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-   -   Money Investment thread spinoff: How much damage to your investments and savings? (https://www.chiefsplanet.com/BB/showthread.php?t=343890)

scho63 05-20-2022 11:07 AM

Investment thread spinoff: How much damage to your investments and savings?
 
As I check my 401K, my trading account, my savings and my Amazon stock, I'm down a good $30-$35,000.

This has been painful on a lot of levels.

Investments, costs of gas, food, rents, lost gains.

On a scale of 1-10, what pain level are you experiencing right now?

I was about a 5 and I think I'm closing in on 6-7.

How about you? :hmmm:

lewdog 05-20-2022 11:11 AM

Should only talk in percentages. $30k on a $1M account is nothing.

Down $30k on $100k is much different.

I’m down about 15% on my investments but moved to mostly cash in many this month, outside of my 401k which I’ll just keep dollar cost averaging into. Timeline 25 years to retire at 60.

scho63 05-20-2022 11:25 AM

I'm down about 12%

scho63 05-20-2022 11:27 AM

I was up about 38% about a year ago. So the change is about 50% from peak.

I got 3 years until I retire

Toad 05-20-2022 11:41 AM

Quote:

Originally Posted by scho63 (Post 16301180)
I was up about 38% about a year ago. So the change is about 50% from peak.

I got 3 years until I retire

Ouch!!
I moved mine to bonds in November so I’m down about 7% YTD

lewdog 05-20-2022 11:51 AM

Moving this thread to email alerts so I can see when MTG posts.

Eleazar 05-20-2022 12:07 PM

i'm safe from all this cause I'm in crypto!

TLO 05-20-2022 12:14 PM

Can't damage my savings if I don't have anything saved.

https://i1.sndcdn.com/artworks-00062...f-t500x500.jpg

TLO 05-20-2022 12:14 PM

My 401k took an relatively minor hit. I'm down about 6%.

We'll be fine.

DaFace 05-20-2022 12:20 PM

I'm -17% YTD, but I'm mostly in S&P funds, so that's actually a bit better than I'd expected (since the S&P is currently -20% or so). C'est la vie. I won't touch it for 25 years anyway.

Iconic 05-20-2022 12:24 PM

roughly 35 - 40% on what i'm still currently invested in. but i sold off the majority of my portfolio a while back and converted it into cash. been patiently waiting for when i feel a bottom has been found.

louie aguiar 05-20-2022 12:31 PM

Bloodbath - a lot of red. Down nearly 20%.

Hog's Gone Fishin 05-20-2022 12:32 PM

My Webull account is up 165.7% since I opened it April 6th. Just completed another trade this morning 11.55% gain

My Etrade account is down around 50% from a year ago. But currently I'm now about 20% cash and using that to swing trades now that I have a system figured out that works.

I'm already retired and living off rental income so it's all play money but losing is still no fun .

Shaid 05-20-2022 12:43 PM

If you are retired, the downswings aren't fun. If you aren't there yet, you can just get more value from the dip. Don't get me wrong, I never want to see it go down. I'm just not overly concerned because I still have a ways to go.

With all that said, I'm down 55k from the end of December.

Buehler445 05-20-2022 12:50 PM

Dude. hog. You’re killing it. I keep saying it and you keep killing it.


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