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Posted: 1/19/2008 4:53:00 AM EST
so far im down 4000.00 since dec.31 .my portfolio is gettin beat like a rented mule!...................well back ta eatin beans and taters
Link Posted: 1/19/2008 4:55:16 AM EST
My FIL lost almost 40K in the last couple weeks.

He was so depressed over it that he went out and bought himself a restaraunt franchise.
Link Posted: 1/19/2008 4:56:09 AM EST
What stocks??
Link Posted: 1/19/2008 4:59:09 AM EST
$0.......
Link Posted: 1/19/2008 5:00:36 AM EST
Actually, I had a nice run-up during the summer. Now those gains are gone.

The last two months have been tough.
Link Posted: 1/19/2008 5:01:33 AM EST
Saw it coming when we printed a series of Hindenberg indicators in October and November. I took a "401K loan" and deposited the cash in a 6 Mo. CD I'm makin' interest, and the 401K money ain't exposed to losses.

It was the only thing I could do, as our 401K doesn't offer "real" conservative options, the "bond" choices are all full of mortgage backed securities and have been getting slaughtered too.
Link Posted: 1/19/2008 5:02:20 AM EST
The only way I ever lose money is when my wife finds the checkbook or the ATM card.
Link Posted: 1/19/2008 5:02:36 AM EST
Just checked my safe...........I didn't lose anything.
Link Posted: 1/19/2008 5:03:18 AM EST

Originally Posted By GonzoAR15-1:
Saw it coming when we printed a series of Hindenberg indicators in October and November. I took a "401K loan" and deposited the cash in a 6 Mo. CD I'm makin' interest, and the 401K money ain't exposed to losses.

It was the only thing I could do, as our 401K doesn't offer "real" conservative options, the "bond" choices are all full of mortgage backed securities and have been getting slaughtered too.


yep,my 401 got hammered!
Link Posted: 1/19/2008 5:04:24 AM EST

Originally Posted By SWS:
Actually, I had a nice run-up during the summer. Now those gains are gone.

The last two months have been tough.



Same here give or take 1% or so. You cant lose money you never had. Unless you cash out and have money in hand anything in a broker account is up for grabs.
Link Posted: 1/19/2008 5:04:27 AM EST
Link Posted: 1/19/2008 5:07:45 AM EST
How exactly do you lose money if you don't sell anything?
Link Posted: 1/19/2008 5:08:12 AM EST
Most of my stocks are in oil and JB Hunt. Longterm I do ok.
Link Posted: 1/19/2008 5:13:51 AM EST

Originally Posted By Bohr_Adam:
How exactly do you lose money if you don't sell anything?


Exactly. And now is the time to think about buying more at the bottom.

Rob
Link Posted: 1/19/2008 5:15:10 AM EST
[Last Edit: 1/19/2008 5:57:01 AM EST by mags]
I use the S&P500 as a benchmark. It went from what 1500k to 1200k aproximately. Luckily I'm only down about 2-3% totally due to a well deversified group of index holdings in which the correalations of 1 offset the other. Plus I rebalanced when the s&p500 was @ 1500k a while back. The mkt does have its ups and downs but I suspect its headed lower near future/ till 2010 when I predict it'll be headed back near 1500/1600,..Good Luck!
Link Posted: 1/19/2008 5:15:15 AM EST
Saw the handwriting on the wall. Moved to cash, CD's and Treasury-based money markets in April and May.

Missed the tippy-top, but also missed a 1500 point drop in the Dow.

Link Posted: 1/19/2008 5:16:01 AM EST

Originally Posted By Bohr_Adam:
How exactly do you lose money if you don't sell anything?


Its really opportunity cost.

I got out of the way, for the most part. Now, when I see a bottom, I can dump back in and experience serious growth for a larger base amount.

Say you've got $100 in a S&P keyed 401K fund.

Market goes down 9 percent.

Now you have $91.

But I have $103. Because I had the same amount in the 401K and got out. I put my "401K loan $" in a 6 month CD at 6%. Under my 401K plan, our interest on 401K loans is nominal, so the interest (which I pay to MYSELF) is about what I gain in the CD.

