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Market Loses
#8622789
06/17/22 11:55 PM
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Joined: Feb 2008
Posts: 14,143
glens
OP
THF Celebrity
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OP
THF Celebrity
Joined: Feb 2008
Posts: 14,143 |
Has your IRA or 401K lost money since January of this year and are you hanging on to this downward Train Wreck? If so are you looking for a Building to jump off of.
Last edited by glens; 06/17/22 11:57 PM.
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Re: Market Loses
[Re: glens]
#8622795
06/18/22 12:03 AM
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Joined: Nov 2009
Posts: 69,198
NORML as can be
^^Cut the Cord^^
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^^Cut the Cord^^
Joined: Nov 2009
Posts: 69,198 |
All my Pot Stocks went up in smoke, AKA: Lost my azz.
(R-TX) .-- " TCNN CURL CRLB VFF VRNO AYR SNDL CGC TLRY MSOS "
_=====___=________==-
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Re: Market Loses
[Re: glens]
#8622798
06/18/22 12:06 AM
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Joined: Sep 2012
Posts: 15,976
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 15,976 |
There were plenty of warnings last year that this was coming. I moved almost all my TSP into the G Fund in Dec. Still have (had) about $20K in play but won't ever touch it...hopefully.
FJB - Lets Go Brandon BBB - Bring Back Better Awake - Not Woke!
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Re: Market Loses
[Re: glens]
#8622801
06/18/22 12:15 AM
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Joined: Nov 2018
Posts: 1,948
Davis300
Pro Tracker
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Pro Tracker
Joined: Nov 2018
Posts: 1,948 |
Typical “ebbs & flows”. Definitely sucked this year under our worthless “leader” but it shall return when that clown is gone.
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Re: Market Loses
[Re: glens]
#8622802
06/18/22 12:15 AM
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Joined: Apr 2007
Posts: 60,468
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,468 |
This hurts, especially since financials and earnings have been strong
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Re: Market Loses
[Re: glens]
#8622814
06/18/22 12:34 AM
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Joined: Apr 2013
Posts: 8,462
freerange
THF Trophy Hunter
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THF Trophy Hunter
Joined: Apr 2013
Posts: 8,462 |
Ive got some in the market but Ive got more out. I cant decide if I want it to go up or down. Ill put more in eventually then Ill be forever rooting for the up. Im not complaining.
At some point in life its time to quit chasing the pot of gold and just enjoy the rainbow. FR Keep your gratitude higher than your expectations. RWH
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Re: Market Loses
[Re: glens]
#8622822
06/18/22 01:00 AM
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Joined: Feb 2008
Posts: 14,143
glens
OP
THF Celebrity
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OP
THF Celebrity
Joined: Feb 2008
Posts: 14,143 |
. Was in several Mutaual Funds and all going down with an Occasional uptick since first of year. Think more Down to come.
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Re: Market Loses
[Re: glens]
#8622823
06/18/22 01:06 AM
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Joined: Apr 2007
Posts: 60,468
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,468 |
We have a while before bottom.
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Re: Market Loses
[Re: BOBO the Clown]
#8622831
06/18/22 01:15 AM
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Joined: Apr 2013
Posts: 8,462
freerange
THF Trophy Hunter
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THF Trophy Hunter
Joined: Apr 2013
Posts: 8,462 |
We have a while before bottom. I don’t have a crystal ball like you, but I feel the same way. I’m actually gambling on it.
At some point in life its time to quit chasing the pot of gold and just enjoy the rainbow. FR Keep your gratitude higher than your expectations. RWH
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Re: Market Loses
[Re: glens]
#8622833
06/18/22 01:17 AM
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Joined: Aug 2005
Posts: 20,949
Sniper John
gumshoe
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gumshoe
Joined: Aug 2005
Posts: 20,949 |
Since the first of the year I have been staying 35% to 50% cash adding to etfs on the dips and trimming on the rallies. I'll keep chipping away at it taking little 2% to 5% profits on deployed cash until we hit a crash and I end up buying all the way down. Or until the market recovers some day. I do have a friend who this year gave all his wealth to Fisher to manage. It is sad what they did with his retirement. The biggest holding they put him in was Netflix. I sure hope he don't jump.
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Re: Market Loses
[Re: glens]
#8622839
06/18/22 01:26 AM
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Joined: Feb 2010
Posts: 11,658
GusWayne
THF Celebrity
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THF Celebrity
Joined: Feb 2010
Posts: 11,658 |
I made money under Trump
And like magic, I’m losing it under the senile guy
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Re: Market Loses
[Re: glens]
#8622841
06/18/22 01:31 AM
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Joined: Jun 2006
Posts: 8,336
Dave Davidson
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2006
Posts: 8,336 |
The only common stock I have is WP Carey. It went up today.
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
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Re: Market Loses
[Re: glens]
#8622862
06/18/22 01:50 AM
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Joined: Dec 2009
Posts: 13,014
bucksnbass357
THF Celebrity
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THF Celebrity
Joined: Dec 2009
Posts: 13,014 |
I got out of the market in late December. I am looking for a spot to start buying back in
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Re: Market Loses
[Re: glens]
#8622866
06/18/22 01:53 AM
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Joined: Dec 2011
Posts: 5,834
Lazyjack
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2011
Posts: 5,834 |
Not looking for a building yet, but one investment account is down18% since potato head took over, 16% since 1/22. I required a knee replacement 6/1 so I must refer away earning opportunities. Definitely hold cards close to vest.
