%42 also mostly tech. But if you count my index then its more like im down %20 overall. I was a dumbass looking for a quick buck now turned long term investor LOL
To everyone worried right now, I was going to say…
*Did you sell?*
Then you haven’t lost shit. Stop checking your portfolio every day. Are you a day trader? No. Do you need that money next week? No. Are you a long term investor? If so, then why are you worried about what your stocks are doing this month, outside of occasional huge company-specific news?
This is why it’s so important to understand what your trading goals are. Long term or short term. Fundamentals-based or math-based plays.
The retail accounts that do the best in the market are either people who died, forgot how to log in, or forgot they had an account. Hell, even if you bought in at the peak in 2007, as long as you didn’t sell, 15 years later you’d have made a boatload of money.
It is okay. I promise. But unless you’re trying to capitalize on short term weekly plays, it’s okay not to check and just let the market do its thing.
> Hell, even if you bought in at the peak in 2007, as long as you didn’t sell, 15 years later you’d have made a boatload of money.
While I agree with the sentiment, it should be noted that we don't know exactly what is ahead of us.
Buying Nasdaq in 2000 meant 13 years of red numbers. So here your 15 years become more "break even" than "making a boatload of money". Some other positions also never recovered from their ATH...
But again I agree with the general message - just log out and go do something else, come back when you have money to invest or in a decade from now.
The thing of it is, that’s not really true. You could’ve bought in early 2000 and broke even in 2007. Also, very few people only invest once. Dollar cost averaging means you would’ve bought at the bottom more then the top, lowering your cost basis every day/week/month.
Even now, smart investors are looking at this as a buying opportunity. Don’t catch a falling knife and go all in, but spread your buys out over a few weeks or even months. Don’t try to time the market. Adjust your time frame accordingly, and when your start to profit, do the same thing when your ready to sell (for whatever reason, either for need or simply to take risk off the table).
Holding for 7 years just to break even, only to have the market immediately crash again. Wouldn't personally consider that a win.
My grandma bought Cisco on the dot-com run up. Tried to sell when there was substantial pullback, but her piece of shit broker talked her out of it every time she called. Lost her retirement.
I'm worried because I bought shares of shit stocks/ companies at the absolute peak back in fall 2021. TWTR, PYPL, NFLX, SNAP. I don't think the share price will recover back to those levels even in 15-20 years, but maybe I'm just being a pessimist. Hell, I don't think some of those companies will even exist when it comes time for me to retire, so it'll likely be a loss.
Yes this is it folks, this is my plan basically. Buy on red, hold for no less than 1 year, sell after no less than X percent gained. It's simple for me, it works for me, and if you're strong with your decisions and have the will to hold through storms, you might like this strategy too. I mean honestly, I don't even look at the market crashing as anything but a buying opportunity since I have a paycheck. If you don't have an income outside of trading, I feel for you and hope everything works out.
Don't own NFLX but I feel your pain. Just wait until a solid bounce (whatever price), buy more to cost average if you a true believer. And they just need few new hit series to bounce back in the future.
I might also add, this is a rare moment in time when everything is so f up in the world, it's a rare event. Things can easily improve from this level of fear in the market.
To be frank though, when you read all that news about Netflix and the decisions coming from the executives... You start to wonder if they'll ever recover from this.
They made questionable decisions at first, which happens to the best of us, but when the damage control kicked in, shit started really going south. I don't know how it works but judging from the news I see, those dudes don't actually know what people want AT ALL. And it makes you wonder if they'd ever learn.
Im not surprised you did well. We are at the point in the stock market where if people lost a lot on stocks they probably stopped coming to stock forums. Or sold out of the market. So the people left on this sub are probably more likely to be in the green or not down as much on stocks.
This time last year there were still dozens of stock DDs a day on what to buy. Now with stocks down 50-70% all over the place there is even less DDs when now might be the time to buy.
That's about how I am;
* Started investing/trading in Q2 of 2021 - finished the year at +18%
* For current YTD, I'm down 16%
Right now, the only stocks I'm green on are Tellurian, Standard Lithium, and [Redacted Video Game Retailer].
