Anyone else take a beating in the stock market the last month?

MichaelWinicki

"You want some?"
Staff member
Messages
48,001
Reaction score
27,922
CowboysZone ULTIMATE Fan
Looked at my account today... OUCH!

If the funds I invested in were likened to NFL teams, over the last month my funds were the 2017 Browns.
 
Looked at my account today... OUCH!

If the funds I invested in were likened to NFL teams, over the last month my funds were the 2017 Browns.
Sorry to hear it. I lost about 4 grand in my 401K, which isn't too bad.
 
This was predicted by Buffet. Throw a rock in the pond and wait for the wave back from the far shore. Cause and effect and that’s about as far as I can go without tripping that ever so delicate political trap.

But yes, if this was 2.5 years ago, I would think twice about retiring.
 
Yeah.

The extent of the "damage" probably varied somewhat from person to person.

My portfolio was off 8% for the month.
The markets are roughly the same place they were this time last year. The tax breaks for corporations were like a sugar high. The increasing deficit is going to put more pressure on the markets. Could be a bumpy down hill ride for a while. I would suggest letting one of the big houses manage your money. Schwab, Merrill Lynch. They can move you around i.e. more bonds, international stocks, etc depending on how they see things going. They know much better than us. Probably won’t gain much if any, but they can certainly help minimize the losses.
 
What would the person that won the 1.6 bil do with that money? My credit union doesn't have that much on deposit, even after taxes
 
I liquidated the rest of my assets in May. The bear has been at the doorsteps, I just wasn't sure exactly when. With the tarrifs started flying and China's growth was already slowing (meaning the world's requirements were slowing) it was time to take profits before losing them en masse.

No way this bull market could continue. Not to mention it's 9 freaking years old. All good things must come to an end.
 
Last edited:
The markets are roughly the same place they were this time last year. The tax breaks for corporations were like a sugar high. The increasing deficit is going to put more pressure on the markets. Could be a bumpy down hill ride for a while. I would suggest letting one of the big houses manage your money. Schwab, Merrill Lynch. They can move you around i.e. more bonds, international stocks, etc depending on how they see things going. They know much better than us. Probably won’t gain much if any, but they can certainly help minimize the losses.

Oh I do have a couple folks managing things... I wouldn't attempt that on my own.
 

Forum statistics

Threads
464,596
Messages
13,820,849
Members
23,781
Latest member
Vloh10
Back
Top