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  • Ouch!

    I couldn't help myself. I just had to look. You know, kind of like when you pass an accident on the highway.

    My holdings (both funds and individual stocks) lost between $1.39 and $9.88 per share.

    I did have one green arrow today. My bond fund was up $0.10/share. Whoopee!
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.

  • #2
    I won't look. My son-in-law asks everyday, and I refuse too. My mother is glad they have theirs in an annuity.

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    • #3
      I look regularly. My Roth daily (because that's what I trade with), and my 401k monthly to weekly (because I do monthly net worth updates). The drops don't other me. Maybe I'm just getting used to losing money. But seriously, these are extraordinary times. And yet, this too will pass....

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      • #4
        I remember the aftermath of 9/11. This too shall pass, my accounts will recover, it just takes time

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        • #5
          Mine are all down, I own a few shares of apple, bouth in at 179 and change... yesterday it's down 22.98, the NAV is at 105.26..... I wish I had more to buy

          Yes, I'm down about 74 dollars per share Woohooo... I hear this is good for the heart, gives it lots of exercise

          Ray

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          • #6
            I am glad that my 25% contribution into 401K will be kicking in at a right time

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            • #7
              I am not looking...except I bought Burlington Northern quite a few months ago at $79.79 and it is now at $92.43. I know, it dropped like a rock the other day too, but I'm still ahead of when I bought it!

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              • #8
                I looked last week. I can't let myself look this week. I don't want to know.

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                • #9
                  Originally posted by mrpaseo View Post
                  Mine are all down, I own a few shares of apple, bouth in at 179 and change... yesterday it's down 22.98, the NAV is at 105.26..... I wish I had more to buy
                  Ah Apple, how I love thee.

                  As you I'm sure you know by now, AAPL got downgraded recently... due to decreased consumer spending I think. They've fought a good fight in the consumer space, and it truly is a testament to the company's strength in branding and innovation for them to have done so well for so long.

                  Alas, there are no breakthrough products in the pipeline that I know of. I think the Macbook Pro and iTV are getting are gettign an update, and the iPods recently had theirs. However, all that is evolutionary, which is very nice, but isn't going to raise earnings and rally the stock anytime soon....

                  However, this is not a suggestion to sell or anything. I think they're just hitting a rough patch, but on the bright side, it's also one of those rare moments prospective buyers can buy in at a decent price!

                  Originally posted by cptacek View Post
                  I am not looking...except I bought Burlington Northern quite a few months ago at $79.79 and it is now at $92.43. I know, it dropped like a rock the other day too, but I'm still ahead of when I bought it!
                  Railroads are correlated with the price of oil. Oil is dropping and oil futures suggests that it is likely to drop some more. If you are trading, I say go ahead and look for an exit point for BNI. If you're investing long term, well, Warren Buffett likes it!

                  This reminds me of this co-worker who is constantly trying to sell railroads to me. CSX in particular. He says he doesn't have the money to buy it himself, "but oh, you need to pick yourself up some real quick!" Thanks guy.
                  Last edited by Broken Arrow; 09-30-2008, 08:58 PM.

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                  • #10
                    Originally posted by Broken Arrow View Post
                    Railroads are correlated with the price of oil. Oil is dropping and oil futures suggests that it is likely to drop some more. If you are trading, I say go ahead and look for an exit point for BNI. If you're investing long term, well, Warren Buffett likes it!
                    Oh, this is definitely a long term thing. I own it and Texas Roadhouse as individual stocks, the rest as mutual funds. I'm waiting for TXRH to get above where I bought it and I'm selling that one (could be years, I know), but I think BNI is a well run company and I'm keeping that one. It even increased dividends when it paid them last time!

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                    • #11
                      My overall drop from Aug to Sept was 7%. Definitely ouch!

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                      • #12
                        My drop for SEP was 11% (Only on paper though)

                        Last edited by mrpaseo; 10-02-2008, 06:27 AM.

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                        • #13
                          I'm truly understanding what they mean about this whole thing being a "rollercoaster". I looked but wish I hadn't. ........OUCH is right on the money (no pun intended).
                          "Those who can't remember the past are condemmed to repeat it".- George Santayana.

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                          • #14
                            Today I have 2 green arrows--Autozone and Embarq. But lots of red arrows, John Deere, Catapiller, Darden Resturants, Lowes, Sprint and Intl Speedway (Nascar). Down $3500 today...
                            My Deere and Cat have been doing good, as my Lowes. My theory has been people still have to farm, and are doing their own FYI and not hiring (thus the autozone and Lowes..)
                            Overall, though, I have not done too bad.

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                            • #15
                              I haven't looked at my investments for several weeks now. It is just too painful and upsetting

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