Taking a beating in the stock market

[DVCcurious]

I’m taking a beating in the stock market.

I just needed a place to vent.

 

[punkin]

As are we all. Just breathe.

 

[mjkacmom]

The coronavirus made it happen sooner than later, fortunately we are more than 10 years from retirement. However, if DH didn’t take a more conservative route with Dd17 and ds17’s 529’s like I asked him to a couple of months ago I’m going to kill him (he’s a CFP but more optimistic than I am, even though we all knew all good things have to end).

 

[dclpluto]

I’m taking a beating in the stock market.

I just needed a place to vent.

some people can’t handle the stock market when things go bad. You sound like you are one of them.Like a previous person said just relax and breathe. It will be ok in the long run.

 

[menopauseandmickey]

I’m taking a beating in the stock market.

I just needed a place to vent.

good time to get some Google or Apple stock. my Clorox and Lakeland are up. Lakeland makes hazmat gear

 

[MickeyMouseCD524]

Some see it as bad, I see it as Winter Blowout Sale!

 

[GoingSince1990]

The S&P 500 closed on October 14 of last year at a lower level than today. So stocks are still higher than they were a little over 4 months ago. Lots of doom and gloom in the media but stocks are a long term investment and these kinds of fluctuation happen sometimes.

 

[menopauseandmickey]

good time to get some Google or Apple stock. my Clorox and Lakeland are up. Lakeland makes hazmat gear

not to publicize these companies just consider looking for stock bargains now for good companies

 

[MillauFr]

Down $150k in the last 4 days. C'Est La Vie.... Hakuna Matata

Just booked another trip to Disneyland in April and booked an Disney Wonder Alaska cruise for August 2021.

 

[Dakota731]

It’s still much higher than it was five years ago so we are thankful. Once warmer weather is here and warmer weather kills off the virus all will be fine. Between media hype and all our products being made in China it is totally expected. Cases are actually down now in China so people need to relax. I heard Peloton stock is up due to people staying home to work out lol. Great time to buy!

 

[firefly_ris]

Keep calm and hold them. There will always be ups and downs but don't panic and sell.

 

[tvguy]

PERSPECTIVE:
Dow Jones Industrial Average Closed on February 26, 2016 at 16,639.
Dow Jones Industrial Average Closed on February 27, 2020 at 25,761.
Up over 9,000 points.
Yes, I took a big hit this week, but I still made more in that time period in the stock market than I did working.

 

[_19disnA]

CDC website is a good/reputable place to look for disease information. That is where to find factual information instead of random opinions/hunches, etc.

Q: Will warm weather stop the outbreak of COVID-19?

A: It is not yet known whether weather and temperature impact the spread of COVID-19. Some other viruses, like the common cold and flu, spread more during cold weather months but that does not mean it is impossible to become sick with these viruses during other months. At this time, it is not known whether the spread of COVID-19 will decrease when weather becomes warmer. There is much more to learn about the transmissibility, severity, and other features associated with COVID-19 and investigations are ongoing.

 

[ClapYourHands]

Don't weigh yourself everyday. Don't look at your portfolio everyday.

DH was pretty down about our losses when I got home from (a terrible day at) work on Tuesday. I told him it doesn't really matter what our portfolio looks like now. It's going to go up and down many more times in the next 25 years before we start looking to cash some out.

The only time our portfolio really matters is when we're looking to retire and start withdrawing. Hopefully, the overall trend is upwards, but the numbers are going to fluctuate a lot between now and then. We just have to hold tight and not panic-sell anything.

It's like watching a basketball game - doesn't matter what the score is at halftime. Only matters what the score is at the final buzzer.

 

[MillauFr]

It’s still much higher than it was five years ago so we are thankful. Once warmer weather is here and warmer weather kills off the virus all will be fine. Between media hype and all our products being made in China it is totally expected. Cases are actually down now in China so people need to relax. I heard Peloton stock is up due to people staying home to work out lol. Great time to buy!

Agreed. Warm weather will take care of it. I wonder how the Peloton woman is doing?

 

[Mathmagicland]

Stock market Words of wisdom from my wise grandmother-- you haven’t lost money until you sell.....

 

[hertamaniac]

That's why I shaved profits for my trust when it hit ~35% gain. Brought it back down to my cost basis and I'm sure that today it is below that. I agree with some posters that it is nearing a good buying opportunity for the longers.

 

[scard192]

3 weeks from retirement, I am not even looking at my retirement accounts right now.

 

[tvguy]

That's why I shaved profits for my trust when it hit ~35% gain. Brought it back down to my cost basis and I'm sure that today it is below that. I agree with some posters that it is nearing a good buying opportunity for the longers.

Yup. After splits, my cost basis for Disney stock is $9.16 a share. Current quote is $115.

 

[tguz]

My 401K contribution and the company match will be buying me a lot cheaper shares for a while.....it's painful watching now but watching the comeback will be cool.