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Main Forums => The Roundtable => Topic started by: Ben on November 20, 2018, 12:02:18 PM

Title: Stock Market
Post by: Ben on November 20, 2018, 12:02:18 PM

Looks like a decent correction going on this week. S&P briefly dipped into "10%" territory but looks like it recovered slightly. I kinda wish I had more cash laying around just now. :)

Title: Re: Stock Market
Post by: MillCreek on November 20, 2018, 12:36:11 PM

I am down around $ 60K over the past couple of months.  $ 20K more to go and I will be negative for the year.  Despite being in a 60/40 split diversified Vanguard fund.

Title: Re: Stock Market
Post by: K Frame on November 20, 2018, 12:44:23 PM

Yeah, I've quit looking.

I'm pushing $100K drop in holdings value.

But, it's all dollar cost averaging.

Title: Re: Stock Market
Post by: charby on November 20, 2018, 03:39:59 PM

I checked last Thursday, my balances are at Nov 2016 levels, not selling, and still buying every 2 weeks.

Title: Re: Stock Market
Post by: K Frame on November 21, 2018, 08:15:10 AM

Yesterday did it for me.

My accounts are down $102,000 and change since this correction started.

Title: Re: Stock Market
Post by: brimic on November 21, 2018, 09:05:10 AM

I pretty much lost everything I gained this year... =|

Title: Re: Stock Market
Post by: K Frame on November 21, 2018, 09:08:46 AM

Yeah, that's a given for me, as well. I think that actually happened a couple of weeks ago.

Title: Re: Stock Market
Post by: Ben on November 21, 2018, 09:14:48 AM

I will say that more due to happenstance than to brilliant planning, I sold 50% of my stake in several high flyers, including HD and BP, a couple of months ago so have not been hit quite as hard. This was the first year in several years where my tax situation let me sell out of my taxable accounts, so I took advantage of that. Lucky timing. :)