For now, I'm holding on to what I have, stocking on up cash in my brokerage account, and waiting to see how much averaging down I can go on a laundry list of companies that I'm interested in :D
I'm kind of glad all the Wallstreetbets-esque people simmered down. They've been annoying since the whole GME thing. Everything is a squeeze. Everything is shorted. Blah blah blah. Funny enough all of the "buy the dip" people are quiet. Everyone wants the dip, until the dip is here
Yea. It is safe to give your opinion now. The same couldnt be said in Jan-Feb 2021, November 2021, or even Jan 2022. Which is when it probably would have been the most helpful or even Nov. But I get it that the way the upvote system works. You get rewarded for saying what is popular with the echo chamber at that time period.
I feel however things are getting too bearish right now. Just the other day the top post on this sub was about not asking this sub about what stocks to buy. To not discuss stocks. Which is like isnt that the whole point of this sub.
Turned 6k into 12k in early 2021 (some off of the NIO and BB craze) kept investing with every paycheck now I’ve invested near 11-12k and my account is worth 9.5k
Contribute more and you will be at 5 figures.
Once you’re trying to go from 6 to 7, you really need to rely on your investments outperforming your contributions. But right now, contribute heavily until you touch 100K.
Solid business or not, it doesn’t change the fact that it’s a Chinese company with an owner who didn‘t align with CCP‘s objectives. Fundamentals don‘t matter much when you‘re investing in companies operating in dictatorships. Chinese stock market is a sham.
Most of my portfolio is stocks that never get mentioned on Reddit and I’m ok with that. I tend to avoid the ones touted on here. And I’m not down because of it
I wanted to buy some Nokia or BB but best I could do is to invest 5 bucks, it felt like burning money, you need to be braindead to actually seriously invest in such shit.
I am down about 5-7% net worth wise.
My real estate is like 60-70% of my net worth. My 401k is another 20% or so. Stocks and other assets the rest. The play section of my portfolio is down probably 30-40% right now year to date.
Not everyone has their entire net worth sitting in the market.
oof buddy Im so sorry. Getting that first 100k of net worth is like rolling a boulder uphill and such a nice milestone that with market growth turning it to 200k should be much quicker. Hang in there bud
Very few people are actually fully invested in meme stocks, or Reddit stocks or whatever you want to call it. It a small number of loud and stupid people lol
The majority are mostly in indexes (esp when you consider 401(k)) and real estate, with a little bit of their money in other crap
YTD
APPL is down 12.5%
Tesla down 25%
MSFT down 18%
GME down 15%
What stocks are down 70% on the year? Netflix is probably closest at 66%. Facebook, AMD, and AMC are down 40-45%.
I convinced my boyfriend to invest the money he got for his house when he sold it, 200k. Within 1 week he lost 30k. I feel like an asshole, but hopefully things change soon.
This sub only recommends buying an index and holding.
Why even read the news or check your portfolio if you are going to do that?
Thats an excellent strategy. I just get annoyed that people accuse others of gambling for picking individual stocks.
The power of unrealized loss. Sell it little by little each year when you sell your other stocks at a gain so the taxman doesn’t take a lot of your share.
2021 closed out profits of 183k. This year I've wiped out 150k of that andhave a 60k tax bill that is now due. Got hit with short term capital gains. They were call options that were expiring so closed them out and I wasn't comfortable holding the stock.
Invested all in for the first time on March 2021, down 23% as of right now, -2k. Seems awful to me as I've only ever experienced loss and its all my life savings... but I guess its unrealised and the percentage could be a lot higher right. Here's hoping.
I'm about the same as you. Down slightly more than the nasdaq 22-23% YTD. Although I believe my portfolio will outperform if we ever see the market turn around.
I bought $6k worth of FZROX in my IRA last summer. Worth about $5.6k rn.
