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I wasn't going to look but I needed to see how far out of whack our allocation has gotten. We are down about $170,000 YTD.
Steve
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$40k. Which feels like a ton considering how much smaller my portfolio is than some of yours! Has juuuuust crossed $200k in January and now sitting around $163 To be fair, the growth I had seen over the last 12 months was just insane. Dec. 2018 to Dec. 2019 I was up around $60k with only having contributed around $15k. Knew it would knock me back to reality sooner or later
was down about $800k from the peak ($650k ytd), with the upward move yesterday down about $600k from the peak ($470k ytd). current value is in the range of where things stood in january 2019.
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”
My account are down $91k...wifes are down approx $40k...so around $130k total. Not nearly as much as I thought. I thought we'd be down closer to $200k.
I've mostly ignored the paper losses so far, but I was checking on the AA balance of my accounts with all the blood in the water of late. I rebalanced on 2 Mar 20 (~1 week after the downturn started) after realizing I forgot to do so at the new year. Since then, I've "lost" ~15% (roughly $80k). Could be worse, but it definitely stings. I was already heavily in cash on the taxable side, so that has helped to reduce the impact as well.
And as for the current AA balance? Already 2% off from target... in only ~2 weeks!
We are lucky and we can decide where our money and what portion is put into a cash amount (for retirement) and what amount is invested...so when things started to go south a few weeks ago I just changed it all to cash so I had no further losses and i can change when the market changes again...thankfully
We "lost" $15K on my spouse's 401K and another $20K on a former 401K. We haven't coontributed anything to the former 401K since that job ended in 2011, and temporarily suspended contributions to the current 401K to build up a down payment on a home. But as the market is so down, we're thinking of restarting a small contribution again. We have a year to go before we can actually buy a house so maybe we can postpone that by another few months to take advantage ot the present downturn.
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