How much have you "lost" so far?

[Like2Plan]

Just what I'm calling the limit orders that I put in while the markets were lower, and will execute of the markets drop back down.

But as I said, I still see some significant downside coming... Earnings reports, plus the big-name bankruptcy fillings that are starting to get reported will almost certainly and markets downward again.

I agree with you. I feel like I'm waiting for the other shoe to drop. I put one more limit order for Disney, but it didn't execute and the stock price has gone back up. I guess I was too greedy. But, right now I feel like someone has their "thumb on the scale" so to speak so I am holding off. (Like, I didn't expect any upward movement on the stock from the low with all theme parks and movie theaters closed). Waiting does run contrary to my dollar cost averaging plan, but I feel like there will be another opportunity.

[disneysteve]

I still see some significant downside coming.

Yeah, I don't think we're done either. I'll just keep putting money in every paycheck to my 401k and every month to our taxable account as always and hope to grab up shares at the lower prices to benefit from down the line when things eventually recover.

I'm not currently planning to put any more extra money in though that's subject to change if the right opportunity arises.

[Randomsaver]

Non-Retirement YTD is 26% beat of the market.

[Randomsaver]

Gotcha. Just another reason why I tell others around me to avoid individual stocks when starting out with investing.

I like individual stocks but be ready to trade with conviction.

[Randomsaver]

I pick growth stocks only which all has 0 PE and long term debt. My criteria is competitive advantage, pace of innovation, and path for long term growth. These are all disruptors, companies that are suppose to take old inefficient company's place, or completely create a new way of life. The Total addressable market needs to be huge and these company's current market share needs to be very small. AMD has a 8% market share in servers, 18% marketshare in desktop and 12% in laptops. Tesla has 1% marketshare if they sell half a million cars. So this is what I mean by a path for long term growth.

I do this because I am always trying to find the next amazon or apple. But to find these companies when risks are high but has good long term potential. Apple and Amazons when the stock were cheap were cheap for a reason..meaning they also had lots of debt, looked like they were gonna go bankrupt, and had terrible PEs.

For some reason, we think alike. The only difference is I don't know how to save away $462K in 2.5 years.

[Randomsaver]

For the past years, been trading Boeing, Apple, Google, Tesla, Amazon, etc.

[kork13]

Has anyone noticed that the S&P500 is nearly back to the level of Oct'19? Much less, up 2.5% on the day that announced 4.8% contraction in the US GDP! But honestly, that kinda makes sense... Doomsday folks were saying -10% or worse. Even as bad as it is, clarity brings confidence when it comes to the markets. And some started are trying to start reopening. I was updating my accounts yesterday, and realized that they're looking much more "normal" again. Still off about 6-7% from the high, but that's almost small beans.

[Scallywag]

Has anyone noticed that the S&P500 is nearly back to the level of Oct'19? Much less, up 2.5% on the day that announced 4.8% contraction in the US GDP! But honestly, that kinda makes sense... Doomsday folks were saying -10% or worse. Even as bad as it is, clarity brings confidence when it comes to the markets. And some started are trying to start reopening. I was updating my accounts yesterday, and realized that they're looking much more "normal" again. Still off about 6-7% from the high, but that's almost small beans.

It's also because Gilead announced that it's Phase 1 trial of a coronavirus vaccine has met its goal (whatever that means) and stares are signaling an inclination to end the lockdown. Plus the S & P is weighed heavily by Big Tech that hasnt had nearly as much downside as manufacturing (for instance). As earnings are announced and they don't seem "that bad" the market rockets up but sooner or later weak fundamentals will play catch up.

[disneysteve]

Has anyone noticed that the S&P500 is nearly back to the level of Oct'19?

On 4/3, I posted that our portfolio was down $172,000 YTD.

I just checked based on your question. This isn't a 100% accurate number but it's very close (and it's based on the midday numbers right now) but at the moment, we are now down $37,000 YTD. So yes, a pretty nice recovery. Of course, that also includes some new contributions since the last update but that's just a couple thousand, not $135,000.

[LivingAlmostLarge]

Our retirement is down $100k still and we've been contributing about $4k/month still. Our portfolio considering what we are saving is probably still down about $100k. And I've moved a lot into our investment portfolio.

I am very hesitant to buy more stocks and I'm still holding substantial amounts of cash in our EF and our investment portfolio. I've got $100k in taxable waiting and more than that in cash for us to ride out stuff. I worry about jobs. I also would like to buy an investment property but I think it'll get hit next year.

[Scallywag]

Our retirement is down $100k still and we've been contributing about $4k/month still. Our portfolio considering what we are saving is probably still down about $100k. And I've moved a lot into our investment portfolio.

I am very hesitant to buy more stocks and I'm still holding substantial amounts of cash in our EF and our investment portfolio. I've got $100k in taxable waiting and more than that in cash for us to ride out stuff. I worry about jobs. I also would like to buy an investment property but I think it'll get hit next year.

4k/month? Is this a 401K?

I have an old 301K that I have been cautiously buying stocks back again. The rest is all cash. Today's rise seems to be a combination of FOMO + Vaccine hope.

[disneysteve]

4k/month? Is this a 401K?

I've got about 3K/mo. going into the 401K including the match. Then $1,600/mo. going into our taxable investment account. So at least about $4,600/mo. going in regularly.

[Scallywag]

Isn't there a limit to how mich you can contribute to a 401K? We only contribute enough to get the match and then put the rest into maxing out our ROTH IRAS. So not familiar with 401K rules but wow! Good for you & Living Almost Large!

[disneysteve]

Isn't there a limit to how mich you can contribute to a 401K?

$19,500/year if you are under 50.
$26,000/year if you are 50 and above.

I'll max out sometime in the fall.

After that, I continue to put away the same amount but I do it into our taxable account. We're not eligible for Roths.

[LivingAlmostLarge]

We do the max 401k and then after tax contributions to $57k so I think it's like $900 a pay period every two weeks for 401k and then after tax. We have contributed I think $27k this year already and will add till the max. Roth, 529, ESA go in January usually lump sum. Hence why I ended up screwing myself when I invested about $100k in jan/feb. Sigh. Anyway it doesn't matter. And typically more into a taxable account. I guess DH has a match I don't recall it's like 3%.