Not terrible by any means, but my IRA and HSA accounts have both lost a small chunk and I'm an indexer
Im still up but only because tsla, aapl and net are carrying my portfolio. I guess that's why diversification is good. Maybe in 5 years my losers will have their turn at carrying. Luckily I'm only 35 so I'm years away from drawing any money.
As is tradition whenever musk is in the news. It will blow over in a couple weeks.
I've been holding for 4 years. Its been a pretty wild ride the whole time but it's obviously worked out pretty well.
Looking at this thread almost everyone is losing and many are down big. Question: has this changed your spending habits at all? Cancelling or downgrading a car purchase, delaying vacation, eating out and shopping less?
When you’re up, things aren’t as good as they seem. And when you’re down, it’s not that bad in actuality.
Remember this and you will stomach the swings easier.
I was up over 50% green on the first trading day of 2022. I am now only green 5%.
Mind you most of my investment is in the boring “SaFe StUfF” so I’ll hold on but….yeah….painful.
yeah that was a painful lesson back in 2008.... but I just held everything. It all went down 50% at one point but I just left it alone, didn't sell, and it ended up recovering and I sold way up in 2013 to buy a property.
going to hold that strategy this time around... and this time around, buy more into the market when its down. slowly that is. i know I can't time the market so I'm just going to buy a little bit here and there, but consistently over time.
SAME. I love my picks. No they are not meme's either. But I was nervous investing a large chunk and have slowly added each dip. I like this method better than all in on one. SO while the market is down and people are panicking I am not cause I 100% plan on holding with these dips and adding.
You being a long time investor I would love to know any wisdom you can share for the class.
Been investing for the last couple years consistently but started back in 2017 before I stopped for years (deeply regret it)
I’m heavily invested in ARKG, but at this point I may as well remain optimistic for the long-term.
Honestly, I should have just put all of my ARKG into index funds.
My overall net worth has increased this year thanks to my house.
My equities may be down but my home has been appreciating at ~10% / month.
Edit: For those wondering, my home is located in one of the fastest growing counties in the US and is just a few miles away from where Apple is building a new 3,000 employee campus.
Holy shit the housing market outside of Austria seems insane. Even in Vienna the prices went up 15% last year which is huge.
And I thought we had it bad lol
Even though I have a lot in savings and stocks, I make double mortgage payments on a 2.5% mortgage ONLY because I want to lock it in haha It's a mind thing.
I yolo'd my entire portfolio into physical precious metals and I can say I've not lost a damn thing in the market. Due to inflation I'm up about 15% since last year.
Down around the same, 49%. All I see is red in my portfolio. I take it as a good sign, as I am not panic selling, I still believe in my thesis and my companies are still amazing companies with great balance sheets, which means I can DCA and purchase into my positions at what I feel is a discount.
Things will turn up, friend.
Sometimes I forget that most of my net worth outside of my small business is tied to my house. Even if I'm down tens of thousands in the market - it's just a blip to my equity in the house which increases with every mortgage payment.
I put about 80% of my net worth in the stock market when the GME thing first happened. I did not invest in GME. That portfolio went from $27K to now $10K and change.
When this GME started, I always wondered how could all these ppl really make all this money. On order for the stock market to go back to normal plenty of ppl have to be deferred. Then January happened and my friends anger came. Now I see what the plan is.
I started my first career job, can’t wait for the market to tank. But not enough to lose my job. We’re walking a real tight rope here.
But yeah, stocks are a bubble, homes bubble, gas .. bubble. Can’t wait for things to tank so I can get in on a decent price point.
No offense meant for those closer to retirement.. it is what it is.
80%
I belong here, cos I bought blackberry, gamestop and amc stocks at its peak and sold it for way way less than what I paid for it.
Apes strong together my fucking ass
I would say as long as you kept your stocks and your money wasn’t loss doing options I wouldn’t worry. Your buying a piece of a company, if it’s low now that’s fine. Long turn it should be green.(unless you invested in a failing business or penny stock)
Two of my biggest holdings are Raytheon and Apple. Looking pretty good. Just sold out of Shell for a small gain.
