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My entire account is down 22% so it hurts a lot.
Im also not sure if I should sell. Under normal circumstances, I wouldnt. But now we are seeing another 4 years of Trump, and his strategy is about intentionally causing a depression. Its not normal days on the stock market, thats for sure.
Who can stop him?
Nothing because I am a poor and don’t have stock
I've never even owned stocks.
My personal history of owning individual stocks has been very disappointing. If you ever decide you want to invest in the equity market, I recommend exchange traded funds (ETFs) that follow an index and have a really low expense ratio. My favorite exchange traded funds are VT, VTI, VTV, VXUS, BND, and BNDX. VBR may be a good one if you ever want exposure to smaller companies.
Mutual funds are another option, similar to ETFs.
Technically none, as nothing has realised yet. :P
Down 14% since the start of March
I lost zero because the number going down doesn’t equal the value going down. You only lose if you panic sell.
You still lose time, and are now stuck in an unprofitable investment rather than a profitable one. So you are also losing all the value you would have gained had we stayed the course instead of doing this dumb shit. Thats called opportunity cost.
Trying to beat the market is a waste of time. You’re not stuck in an unprofitable investment unless you’re trying to get rich quick. You invest based on your strategy and value of said investment. It isn’t just because the number goes up and down. Time in the market wins every time. Read the founder of Vanguard’s book on investing.
Look up the stock market around March 2020. Huge dip then rebound to pretty much the same trajectory. As long as you left your stuff to sit, you're still doing fine. There's no reason to think the massive rebound would have still occurred without the dip.
I fortuitously moved all my VTI into VTV a couple weeks ago to divest myself of TSLA, and over the past two days have been actively keeping the balance of my 60/40 equities/bonds portfolio by selling a little bit of BND and BNDX to get some more VTV as it sunk. Didn't need to modify the VXUS portion.
Sure was nice to have those bond portions to assuage the decline.
I haven't sold, so none. I'm going to buy a bit more. Even if it goes down I can still get dividends and borrow against it rather than selling if i need
Aren't the stock markets supposed to recover from a crisis like this, as they always did in the past?
If it doesn't everyone will have more to worry about than the worth of their 401k.
I'm down $7k, so far.
I should have bailed early, but the tax hit would have been just as bad.
In what world is a tax hit just as bad? If you're having to pay taxes, you made money.
If you think you should have bailed then you shouldn’t be investing
Since I'm not american, nothing that I know of
Oh, the rest of the world is definitely feeling the ripples.
i am just starting on a fresh 401k account, i guess i got lucky, but people with decades worth of contributions must be swearing bullets
I lost everything long before this, sadly. Didn't even have money to start rebuilding before the tariffs nonsense.
It all feels insurmountable. Like it was going to be hard to build it all back, but now, with the tariffs? Just feels pointless.
The number of times I cry because it took me until I was nearly forty to own a bed of my own, and to just be a few years past forty and back down to basically nothing and sleeping on a 15+ year old mattress that isn't even mine that hurts my back every night is too damn high.
I never had much, all told it was all worth maybe $2000, but it's all gone now. It all feels so petty but it was mine, the few things I had were mine, and I took good care of them. It feels like a joke that it could have all been replaced for so cheap yet I have had no options because of my cancer.
Nothing. Sold everything when I heard that warren buffet had sold everything
$155k, and it could have been worse.
About a year’s salary.