Now the market's done falling. It recovers 12 percent. The guy who "stayed" in the 401K makes back his money, (12% of $91), so he's got just under $102. But if I time my reentry back into the 401K properly, my $103$ grows by that 12%. ==> $115.36!

So by taking advantage of my options and getting it "right" I will have put myself over 10$ ahead of someone who "rides it out."

I've done this several times, including an absolute KILLING I made when I got out of the way of the tech collapse and then back in once the recovery was in earnest.

So, yeah, not a "loss" for tax purposes which as you note is only "realized" if you sell, but certainly a loss of potential growth.

Its the difference between making your money WORK FOR you, and sitting there watching it go every which way.

And, yes, I get it that if you're not absolutely sure, you can get slaughtered doing what I'm doing. But I'm pretty good at this.

Link Posted: 1/19/2008 5:16:44 AM EST
Link Posted: 1/19/2008 5:18:05 AM EST
[Last Edit: 1/19/2008 5:18:19 AM EST by Bohr_Adam]

Originally Posted By Dusty_C:
Most of my stocks are in oil and JB Hunt. Longterm I do ok.


I'd love to see someone crunch the numbers for a scenario where a guy with a decent job holds onto, and regularly buys, solid blue chip stocks from November 1929 until November 1934 - and where he stands by the mid '50s.

Link Posted: 1/19/2008 5:18:53 AM EST

Originally Posted By Paul:
Nothing, ain't sold a thing. In fact this weeks investments were on sale so I got more shares for it.


Buying the dips in a true bear market is akin to catching a falling knife. But if your event horizon is 10+ years before you'll need to get at the $, dollar cost averaging downward will indeed work well for you.

Link Posted: 1/19/2008 5:20:06 AM EST
[Last Edit: 1/19/2008 5:23:04 AM EST by gene5]

Originally Posted By ar10er:
Cramer has this to say.....


www.msnbc.msn.com/id/21134540/vp/22734052#22734052


ooooooooohhhhhhh CRAMER SCARES THE CRAP OUTA ME, been in a ression since december? that just instilled me with confidence so the stockmarket is gonna bottom out at 9000 greaaaaaat we are fooked
Link Posted: 1/19/2008 5:21:15 AM EST

Originally Posted By Bohr_Adam:
How exactly do you lose money if you don't sell anything?


its an unrealized loss, you still take a hit to equity.
Link Posted: 1/19/2008 5:26:06 AM EST

Originally Posted By Bohr_Adam:

Originally Posted By Dusty_C:
Most of my stocks are in oil and JB Hunt. Longterm I do ok.


I'd love to see someone crunch the numbers for a scenario where a guy with a decent job holds onto, and regularly buys, solid blue chip stocks from November 1929 until November 1934 - and where he stands by the mid '50s.

I'd imagine pretty well. I'm not that into it and don't have much into it. For the next 13 months all my investments are of the steel and brass type
Link Posted: 1/19/2008 5:28:15 AM EST
Nothing. I didn't sell anything. I did buy stuff, though.

Link Posted: 1/19/2008 5:29:33 AM EST

Originally Posted By GonzoAR15-1:

Originally Posted By Paul:
Nothing, ain't sold a thing. In fact this weeks investments were on sale so I got more shares for it.


Buying the dips in a true bear market is akin to catching a falling knife. But if your event horizon is 10+ years before you'll need to get at the $, dollar cost averaging downward will indeed work well for you.



Most of us lack the time, talent, or inclination to try to time the market. Even we, though, can see the stupidity to the sheep mentality of buying high and selling low (which is all too oftne the mentality of many fund managers these days as well).
Link Posted: 1/19/2008 5:31:01 AM EST
[Last Edit: 1/19/2008 5:44:34 AM EST by DamascusKnifemaker]
I've lost 5k just since Jan 1st. All my gains over the summer have evaporated because limp dicks keep talking about a recession. They piss me off!