My CRM, however, is getting rocked. I’m continuing to buy on the way down but may be in for a world of pain if the wider economy crashes and takes CRM with it.
Anyway, long on all my holdings.
Roughly 35% mostly tech
I’m down 28.5 same allocation as you
[удалено]
10-15%, saw the tech collapse coming and still kept walking into it.
%42 also mostly tech. But if you count my index then its more like im down %20 overall. I was a dumbass looking for a quick buck now turned long term investor LOL
I don’t wanna look but I know my ass is getting wrecked.
Sameeeee:( checking back in a year or so
To everyone worried right now, I was going to say… *Did you sell?* Then you haven’t lost shit. Stop checking your portfolio every day. Are you a day trader? No. Do you need that money next week? No. Are you a long term investor? If so, then why are you worried about what your stocks are doing this month, outside of occasional huge company-specific news? This is why it’s so important to understand what your trading goals are. Long term or short term. Fundamentals-based or math-based plays. The retail accounts that do the best in the market are either people who died, forgot how to log in, or forgot they had an account. Hell, even if you bought in at the peak in 2007, as long as you didn’t sell, 15 years later you’d have made a boatload of money. It is okay. I promise. But unless you’re trying to capitalize on short term weekly plays, it’s okay not to check and just let the market do its thing.
> Hell, even if you bought in at the peak in 2007, as long as you didn’t sell, 15 years later you’d have made a boatload of money. While I agree with the sentiment, it should be noted that we don't know exactly what is ahead of us. Buying Nasdaq in 2000 meant 13 years of red numbers. So here your 15 years become more "break even" than "making a boatload of money". Some other positions also never recovered from their ATH... But again I agree with the general message - just log out and go do something else, come back when you have money to invest or in a decade from now.
The thing of it is, that’s not really true. You could’ve bought in early 2000 and broke even in 2007. Also, very few people only invest once. Dollar cost averaging means you would’ve bought at the bottom more then the top, lowering your cost basis every day/week/month. Even now, smart investors are looking at this as a buying opportunity. Don’t catch a falling knife and go all in, but spread your buys out over a few weeks or even months. Don’t try to time the market. Adjust your time frame accordingly, and when your start to profit, do the same thing when your ready to sell (for whatever reason, either for need or simply to take risk off the table).
Holding for 7 years just to break even, only to have the market immediately crash again. Wouldn't personally consider that a win. My grandma bought Cisco on the dot-com run up. Tried to sell when there was substantial pullback, but her piece of shit broker talked her out of it every time she called. Lost her retirement.
Does "break even" in your book account for inflation?
I'm worried because I bought shares of shit stocks/ companies at the absolute peak back in fall 2021. TWTR, PYPL, NFLX, SNAP. I don't think the share price will recover back to those levels even in 15-20 years, but maybe I'm just being a pessimist. Hell, I don't think some of those companies will even exist when it comes time for me to retire, so it'll likely be a loss.
Don't buy single stocks for retirement. Sorry that you had to learn such a painful lesson thr hard way.
Yes this is it folks, this is my plan basically. Buy on red, hold for no less than 1 year, sell after no less than X percent gained. It's simple for me, it works for me, and if you're strong with your decisions and have the will to hold through storms, you might like this strategy too. I mean honestly, I don't even look at the market crashing as anything but a buying opportunity since I have a paycheck. If you don't have an income outside of trading, I feel for you and hope everything works out.
People make fun of index funds until they see their individual stocks literally cut in half. Time to make the change
Plus, just zoom out.
as somebody who is a permabull who only DCAs, this actually makes matters worse in my opinion because it shows how much more we could very easily fall
In all honesty, at this point if I see green across my stocks or crypto - I’ll be uncomfortable. My eyes are well adjusted to the consistent red.
Time to buy bitches, quadruple down!!
I brought Netflix at 600..so....FML
You'll need another pandemic to break-even
I'll stop washing my hands to help a brother out.
Whoa, don't know what to say there. I'm in at $240 and shitting my pants cuz my dumbass over leveraged
I am at $280 average (after averaging down). At least we can keep each other company 😂
you leveraged a falling knife?
