 21, 2018, 07:57 PM
well1147Your 401k
Hows the market treating you in december im down 7k this week alone, hope your doing better.
December 21, 2018, 07:58 PM
jcsabolt2Lost all gains for the year and then some.
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“Nobody can ever take your integrity away from you. Only you can give up your integrity.” H. Norman Schwarzkopf
December 21, 2018, 07:58 PM
sig77Unless 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. December 21, 2018, 08:02 PM
808Ug
A supervisor at work complained of loosing around $15,000 since October.
I’ve lost about $7000 since October.
_______________
NRA Life Member
December 21, 2018, 08:05 PM
PossibleZombieI 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.
December 21, 2018, 08:10 PM
old rugged crossAh 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"
December 21, 2018, 08:10 PM
apf383Taking a friggin’ beating.
Foster's, Australian for Bud
December 21, 2018, 08:18 PM
Powers77I'm going to be adding to my stock positions as I have been a bit under weighted for my long term goals. 1-2% increased weighting at a time.
December 21, 2018, 08:22 PM
cne32507I personally crashed the market by buying in with a matured CD in late November. Forbes is calling for an interview.
December 21, 2018, 08:23 PM
roberthI keep telling myself this is an opportunity to buy on the drop and then the rise later.
December 21, 2018, 08:26 PM
BillyBonesNYMine are down 10k since last quarter, been here before.
Frankly, now is the time to buy, when stocks and guts are low.
December 21, 2018, 08:28 PM
Balzé HalzéI haven't looked at it all month.
~Alan
Acta Non Verba
NRA Life Member (Patron)
God, Family, Guns, Country
Men will fight and die to protect women... because women protect everything else. ~Andrew Klavan
December 21, 2018, 08:53 PM
Gear.Upugh!
December 21, 2018, 08:54 PM
Rey HRHquote:
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.
December 21, 2018, 08:54 PM
StorminNorminI have lost about $20K in my 401K I can no longer contribute to. The last time I had checked the balance was a few weeks ago. I am not concerned as the market is like a roller coaster; it will go back up. For my other 401K I can contribute to, I look at it as I am buying low right now.
NRA Benefactor Life Member December 21, 2018, 08:54 PM
SW_SigMy IRA and individual investor accounts are down over $100K since October.
They will recover and I have 7 years till retirement
December 21, 2018, 08:57 PM
smschulzMaybe a good time to buy some more.
December 21, 2018, 09:04 PM
280noslerI 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.
December 21, 2018, 09:10 PM
RHINOWSOIf 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.
December 21, 2018, 09:30 PM
JellyDoing 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.