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Anyone here deeply in the red today?

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  • #31
    Originally posted by disneysteve View Post

    How old are you?

    Focusing on saving as much as you can early on is certainly the way to go, but results matter too. You don't want to be pouring money into a portfolio that keeps losing value or underperforms the market consistently.
    40, I just invest to 120 minus age in a total world stock fund and the rest in a total bond fund, I don’t mess with individual stocks.

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    • #32
      Well that red shouldn't be quite as bad today with the Dow closing up 433 points, S&P up about 50, and NASDAQ up 93.
      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.

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      • #33
        I admit to buying more ETFs, I bought ARKK today. I can't seem to help but keep on sinking money in.
        LivingAlmostLarge Blog

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        • #34
          Originally posted by disneysteve View Post
          Last update was 4/24/21. As of today, we're down $35,719.39 from then.
          Just out of curiosity, I checked and after today, we regained just over $11,000 of that decline.
          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.

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          • #35
            Originally posted by disneysteve View Post

            Just out of curiosity, I checked and after today, we regained just over $11,000 of that decline.
            And after today, we are only off by $6,478. Two days ago it was $35,719.

            I never check this often but did it on purpose as it really drives home the point that you shouldn't get hung up on the day to day fluctuations of the market. Invest for the long term in a well-diversified portfolio and stick with it. Just be prepared for the volatility that will happen. Don't panic when you "lose" a lot one day or one week because you may gain just as much or more the next week.
            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.

            Comment


            • #36
              I have no idea but I saw red and then less red. i'm unsure I haven't cared enough to know.
              LivingAlmostLarge Blog

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              • #37
                Originally posted by disneysteve View Post

                And after today, we are only off by $6,478. Two days ago it was $35,719.

                I never check this often but did it on purpose as it really drives home the point that you shouldn't get hung up on the day to day fluctuations of the market. Invest for the long term in a well-diversified portfolio and stick with it. Just be prepared for the volatility that will happen. Don't panic when you "lose" a lot one day or one week because you may gain just as much or more the next week.
                Agreed - stick to the plan. This thread did prompt me to review the YTD performance of various funds that we're invested in. We have a few value and dividend focused funds in our brokerage account that are up YTD 17-25% (vs our S&P 500/Total Stock Market indices that are up around 11%). Will be interested to see if this pattern of returns holds for the year.

                Note: plan is to simplify the number of funds that we hold once we ER as we have smaller stakes in these value/dividend funds when compared with the 500/TSM indices.
                “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”

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                • #38
                  Because it's time for the semi-annual asset allocation checkup, I tallied our net worth today. Up 4% YTD. Onward.

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                  • #39
                    I'm curious why this thread got renewed interest in the last week or so?
                    My market investments have been performing wonderfully for months now.

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                    • #40
                      Originally posted by Fishindude77 View Post
                      I'm curious why this thread got renewed interest in the last week or so?
                      Because of the big drop in the market last week.
                      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.

                      Comment


                      • #41
                        Well.... TSLA cost me some there, thankfully, I'm still *mostly* in the green because except for some shares I purchased in January, the majority are still sitting on paper profits. I liquidated SHOP (got in the 700s), FVRR (in the 30s), and ROKU (in the 200s). I dumped CCIV after taking a steep loss on it (dumped in the 30s, purchased in the 50s), and PLTR (dumped in the 20s, purchased in the late 30s).

                        I *may* jump back into FVRR - I almost did when it dropped down to 160s (I sold it in the 200s), but I am getting older and my nerves aren't what they used to be so maybe I'll stick to VTI and only the usual tried and trueds - AMZN, GOOGL, VOO

                        We'll see. But methinks we're due for a MAJOR correction soon.

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                        • #42
                          Originally posted by Scallywag View Post
                          Well.... TSLA cost me some there, thankfully, I'm still *mostly* in the green because except for some shares I purchased in January, the majority are still sitting on paper profits. I liquidated SHOP (got in the 700s), FVRR (in the 30s), and ROKU (in the 200s). I dumped CCIV after taking a steep loss on it (dumped in the 30s, purchased in the 50s), and PLTR (dumped in the 20s, purchased in the late 30s).

                          I *may* jump back into FVRR - I almost did when it dropped down to 160s (I sold it in the 200s), but I am getting older and my nerves aren't what they used to be so maybe I'll stick to VTI and only the usual tried and trueds - AMZN, GOOGL, VOO

                          We'll see. But methinks we're due for a MAJOR correction soon.
                          What made you liquidate shop, FVRR, ROKU, and CCIV but hang onto tesla? Is that it for holding stocks? Just tesla or others too? I like VOO and BND and I buy QQQ. Figure it's a heavy tech index without much risk. Yes it'll go down and up but less risky than an individual stock. I have quite a few I've been playing with.
                          LivingAlmostLarge Blog

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                          • #43
                            Originally posted by LivingAlmostLarge View Post

                            What made you liquidate shop, FVRR, ROKU, and CCIV but hang onto tesla? Is that it for holding stocks? Just tesla or others too? I like VOO and BND and I buy QQQ. Figure it's a heavy tech index without much risk. Yes it'll go down and up but less risky than an individual stock. I have quite a few I've been playing with.
                            I'm a TSLA bull. I first got in two years ago, and steadily added to my holdings, and with the split last year, own a few hundred shares. My average price is in the 200s so unless the company is exterminated because Elon can't stop tweeting, I should be OK. I did halve my holdings in my DD's Coverdell, because of the afore mentioned anticipated correction, and since she's going to start college soon.

                            I dumped my actively traded mutual funds, ETFs (including all ARK funds), SHOP, FVRR, ROKU, CCIV and PLTR to mostly invest in VOO, VTI, VGT, AMZN, GOOG, TSLA and a small company called Clear Point Neuro ("CLPT", which likely won't see a profit until 2024 but which may have a solid future given it's ability to "revolutionize" neurosurgery -- this is just my opinion, and NOT a recommendation or a pitch)

                            From time-to-time, I might pick up other individual stocks. But at this time, since I'm expecting a market correction, I may stick to VOO & VTI. No BND.
                            Last edited by Scallywag; 05-26-2021, 01:33 PM.

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                            • #44
                              Originally posted by Scallywag View Post

                              I'm a TSLA bull. I first got in two years ago, and steadily added to my holdings, and with the split last year, own a few hundred shares. My average price is in the 200s so unless the company is exterminated because Elon can't stop tweeting, I should be OK. I did halve my holdings in my DD's Coverdell, because of the afore mentioned anticipated correction, and since she's going to start college soon.

                              I dumped my actively traded mutual funds, ETFs (including all ARK funds), SHOP, FVRR, ROKU, CCIV and PLTR to mostly invest in VOO, VTI, VGT, AMZN, GOOG, TSLA and a small company called Clear Point Neuro ("CLPT", which likely won't see a profit until 2024 but which may have a solid future given it's ability to "revolutionize" neurosurgery -- this is just my opinion, and NOT a recommendation or a pitch)

                              From time-to-time, I might pick up other individual stocks. But at this time, since I'm expecting a market correction, I may stick to VOO & VTI. No BND.
                              So normally you don't buy individual stocks?
                              LivingAlmostLarge Blog

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                              • #45
                                Originally posted by LivingAlmostLarge View Post

                                So normally you don't buy individual stocks?
                                Not anymore, aside from the ones named above. It's too risky and I'm happy with market returns. I no longer have the desire to beat it.

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