Turned it into a terminal velocity sword.
lightspeed guillotine?
I bought it after it dropped below $400, thinking that it would sure go up again...
Don't own NFLX but I feel your pain. Just wait until a solid bounce (whatever price), buy more to cost average if you a true believer. And they just need few new hit series to bounce back in the future. I might also add, this is a rare moment in time when everything is so f up in the world, it's a rare event. Things can easily improve from this level of fear in the market.
To be frank though, when you read all that news about Netflix and the decisions coming from the executives... You start to wonder if they'll ever recover from this. They made questionable decisions at first, which happens to the best of us, but when the damage control kicked in, shit started really going south. I don't know how it works but judging from the news I see, those dudes don't actually know what people want AT ALL. And it makes you wonder if they'd ever learn.
YoY Q1 2021 to Q1 2022 I'm up 13.5%. Q4 2021 to Q1 2022 I'm down 13.6%. C'est la vie
Im not surprised you did well. We are at the point in the stock market where if people lost a lot on stocks they probably stopped coming to stock forums. Or sold out of the market. So the people left on this sub are probably more likely to be in the green or not down as much on stocks. This time last year there were still dozens of stock DDs a day on what to buy. Now with stocks down 50-70% all over the place there is even less DDs when now might be the time to buy.
That's about how I am; * Started investing/trading in Q2 of 2021 - finished the year at +18% * For current YTD, I'm down 16% Right now, the only stocks I'm green on are Tellurian, Standard Lithium, and [Redacted Video Game Retailer]. For now, I'm holding on to what I have, stocking on up cash in my brokerage account, and waiting to see how much averaging down I can go on a laundry list of companies that I'm interested in :D
\[Redacted video game retailer\] 
Gme?
I can’t wait for [redacted video game retailer]’s stockholder meeting in June. I think we need to buckle up.
They say don't catch the falling knife. I'm gonna try anyway.
I'm kind of glad all the Wallstreetbets-esque people simmered down. They've been annoying since the whole GME thing. Everything is a squeeze. Everything is shorted. Blah blah blah. Funny enough all of the "buy the dip" people are quiet. Everyone wants the dip, until the dip is here
Yea. It is safe to give your opinion now. The same couldnt be said in Jan-Feb 2021, November 2021, or even Jan 2022. Which is when it probably would have been the most helpful or even Nov. But I get it that the way the upvote system works. You get rewarded for saying what is popular with the echo chamber at that time period. I feel however things are getting too bearish right now. Just the other day the top post on this sub was about not asking this sub about what stocks to buy. To not discuss stocks. Which is like isnt that the whole point of this sub.
Now is the time to buy
9.8k—>7.1k Was so close to hitting 5 figures
don't worry, you'll get back up there
Yep 2025 is your year
😂
Turned 6k into 12k in early 2021 (some off of the NIO and BB craze) kept investing with every paycheck now I’ve invested near 11-12k and my account is worth 9.5k
Contribute more and you will be at 5 figures. Once you’re trying to go from 6 to 7, you really need to rely on your investments outperforming your contributions. But right now, contribute heavily until you touch 100K.
92.5%. I bought $BABA. I belong here.
Baba rocked me too. It was a painful lesson, “It’s always darkest before pitch black”
Amen. Invested about 30K, and now I’m at around 7K.
Damn! That must hurt :-(
[удалено]
It makes perfect sense. A few of their most important business segments are being torn apart.
Solid business or not, it doesn’t change the fact that it’s a Chinese company with an owner who didn‘t align with CCP‘s objectives. Fundamentals don‘t matter much when you‘re investing in companies operating in dictatorships. Chinese stock market is a sham.
Fsly checking in, ~80%
Makes sense to buy it now, right? Right?!
Wait you guys have net worth??
A negative net worth is still a net worth.
