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Nzoner's Game Room>Investment thread spinoff: How much damage to your investments and savings?
scho63 11:07 AM 05-20-2022
As I check my 401K, my trading account, my savings and my Amazon stock, I'm down a good $30-$35,000.

This has been painful on a lot of levels.

Investments, costs of gas, food, rents, lost gains.

On a scale of 1-10, what pain level are you experiencing right now?

I was about a 5 and I think I'm closing in on 6-7.

How about you? :-)
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lewdog 11:11 AM 05-20-2022
Should only talk in percentages. $30k on a $1M account is nothing.

Down $30k on $100k is much different.

I’m down about 15% on my investments but moved to mostly cash in many this month, outside of my 401k which I’ll just keep dollar cost averaging into. Timeline 25 years to retire at 60.
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scho63 11:25 AM 05-20-2022
I'm down about 12%
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scho63 11:27 AM 05-20-2022
I was up about 38% about a year ago. So the change is about 50% from peak.

I got 3 years until I retire
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Toad 11:41 AM 05-20-2022
Originally Posted by scho63:
I was up about 38% about a year ago. So the change is about 50% from peak.

I got 3 years until I retire
Ouch!!
I moved mine to bonds in November so I’m down about 7% YTD
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lewdog 11:51 AM 05-20-2022
Moving this thread to email alerts so I can see when MTG posts.
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Eleazar 12:07 PM 05-20-2022
i'm safe from all this cause I'm in crypto!
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TLO 12:14 PM 05-20-2022
Can't damage my savings if I don't have anything saved.


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TLO 12:14 PM 05-20-2022
My 401k took an relatively minor hit. I'm down about 6%.

We'll be fine.
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DaFace 12:20 PM 05-20-2022
I'm -17% YTD, but I'm mostly in S&P funds, so that's actually a bit better than I'd expected (since the S&P is currently -20% or so). C'est la vie. I won't touch it for 25 years anyway.
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Iconic 12:24 PM 05-20-2022
roughly 35 - 40% on what i'm still currently invested in. but i sold off the majority of my portfolio a while back and converted it into cash. been patiently waiting for when i feel a bottom has been found.
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louie aguiar 12:31 PM 05-20-2022
Bloodbath - a lot of red. Down nearly 20%.
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Hog's Gone Fishin 12:32 PM 05-20-2022
My Webull account is up 165.7% since I opened it April 6th. Just completed another trade this morning 11.55% gain

My Etrade account is down around 50% from a year ago. But currently I'm now about 20% cash and using that to swing trades now that I have a system figured out that works.

I'm already retired and living off rental income so it's all play money but losing is still no fun .
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Shaid 12:43 PM 05-20-2022
If you are retired, the downswings aren't fun. If you aren't there yet, you can just get more value from the dip. Don't get me wrong, I never want to see it go down. I'm just not overly concerned because I still have a ways to go.

With all that said, I'm down 55k from the end of December.
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Buehler445 12:50 PM 05-20-2022
Dude. hog. You’re killing it. I keep saying it and you keep killing it.
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