Anyone here deeply in the red today?

**corn18** · 02-25-2021, 01:51 PM

Lost $20k. I am 50/50 all index funds.

**Scallywag** · 02-25-2021, 02:03 PM

Originally posted by corn18 View Post

Lost $20k. I am 50/50 all index funds.

"Just" 20K? Lucky you!

**rennigade** · 02-25-2021, 02:24 PM

Not sure. I track all accounts monthly to compare from month to month and from beginning of year. I'll have to check over the weekend.

**disneysteve** · 02-25-2021, 02:37 PM

I don't check daily so I have no idea. I didn't even know the market was down until I saw your post and took a look. The market goes up 500 points one day and down 500 points the next. I try not to get too excited or too upset about either one.

**bjl584** · 02-25-2021, 02:45 PM

Probably, but it's all paper.
I'm not that worried about it right now

**kork13** · 02-25-2021, 03:08 PM

As with many others, I had no idea that markets were down today until a coworker mentioned some about it. I'm probably not going to bother checking, I've got a busy night ahead of me. Frankly, don't know, don't care.

**HundredK** · 02-25-2021, 03:23 PM

Yeah, I'm in the red for this day, but it doesn't bother me. I haven't lost or gained anything until I actually sell a share, until then it's all just estimates based on hope.

**LivingAlmostLarge** · 02-25-2021, 04:34 PM

Down like $60k i think. You must own a lot of stock of all of the three stocks to be down $164k in one day. those three are only down like 6% for the day. That's not that bad. Unless you are counting $160k from the peak then maybe. But this is your chance to buy on the dip

**jeffmem** · 02-25-2021, 05:28 PM

From my high I am down 45k. It looks very very ugly, and many new stocks I bought are now sitting in the red, such as life. In retrospect, if I look at my balance I am back where I was on Feb. 1. hahahaha, so that means in one month I earned 45k, which isn't bad, so I can't gripe about having it taken back down. I just wish I had not bought new companies the last few weeks, but they are good I think, it will take time now. I also put more money in about two days ago thinking maybe this is a small sell-off, I was wrong, so another 10k, in a little longer to wait now, but again, all decent companies, so I am overall not worried, I just don't like to see the red numbers, but.... it is what it is. I check everyday, but I won't panic. I panicked in March last year, and ended up killing growth potential and taking profits on everything, I am not about to make the same mistake again.

**Scallywag** · 02-25-2021, 05:48 PM

Originally posted by LivingAlmostLarge View Post

Down like $60k i think. You must own a lot of stock of all of the three stocks to be down $164k in one day. those three are only down like 6% for the day. That's not that bad. Unless you are counting $160k from the peak then maybe. But this is your chance to buy on the dip

Up until Monday morning (when Lucid - CCIV merger was announced) I had DCA-ed into the stock at an average price of $29. At literally the peak, I jumped in with all the cash I had on the sidelines to buy up a whole bunch of CCIV. Well, that worked out very well indeed!

I just owned too much TSLA. I was / am very bullish on it and put every spare dollar last year into it. I am still in the green but down from before the market started correcting. Not too worried about my son's a/c but need to go Boglehead on my daughter's Coverdell. We'll see.

**Fishindude77** · 02-26-2021, 05:43 AM

Just checked, only a 1% drop in my total stock portfolio.

**disneysteve** · 02-26-2021, 05:52 AM

Of course, when you say "in the red" you mean relative to the day before. You're not really in the red if the value is still higher than what you paid for it.

**james.hendrickson** · 02-26-2021, 06:45 AM

I hear where you're coming from Fishindude. Nothing like seeing your stocks decline by 20% in a day. Its stressful.

There may be something to be said for just executing on the basics:

1. Pay off high interest debt
2. Take what Uncle Sam gives you (max your 401(k), 403(b))
3. Take action daily
4. Save, invest and reinvest
5. Save and invest at least 5 percent of your income
6. Own - equity beats other asset classes over the long run
7. Own your home
8. If you are married, build your partnership

Chasing hot stocks or trying to time the market sometimes gets in the way of just consistently being great at executing on the basics.

**LivingAlmostLarge** · 02-26-2021, 08:29 AM

Originally posted by Scallywag View Post

Up until Monday morning (when Lucid - CCIV merger was announced) I had DCA-ed into the stock at an average price of $29. At literally the peak, I jumped in with all the cash I had on the sidelines to buy up a whole bunch of CCIV. Well, that worked out very well indeed!

I just owned too much TSLA. I was / am very bullish on it and put every spare dollar last year into it. I am still in the green but down from before the market started correcting. Not too worried about my son's a/c but need to go Boglehead on my daughter's Coverdell. We'll see.

You still are in the green with lots of run up. I wouldn't worry about it. Not even a paper loss. You still have gains so not in the red.

Anyone here deeply in the red today?