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Joined: Mar 2020
Posts: 7
New Member
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New Member
Joined: Mar 2020
Posts: 7 |
Nothing until I sell, which I'm not. I'm afraid to look at the numbers to be honest though...
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Joined: Feb 2007
Posts: 11,822 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2007
Posts: 11,822 Likes: 2 |
Exactly $0, just like everybody else, who hasn't sold in the last 2 weeks ! Same here. I get a monthly report and only look at it then. Should get it soon and I expect a drop of 10%, but have sold nothing.
NRA Patron
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Joined: May 2004
Posts: 2,820
Campfire Regular
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Campfire Regular
Joined: May 2004
Posts: 2,820 |
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Joined: Jan 2009
Posts: 23,319
Campfire Ranger
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Campfire Ranger
Joined: Jan 2009
Posts: 23,319 |
zero . . . I don't realize paper losses.
"All that the South has ever desired was that the Union, as established by our forefathers, should be preserved, and that the government, as originally organized, should be administered in purity and truth." – Robert E. Lee
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Joined: Dec 2016
Posts: 1,536
Campfire Regular
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Campfire Regular
Joined: Dec 2016
Posts: 1,536 |
Down about $100 in diesel fuel. ![[Linked Image from marketplace.canva.com]](https://marketplace.canva.com/MADasSzCsEY/1/thumbnail_large-1/canva-loading-of-iron-ore-on-very-big-dump-body-truck-MADasSzCsEY.jpg)
We pray our sights be straight
and our aim be true
We pray for no pain
to the game we pursue
We thank you Lord
for this land
We thank you for the sights
from our stands
We pray for safety, one and all
We pray we may return next fall
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Joined: Aug 2010
Posts: 28,458 Likes: 9
Campfire Ranger
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Campfire Ranger
Joined: Aug 2010
Posts: 28,458 Likes: 9 |
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Joined: Sep 2011
Posts: 61,241 Likes: 30
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 61,241 Likes: 30 |
When you store up in Heaven---. But here in this veil of tears, until the panic button is pushed, like you folks, nothing.
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Joined: Jan 2005
Posts: 12,359
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2005
Posts: 12,359 |
triple that! 
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Joined: Jan 2006
Posts: 21,810
Campfire Ranger
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Campfire Ranger
Joined: Jan 2006
Posts: 21,810 |
Market's down, but you've only lost if you bought a loss (ie., selling).
I sold about 10% of my taxable investments 3 weeks ago before the drop (felt the market was getting too giddy!) and have been putting about $1,000 to 2,000 per day back into it (into an S&P500 index fund) each day over the past 1.5 weeks. I also re-allocated IRA and 401K holdings by moving positions into closer-horizon target-date funds to reduce equity exposure, thus eliminating any current tax implications. I'll keep doing this until I feel the market is at a low point and then dump the balance of cash into a fund.
This strategy worked well in 2009 and it will work again. I certainly don't know how low,the market will fall or when it will return, but this is my strategy.
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Joined: Dec 2019
Posts: 17,455 Likes: 34
Campfire Ranger
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Campfire Ranger
Joined: Dec 2019
Posts: 17,455 Likes: 34 |
Just my "it might be overvalued" buying inhibitions..
-OMotS
"If memory serves fails me..."
Quote: ( unnamed) "been prtty deep in the cooler todaay "
Television and radio are most effective when people question little and think even less.
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Joined: Sep 2003
Posts: 23,525 Likes: 16
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,525 Likes: 16 |
Well, technically you have lost value even if you didn’t sell. Just like when it went up for ten years you gained value without selling.
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Joined: Dec 2019
Posts: 17,455 Likes: 34
Campfire Ranger
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Campfire Ranger
Joined: Dec 2019
Posts: 17,455 Likes: 34 |
Quote: essentially the market moved in a huge circle this week and wound up just about where it started.
Translation: It was a great week for managed money.
Buy low sell high..
-OMotS
"If memory serves fails me..."
Quote: ( unnamed) "been prtty deep in the cooler todaay "
Television and radio are most effective when people question little and think even less.
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Joined: Apr 2011
Posts: 152,297 Likes: 38
Campfire Savant
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Campfire Savant
Joined: Apr 2011
Posts: 152,297 Likes: 38 |
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Joined: May 2004
Posts: 56,228 Likes: 28
Campfire Kahuna
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Campfire Kahuna
Joined: May 2004
Posts: 56,228 Likes: 28 |
Don’t have much in the market, made ~3%.
I am..........disturbed.
Concerning the difference between man and the jackass: some observers hold that there isn't any. But this wrongs the jackass. -Twain
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Joined: Dec 2013
Posts: 13,215 Likes: 14
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,215 Likes: 14 |
If your account could have been turned into $100K and now is worth only 80K you have in fact lost 20K that you may or may not regain.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: May 2011
Posts: 15,933 Likes: 1
Campfire Ranger
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Campfire Ranger
Joined: May 2011
Posts: 15,933 Likes: 1 |
Nothing until I sell, which I'm not. I'm afraid to look at the numbers to be honest though... This. I haven't lost anything because I haven't sold anything. Its not a loss until its realized.
There are 2 rules to success:
1. Never tell everything that you know.
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Joined: May 2004
Posts: 2,820
Campfire Regular
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Campfire Regular
Joined: May 2004
Posts: 2,820 |
Well, technically you have lost value even if you didn’t sell. Just like when it went up for ten years you gained value without selling. Atleast someone understands.
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Joined: Oct 2012
Posts: 2,954
Campfire Regular
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Campfire Regular
Joined: Oct 2012
Posts: 2,954 |
Down $160K. But I have'nt lost it cause I aint' sold it. Plus, I've been buying on the way down. It'll be back up before I need it.
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Joined: Jun 2012
Posts: 966
Campfire Regular
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Campfire Regular
Joined: Jun 2012
Posts: 966 |
Not a bit like during the last times. Riding out my investments until things go north again. I have 3 years before retiring and I can extend if I have to. I have a year of cash if I have to punch out on time.
Last edited by Szumi; 03/06/20.
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Joined: Feb 2013
Posts: 6,458
Campfire Tracker
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Campfire Tracker
Joined: Feb 2013
Posts: 6,458 |
Same shares I started with. So zero loss. 3000+ in December 2020.
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