On a positive note, only lost $175 today!
Last edited by Lazyjack; 06/18/22 01:56 AM.
If the 2nd amendment was written just to include guns for hunting, why is there not an amendment to protect fishing poles?
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Re: Market Loses
[Re: glens]
#8622868
06/18/22 01:55 AM
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Joined: Feb 2010
Posts: 11,658
GusWayne
THF Celebrity
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THF Celebrity
Joined: Feb 2010
Posts: 11,658 |
I’d wait, I think we have a ways to fall
As in a next election and part of that term
Senile guy, is well..senile
Woke, going green, week A thoughts don’t make money but sounds good to some
Short, fat, purple haired people ideology turns out to not be a real financial making opportunity lol
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Re: Market Loses
[Re: glens]
#8622875
06/18/22 02:00 AM
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Joined: Feb 2010
Posts: 11,658
GusWayne
THF Celebrity
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THF Celebrity
Joined: Feb 2010
Posts: 11,658 |
When the short, fat people with purple hair folks lost, cities burned.
When they won, the stock market crashed.
I’ve said too much.
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Re: Market Loses
[Re: glens]
#8622925
06/18/22 03:32 AM
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Joined: Jun 2011
Posts: 33,963
Buzzsaw
THF Celebrity
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THF Celebrity
Joined: Jun 2011
Posts: 33,963 |
lost $34K.
now i'm all in cash.
two - three years ill make it back
SPACE FOR RENT
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Re: Market Loses
[Re: glens]
#8622928
06/18/22 03:37 AM
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Joined: Jul 2005
Posts: 3,309
Stump_jumper
Veteran Tracker
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Veteran Tracker
Joined: Jul 2005
Posts: 3,309 |
I am heavy in pipeline and oil. This is the only reason I am up this year. I dumped everything NASDQ at the beginning of the year and retail several months ago. Only mistake was not getting out of Tesla sooner. I am down from the high but still up for year.
2017 Tundra 5.7 CM 4x4 2006 Champion 2200 Bay Boat
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Re: Market Loses
[Re: glens]
#8622946
06/18/22 04:35 AM
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Joined: Oct 2017
Posts: 5,951
angus1956
THF Trophy Hunter
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THF Trophy Hunter
Joined: Oct 2017
Posts: 5,951 |
Holding cash on the sidelines.
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Re: Market Loses
[Re: angus1956]
#8622961
06/18/22 08:46 AM
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Joined: Dec 2020
Posts: 1,422
Sewer rat
Pro Tracker
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Pro Tracker
Joined: Dec 2020
Posts: 1,422 |
Holding cash on the sidelines.
So you are losing 10% a year.
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Re: Market Loses
[Re: Sewer rat]
#8622975
06/18/22 10:33 AM
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Joined: Oct 2017
Posts: 5,951
angus1956
THF Trophy Hunter
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THF Trophy Hunter
Joined: Oct 2017
Posts: 5,951 |
Holding cash on the sidelines.
So you are losing 10% a year. A bird in my hand. I'm 66 and time isn't on my side. When right I'll be back in.
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Re: Market Loses
[Re: Sewer rat]
#8622994
06/18/22 12:10 PM
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Joined: Mar 2010
Posts: 12,188
ntxtrapper
THF Celebrity
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THF Celebrity
Joined: Mar 2010
Posts: 12,188 |
Holding cash on the sidelines.
So you are losing 10% a year. Better than losing 30-40% like folks are doing right now. I’m all cash too now. I saw the writing on the wall and pulled everything at a high point.
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Re: Market Loses
[Re: glens]
#8623003
06/18/22 12:17 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Ever heard of a card game called Holdum?
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Market Loses
[Re: ntxtrapper]
#8623024
06/18/22 12:50 PM
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Joined: Sep 2004
Posts: 10,847
DannyB
THF Celebrity
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THF Celebrity
Joined: Sep 2004
Posts: 10,847 |
Holding cash on the sidelines.
So you are losing 10% a year. Better than losing 30-40% like folks are doing right now. I’m all cash too now. I saw the writing on the wall and pulled everything at a high point. I've heard more than one analyst refer to the depreciation on cash as like the cost of a Put Option. You lose a little to be ready to pounce. At times like these margin calls force some to sell everything they have with no other option. If they don't sell their brokerage will do it for them. I never have a margin account.
Last edited by DannyB; 06/18/22 12:53 PM.
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Re: Market Loses
[Re: Sewer rat]
#8623041
06/18/22 01:38 PM
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Joined: Oct 2017
Posts: 5,951
angus1956
THF Trophy Hunter
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THF Trophy Hunter
Joined: Oct 2017
Posts: 5,951 |
Holding cash on the sidelines.
So you are losing 10% a year. In these time if your making 10% per year you need to share your number with everyone here. Happy for you.
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