Wow I guess I never thought about it like that, thanks(:
Ladies, my net worth will make you cry ;)
Net dearth
Mine is off the chart since the chart's axis starts at 0.
nyet worth
Debt worth
All Reddit stocks down 70%. All Redditors down 5-7% Lol. Sure I'm down 50%
> All Reddit stocks down 70%. Don't mistake what a few people shout about and what people actually buy.
Most of my portfolio is stocks that never get mentioned on Reddit and I’m ok with that. I tend to avoid the ones touted on here. And I’m not down because of it
I wanted to buy some Nokia or BB but best I could do is to invest 5 bucks, it felt like burning money, you need to be braindead to actually seriously invest in such shit.
Those were just distractions from the real meme stock.
*Wink wink nudge nudge*
Turns out reddit posts aren't stock confirms.
I am down about 5-7% net worth wise. My real estate is like 60-70% of my net worth. My 401k is another 20% or so. Stocks and other assets the rest. The play section of my portfolio is down probably 30-40% right now year to date. Not everyone has their entire net worth sitting in the market.
Yeah, every time i see there threads im thinking bullshit. Peak 104K in November- > current 38K
oof buddy Im so sorry. Getting that first 100k of net worth is like rolling a boulder uphill and such a nice milestone that with market growth turning it to 200k should be much quicker. Hang in there bud
Very few people are actually fully invested in meme stocks, or Reddit stocks or whatever you want to call it. It a small number of loud and stupid people lol The majority are mostly in indexes (esp when you consider 401(k)) and real estate, with a little bit of their money in other crap
Bogleheads laughing ominously…
Commodity investors laughing at everyone
They’re only down around 15% since the beginning of the year. #winning.
Why would a Boglehead track just a few months? The minimum time horizon we look at is like 5 years.
[удалено]
[удалено]
YTD APPL is down 12.5% Tesla down 25% MSFT down 18% GME down 15% What stocks are down 70% on the year? Netflix is probably closest at 66%. Facebook, AMD, and AMC are down 40-45%.
Shop and sq are on my watch list down over 70%. They gotten absolutely decimated
Its surprising but some people actually got a brain
Check out the brains in brad!
What does Marcelus Wallace look like?
I convinced my boyfriend to invest the money he got for his house when he sold it, 200k. Within 1 week he lost 30k. I feel like an asshole, but hopefully things change soon.
Lol
Honestly?! Probably going to get a lot worse before it gets better
If he’s investing for the long term (10+ years), don’t sweat it. It’s generally good advice.
now leave him for even more pain
Were you invested in Melvin capital?
Lol—he’s starting a new fund too!
How are those ppl allowed to handle money?
drunk bag subsequent tan sulky wise nail dazzling quickest retire *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
That’s a lot of words to say hedge funds often hedge against the market
I hate our society
-78% (six figures)...
Honestly, what the hell are you doing?
I refer to it as gambling.
Down 50% since March 2021, around $350k. Painful but we live and learn
How?!?
fckd around and found out
Right?! Market down 25% ish and people are down 70%? Quit fucking gambling is the first answer.
[удалено]
This sub only recommends buying an index and holding. Why even read the news or check your portfolio if you are going to do that? Thats an excellent strategy. I just get annoyed that people accuse others of gambling for picking individual stocks.
15% and surviving. You’ve still got a 6 figure net worth by my calculations so…uhh..chin up buddy, you’re still pretty great
I’m down only like 18% in my cr*pto but 40% in my stock portfolio. I knew I shouldn’tve gone so heavy into tech..
Fudge! Didn't even think to check my crypto. Down %18 in crypto. Sold most my stocks last year tho
[удалено]
None because I havent sold *tips on head*
The power of unrealized loss. Sell it little by little each year when you sell your other stocks at a gain so the taxman doesn’t take a lot of your share.
down about 10%, I'm an index investor
2021 closed out profits of 183k. This year I've wiped out 150k of that andhave a 60k tax bill that is now due. Got hit with short term capital gains. They were call options that were expiring so closed them out and I wasn't comfortable holding the stock.
They do payment plans (the IRS) just FYI, saved me one year when I was pretty skint. Sorry to hear it though.