Over the last two years I have averaged about 10 % but if I go back 3 months I was making 23%. I find it very hard to sit here and not make any changes.
Link Posted: 1/19/2008 5:33:03 AM EST

Originally Posted By Bohr_Adam:
I'd love to see someone crunch the numbers for a scenario where a guy with a decent job holds onto, and regularly buys, solid blue chip stocks from November 1929 until November 1934 - and where he stands by the mid '50s.



I was an idiot during our last major down market at the end of the 90s. I stopped buying. If I had kept regularly buying, I'd probably have aprox $100k more than I have right now.
Link Posted: 1/19/2008 5:35:53 AM EST
I've lost nothing because I haven't sold anything at a loss.

The net worth of my account is not significantly different than it was Dec 31. Maybe down a peak of 2%, but it's only freakin' January for heaven's sake. I'm not ready to jump off a cliff quite yet.

Not worried, my rate of growth may slow slightly but it's still growth.
Link Posted: 1/19/2008 5:39:17 AM EST

Originally Posted By FDC:

Originally Posted By Bohr_Adam:
I'd love to see someone crunch the numbers for a scenario where a guy with a decent job holds onto, and regularly buys, solid blue chip stocks from November 1929 until November 1934 - and where he stands by the mid '50s.



I was an idiot during our last major down market at the end of the 90s. I stopped buying. If I had kept regularly buying, I'd probably have aprox $100k more than I have right now.


I kept buying, actually increased the amount per month. I am still well ahead, and was actually able to cash out in '04 to make a down payment on a house.

I have a long time horizon. Frankly, another 10 year depression looks good to me - as long as I can stay employed.
Link Posted: 1/19/2008 5:44:48 AM EST
[Last Edit: 1/19/2008 5:45:01 AM EST by FDC]

Originally Posted By Bohr_Adam:

Originally Posted By FDC:

Originally Posted By Bohr_Adam:
I'd love to see someone crunch the numbers for a scenario where a guy with a decent job holds onto, and regularly buys, solid blue chip stocks from November 1929 until November 1934 - and where he stands by the mid '50s.



I was an idiot during our last major down market at the end of the 90s. I stopped buying. If I had kept regularly buying, I'd probably have aprox $100k more than I have right now.


I kept buying, actually increased the amount per month. I am still well ahead, and was actually able to cash out in '04 to make a down payment on a house.

I have a long time horizon. Frankly, another 10 year depression looks good to me - as long as I can stay employed.


There is no way I'm stopping my contributions now, and will probably increase along with my change in pay grade February. I'm long term, with a set portion going towards a future house somewhere in about 5 years. I just need to find a real job once I hit 20ish in my current hobby.
Link Posted: 1/19/2008 5:50:51 AM EST
[Last Edit: 1/19/2008 5:54:59 AM EST by ultramagbrion]

Originally Posted By ar10er:
Cramer has this to say.....


www.msnbc.msn.com/id/21134540/vp/22734052#22734052



....incedible layoffs I forsee,........run the table,grand sweep for the democrats. It is that bad out there.



.....it (the reccesion) started in December....it's a bad time.


Kramer has never struck me as a "Chicken Little" type.

This is scary.
Link Posted: 1/19/2008 5:54:05 AM EST
My Mutal Fund dropped a bit, but not enough to worry me. I figure there will be ups and downs, but in the long run, I will be just fine.
Link Posted: 1/19/2008 8:07:39 AM EST

Originally Posted By Bohr_Adam:

Originally Posted By FDC:

Originally Posted By Bohr_Adam:
I'd love to see someone crunch the numbers for a scenario where a guy with a decent job holds onto, and regularly buys, solid blue chip stocks from November 1929 until November 1934 - and where he stands by the mid '50s.



I was an idiot during our last major down market at the end of the 90s. I stopped buying. If I had kept regularly buying, I'd probably have aprox $100k more than I have right now.


I kept buying, actually increased the amount per month. I am still well ahead, and was actually able to cash out in '04 to make a down payment on a house.

I have a long time horizon. Frankly, another 10 year depression looks good to me - as long as I can stay employed.


