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?
:-)
[Reply]
Spott 12:51 PM 05-20-2022
Down about 16-17 percent on my 401K for the year right now. Putting in 500 a week to my 401K, so hopefully when things start to go back up I will be able to make it up pretty quick.
[Reply]
Hog's Gone Fishin 12:53 PM 05-20-2022
I'd be curious to know which one stock is everybodys largest holding.
Mine two largest are AAPL and AMC. Why my portfolio is crushed.
My largest Dividend stock is "MAIN"
Largest mutual fund is HGICX
[Reply]
Hog's Gone Fishin 12:54 PM 05-20-2022
Originally Posted by Buehler445 :
27 trades now with 1 loss.
:-)
And That's since the first of April.
Edit: Still sitting on 5 shares of TSLA at 873. Not a loss yet and it looks like it might take awhile
[Reply]
loochy 12:54 PM 05-20-2022
It's not damage until you cash out.
Just think of it as a way to accumulate more stocks at a discount price.
The folks that are screwed are old timers that live out of a savings account.
[Reply]
petegz28 12:55 PM 05-20-2022
bdj23 01:19 PM 05-20-2022
Down like 18k on my 401k
Thanks a lot [name redacted]
[Reply]
Hog's Gone Fishin 01:36 PM 05-20-2022
WOW, they're saying on CNBC this is Dows longest weekly losing streak since 1924.
We're in magnificent times!
[Reply]
Jenson71 01:42 PM 05-20-2022
Originally Posted by Hog's Gone Fishin :
And just think, those guys couldn't even take in that news with a legal shot of whiskey.
[Reply]
Hog's Gone Fishin 01:47 PM 05-20-2022
Originally Posted by Jenson71 :
:-) Fact!
[Reply]
Rain Man 05:55 PM 05-21-2022
I'm down 17.1 percent YTD in my stock investments, which according to my retirement model has lowered my fully funded retirement by seven years. That hurts.
[Reply]
mlyonsd 06:27 PM 05-21-2022
Munson 06:27 PM 05-21-2022
Down just over 20% YTD.
It's a good thing that I'm not retiring for another 25 years or so.
[Reply]
BWillie 07:04 PM 05-21-2022
Sounds like a great time to buy...everything.
[Reply]
Zebedee DuBois 07:26 PM 05-21-2022
My portfolio is down about 10-12%, but I don't need to use that money right now.
It has plenty of time to recover.
[Reply]
Stewie 07:48 PM 05-21-2022
I turned 58 in 2018. Many years of good returns paid off. I went conservative at that point, but have a cash investment account for fun. I've been in and out of a few stocks with minimal success.
At this point I think the investor that loses the least wins.
[Reply]