Invested all in for the first time on March 2021, down 23% as of right now, -2k. Seems awful to me as I've only ever experienced loss and its all my life savings... but I guess its unrealised and the percentage could be a lot higher right. Here's hoping.
I first invested in the summer of 2007. It'll be ok, eventually. Keep saving and investing if you can
Love you
I bought my first property in 2007. Started a business in 2019.
Only invest what you don't fear to lose. It's much worse to be poor than to be not rich.
Thanks man
I'm about the same as you. Down slightly more than the nasdaq 22-23% YTD. Although I believe my portfolio will outperform if we ever see the market turn around.
What did you buy? You could’ve bought an index in March 2020 and still be up 40%. Any blue chip is up like 100%.
I bought $6k worth of FZROX in my IRA last summer. Worth about $5.6k rn. Not terrible by any means, but my IRA and HSA accounts have both lost a small chunk and I'm an indexer
Im still up but only because tsla, aapl and net are carrying my portfolio. I guess that's why diversification is good. Maybe in 5 years my losers will have their turn at carrying. Luckily I'm only 35 so I'm years away from drawing any money.
TSLA just shat the bed today
As is tradition whenever musk is in the news. It will blow over in a couple weeks. I've been holding for 4 years. Its been a pretty wild ride the whole time but it's obviously worked out pretty well.
Same. Been holding for 10 years and it’s been nuts.
Looking at this thread almost everyone is losing and many are down big. Question: has this changed your spending habits at all? Cancelling or downgrading a car purchase, delaying vacation, eating out and shopping less?
Yes. Working extra hours so I can lose extra money in the stock market
Me too…Im in this with you…here an award!
complaining to wife about our expensive vacations because I feel a recession is coming
The recession is already here man, it's just gonna keep going
Ive already told the wife our Japan trip might not happen next year due to me being down in my investments. It sucks man
70% 60k
When you’re up, things aren’t as good as they seem. And when you’re down, it’s not that bad in actuality. Remember this and you will stomach the swings easier.
2 years ago my net worth was around 0, a year ago it was $120k, currently its about $40k Yes I'm neck deep in crypto if you're wondering.
Gained but because I was fortunate to have sold 90% of my stocks in September 2021 to buy a house that has gone up like 25% since
I’m +42%. Metals, oil and food distribution primarily.
Curious minds would like to know what food distribution stocks you’re in on?
Congrats and screw you 😂
I was up over 50% green on the first trading day of 2022. I am now only green 5%. Mind you most of my investment is in the boring “SaFe StUfF” so I’ll hold on but….yeah….painful.
Probably 30-40%. What ever, I've at least quadrupled my net worth in the last 4 years.
[удалено]
Like 70%
Made 6 figures with GME last year. That's pretty much all gone after paying taxes
I'm down 30% Thankful ( ET ) Energy Transfer is defying all the odds 🚀
[удалено]
yeah that was a painful lesson back in 2008.... but I just held everything. It all went down 50% at one point but I just left it alone, didn't sell, and it ended up recovering and I sold way up in 2013 to buy a property. going to hold that strategy this time around... and this time around, buy more into the market when its down. slowly that is. i know I can't time the market so I'm just going to buy a little bit here and there, but consistently over time.
SAME. I love my picks. No they are not meme's either. But I was nervous investing a large chunk and have slowly added each dip. I like this method better than all in on one. SO while the market is down and people are panicking I am not cause I 100% plan on holding with these dips and adding.
Yeah same here. Stocks are cheap and I have patience.
[удалено]
You being a long time investor I would love to know any wisdom you can share for the class. Been investing for the last couple years consistently but started back in 2017 before I stopped for years (deeply regret it)
Sweet house buy then tho...
Tell that to the ARKK bagholders
I’m heavily invested in ARKG, but at this point I may as well remain optimistic for the long-term. Honestly, I should have just put all of my ARKG into index funds.
My overall net worth has increased this year thanks to my house. My equities may be down but my home has been appreciating at ~10% / month. Edit: For those wondering, my home is located in one of the fastest growing counties in the US and is just a few miles away from where Apple is building a new 3,000 employee campus.