10 year depression??!!!! nnnoooooooo man! will ALL be livin in the toilet!
Link Posted: 1/19/2008 8:11:37 AM EST

Originally Posted By ultramagbrion:

Originally Posted By ar10er:
Cramer has this to say.....


www.msnbc.msn.com/id/21134540/vp/22734052#22734052



....incedible layoffs I forsee,........run the table,grand sweep for the democrats. It is that bad out there.



.....it (the reccesion) started in December....it's a bad time.


Kramer has never struck me as a "Chicken Little" type.

This is scary.


me neither,but he does seem to over react sometimes,as stated it takes 2 quarters of negative grow to say were in a recession. but i do think its starting
Link Posted: 1/19/2008 8:12:26 AM EST
How much have I lost?

Nothing. I haven't sold.

As a matter of fact, I'm making money... my IRA and 401(k) contributions are buying more shares now than when the DJIA was at 14,000 When the market turns around, I'll have the same number of shares, they'll just be worth more
Link Posted: 1/19/2008 8:14:42 AM EST
anybody watching the prices at the barrett-jackson auto auction this week?there not as strong as they have been in the past.saturday is their strongest day usually well see.
Link Posted: 1/19/2008 8:17:17 AM EST

Originally Posted By DamascusKnifemaker:
I've lost 5k just since Jan 1st. All my gains over the summer have evaporated because limp dicks keep talking about a recession. They piss me off!Over the last two years I have averaged about 10 % but if I go back 3 months I was making 23%. I find it very hard to sit here and not make any changes.


You actually think this is happening because of what people on the news are SAYING???

GR
Link Posted: 1/19/2008 8:20:51 AM EST
Link Posted: 1/19/2008 8:23:22 AM EST
Zero , I dont have any money.....
Link Posted: 1/19/2008 8:39:13 AM EST
Everything's on sale right now.

On Monday, I'm going to up my investing by several percentage points.
Link Posted: 1/19/2008 8:45:47 AM EST

Originally Posted By gene5:

.....,but he does seem to over react sometimes,


Hes got alot of adrenaline going , like most brokers/financial types Ive seen.

Waaaaayyyyy too many RedBulls
Link Posted: 1/19/2008 8:46:51 AM EST
Is the market open on Monday?
Link Posted: 1/19/2008 8:47:55 AM EST
Down about 7% in the 401K, and about 3% in mutual funds.
Link Posted: 1/19/2008 8:48:57 AM EST
When I began investing regularly the Dow was at 680 or so.

So I'm still a couple of bucks ahead.

Link Posted: 1/19/2008 8:51:03 AM EST
I actually made money. On Friday I went short on a couple of stocks. Made something around $800 (which helps offset the $5,000 lost in t he last 3 weeks)
Link Posted: 1/19/2008 8:51:47 AM EST
Nuthin'; I transferred to a moneymarket fund in the first week of December when everything was high. Now that my old funds are down by 20%, I'll get back into them and have 20% more shares for the same value money. Even if everything goes down even more, I'm still ahead. Jeez, this is like candy from a baby.
Link Posted: 1/19/2008 8:54:03 AM EST
Link Posted: 1/19/2008 8:56:13 AM EST
had some Mutual Funds and did Marginal,Due to a recent Loss of Love my Grand Pappy knew far Better

Damn if were in for a Downslide buy it now this won't last forever if your in for the Long Haul, Buy it

Just Opinion
Link Posted: 1/19/2008 10:57:32 AM EST
5% ish,

I hate to look at the actuall unrealized dollar loss amount, it makes me sick. A percentage is much easier for my brain to deal with.
Link Posted: 1/19/2008 10:59:12 AM EST
I lost nothing. I did not sell yet.
Link Posted: 1/19/2008 11:04:36 AM EST

Originally Posted By greenranger:

Originally Posted By DamascusKnifemaker:
I've lost 5k just since Jan 1st. All my gains over the summer have evaporated because limp dicks keep talking about a recession. They piss me off!Over the last two years I have averaged about 10 % but if I go back 3 months I was making 23%. I find it very hard to sit here and not make any changes.


You actually think this is happening because of what people on the news are SAYING???

GR


Not completely but there are a lot of cattle that stampede because of the talking heads. It can't be good for the market.
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