How much have you "lost" so far?

[kork13]

I haven't done the detailed check of what we've "lost" on paper (and not really interested to do so), but all of our accounts are compiled in our online banking, and our net worth is down at least $110k -- $1.1M on 1 Jan to currently $990k. Only half of that is invested in the markets (the rest is cash & a couple houses). But based on those rough numbers, it's reasonable to assume the investments are down 18-20%, basically mirroring the market. Markets down, markets up... Everything I need within the next year or two is in cash, and the rest will eventually come back up. Pressing onward!

[Drake3287]

I was absolutely blown away this morning after looking at my different investments since my last look on March 1. Typically I tally up my different investments including cash on the first of the month just to keep track of it on a monthly basis like many of us do. To my surprise I was only down 1.69% for March, I've never been so happy about a loss!

Obviously I've been more financially conservative then many people but it certainly paid off this time. I figured for sure it would have been 25% or so. Keeping my fingers crossed it stays this low for April.

[Scallywag]

I was absolutely blown away this morning after looking at my different investments since my last look on March 1. Typically I tally up my different investments including cash on the first of the month just to keep track of it on a monthly basis like many of us do. To my surprise I was only down 1.69% for March, I've never been so happy about a loss!

Obviously I've been more financially conservative then many people but it certainly paid off this time. I figured for sure it would have been 25% or so. Keeping my fingers crossed it stays this low for April.

Drake, that's awesome. Could you share what you're invested in? Thanks!

[rennigade]

Drake, that's awesome. Could you share what you're invested in? Thanks!

Probably some bond fund. My rollover ira has a bond fund that down less than 2% ytd. It only has $15k in it. On the flip side, that also means for the past 10 years, it didnt grow nearly at the rate of the other funds that tracked the s&p.

[Drake3287]

Yes, for the most part bonds. When both my wife and I hit our magic numbers with our 457 and 401k plans we moved most over to bonds for a little added protection. Our Raymond James Brokerage account with miscellaneous stocks I've purchased over the years is what took the biggest hit. Still relatively low though. Right or wrong, I also have a large amount of cash sitting in CD's earning 2.95% or so.

[moneybags]

Down around 11% for the year. In 2008 we lost 25%. I think it took about a year and a half to recover that.

[disneysteve]

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.

Three weeks later and we're holding pretty steady, down $172,000.

[Scallywag]

Steve, just out of curiosity, what do your daughter's numbers look like (if you are privy to that info)? The reason I ask is to find out how young people (who likely only recently started to invest) are doing? How is she handling any drops?

[disneysteve]

Steve, just out of curiosity, what do your daughter's numbers look like (if you are privy to that info)? The reason I ask is to find out how young people (who likely only recently started to invest) are doing? How is she handling any drops?

I don't know. We haven't looked. She's 24 and 100% in a 2055 target date fund.

I just checked and the fund is down about 20% YTD. I'm honestly not sure how much she has in there. A few thousand I believe. She isn't changing anything. She's currently without income until unemployment kicks in so not currently contributing.

[Scallywag]

I don't know. We haven't looked. She's 24 and 100% in a 2055 target date fund.

I just checked and the fund is down about 20% YTD. I'm honestly not sure how much she has in there. A few thousand I believe. She isn't changing anything. She's currently without income until unemployment kicks in so not currently contributing.

My niece called me crying last night, saying her account dropped in about half. She was invested in individual stocks and began to buy only in 2019. She still has a job but this has really burned her. I am hoping this doesn't turn her away from investments.

[Captain Save]

My niece called me crying last night, saying her account dropped in about half. She was invested in individual stocks and began to buy only in 2019. She still has a job but this has really burned her. I am hoping this doesn't turn her away from investments.

How old is she?

[disneysteve]

My niece called me crying last night, saying her account dropped in about half. She was invested in individual stocks and began to buy only in 2019.

Not that it would have performed any better but I'd certainly impress upon her the importance of diversification and use of index funds or ETFs.

[cypher1]

My niece called me crying last night, saying her account dropped in about half. She was invested in individual stocks and began to buy only in 2019. She still has a job but this has really burned her. I am hoping this doesn't turn her away from investments.

Curious, but do you know if most of the funds were in Roth or taxables? I haven't been too concerned with the numbers in my rollover and Roths, than with the balance in my taxables. As taxables are still geared towards long term retirement, but if i ever wiped out my EF, I would lean more on them next.

[kork13]

Eh, I'd just tell her to hang out & wait it out. Today the markets surged 7%. While no one can predict what will happen, with as much volatility as we have, best to just hang on & enjoy the ride. It'll settle out eventually.

[Scallywag]

Curious, but do you know if most of the funds were in Roth or taxables? I haven't been too concerned with the numbers in my rollover and Roths, than with the balance in my taxables. As taxables are still geared towards long term retirement, but if i ever wiped out my EF, I would lean more on them next.

In her Roth IRA, she was invested in individual stocks. Her Roth 401K was in high risk / aggressive mutual funds (she is 25) and the match was in company stock, all of which took a severe beating. While she can't do anything about company match I told her to investigate blue chips, growth stock MF and index funds. Hopefully, she has a job for the rest of the year. That's my biggest worry.