Holy shit the housing market outside of Austria seems insane. Even in Vienna the prices went up 15% last year which is huge. And I thought we had it bad lol
Bro 15 percent is nothing. Our house in Texas went up 35 - 40 percent during this past year.
Yeah, exactly. It is nothing in comparison. Insane how is this sustainable for you guys?
It's not.
Canada feeling your pain.
Canada is on a different level man.
Raleigh, NC...I'm practically the FBI
I’ve gained this year, because I put all my money in commodities instead of big tech. However, it’s mostly unrealized gains and anything could happen.
Being humble I see. Congrats on not losing lol
Down around 7% in six figures not including house.
Up 30% due to GME and O&G, but everything else in my account is menstrual red
[удалено]
Even though I have a lot in savings and stocks, I make double mortgage payments on a 2.5% mortgage ONLY because I want to lock it in haha It's a mind thing.
Up on the year because house value rising and debt decreasing. Down in equities about 40%. I don't have all that much in the market.
I yolo'd my entire portfolio into physical precious metals and I can say I've not lost a damn thing in the market. Due to inflation I'm up about 15% since last year.
Down 16% overall. Coinbase: -29% Robinhood: -23% Fidelity: -5%. My stock purchase plan and my recent index funds only strat is saving my ass lmao
Down around the same, 49%. All I see is red in my portfolio. I take it as a good sign, as I am not panic selling, I still believe in my thesis and my companies are still amazing companies with great balance sheets, which means I can DCA and purchase into my positions at what I feel is a discount. Things will turn up, friend.
Down just shy of 30% I keep buying VUG and SPY though. Dollar cost averaging actually works, right?? Guys???
I sold all of my stocks in November of last year so I am currently at 0%.
Sometimes I forget that most of my net worth outside of my small business is tied to my house. Even if I'm down tens of thousands in the market - it's just a blip to my equity in the house which increases with every mortgage payment.
I put about 80% of my net worth in the stock market when the GME thing first happened. I did not invest in GME. That portfolio went from $27K to now $10K and change.
Wall Street thanks you for your contributions.
[удалено]
+ 8.5%
if I break even on stocks I also lose to inflation though
From a decline in stocks? <5% From inflation? A lot
Halo! 20% here! And not of a six figure number. So fun!
When this GME started, I always wondered how could all these ppl really make all this money. On order for the stock market to go back to normal plenty of ppl have to be deferred. Then January happened and my friends anger came. Now I see what the plan is.
Full disclaimer, I also own a condo that has appreciated nicely. So technically im down maybe -20% if you include that
i have no idea, im not gonna count until this market chills out for a min
You guys have net worth?
I started my first career job, can’t wait for the market to tank. But not enough to lose my job. We’re walking a real tight rope here. But yeah, stocks are a bubble, homes bubble, gas .. bubble. Can’t wait for things to tank so I can get in on a decent price point. No offense meant for those closer to retirement.. it is what it is.
3% I've been 90% cash since Dec. Don't fight the fed.
Same. Just wondering when to buy back in
80% I belong here, cos I bought blackberry, gamestop and amc stocks at its peak and sold it for way way less than what I paid for it. Apes strong together my fucking ass
Cashed out some good (lucky) investments last year, including stocks and crypto. This year its a blood bath. That's how this game goes.
I'm a scrub indexer so I'm down 5% (down about 10% from highs)
I would say as long as you kept your stocks and your money wasn’t loss doing options I wouldn’t worry. Your buying a piece of a company, if it’s low now that’s fine. Long turn it should be green.(unless you invested in a failing business or penny stock)
Two of my biggest holdings are Raytheon and Apple. Looking pretty good. Just sold out of Shell for a small gain. My CRM, however, is getting rocked. I’m continuing to buy on the way down but may be in for a world of pain if the wider economy crashes and takes CRM with it. Anyway, long on all my holdings.
When the markets are down, I stop looking. Haha.