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Joined: Feb 2010
Posts: 16,164 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 16,164 Likes: 4 |
You call it a nosedive, I call it a sale! I'm always buying.
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Joined: Jan 2005
Posts: 11,333
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2005
Posts: 11,333 |
It is not a nose dive unless you are selling
I may not be smart but I can lift heavy objects
I have a shotgun so I have no need for a 30-06.....
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Joined: Nov 2005
Posts: 690
Campfire Regular
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Campfire Regular
Joined: Nov 2005
Posts: 690 |
hardly. nosedive was march 2020 Yes, March 2020 was a nosedive. Investors who stayed the course have been rewarded. I don't know if I told this story here. I had a co worker panic and sell all of his stock mutual funds in his 401k in March/April of 2020. He didn't buy back in until last summer. He won't say how much he lost. My account was -33% YTD at the bottom. I didn't sell and finished 2020 at +20%. If I use my numbers with his balance, he threw away 300k. It's going to be a rough year
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Joined: Jan 2001
Posts: 30,961 Likes: 23
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2001
Posts: 30,961 Likes: 23 |
T R U M P W O N !
U L T R A M A G A !
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Joined: May 2010
Posts: 9,513 Likes: 6
Campfire Outfitter
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Campfire Outfitter
Joined: May 2010
Posts: 9,513 Likes: 6 |
hardly. nosedive was march 2020 Yes, March 2020 was a nosedive. Investors who stayed the course have been rewarded. I don't know if I told this story here. I had a co worker panic and sell all of his stock mutual funds in his 401k in March/April of 2020. He didn't buy back in until last summer. He won't say how much he lost. My account was -33% YTD at the bottom. I didn't sell and finished 2020 at +20%. If I use my numbers with his balance, he threw away 300k. It's going to be a rough year Daddy always said "If you are going to be dumb then you need to be tough".
I am always looking for factory wood stocks!
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Joined: Nov 2005
Posts: 690
Campfire Regular
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Campfire Regular
Joined: Nov 2005
Posts: 690 |
hardly. nosedive was march 2020 Yes, March 2020 was a nosedive. Investors who stayed the course have been rewarded. I don't know if I told this story here. I had a co worker panic and sell all of his stock mutual funds in his 401k in March/April of 2020. He didn't buy back in until last summer. He won't say how much he lost. My account was -33% YTD at the bottom. I didn't sell and finished 2020 at +20%. If I use my numbers with his balance, he threw away 300k. It's going to be a rough year Daddy always said "If you are going to be dumb then you need to be tough". So very true. He's an arrogant lib who thinks he's smarter than everyone there. Stupid is as stupid does.
Last edited by jaydub in wi; 01/18/22.
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