Dow down 850...everything looking bad.

[porsche4life]

Originally Posted by stevej37

I hope no-one went out and bought a new boat!

I mean if you cashed out on top you can....

[KFC911]

Originally Posted by stomachmonkey

Ugly

Down $5k on Tueday, meh it goes down it goes up

Up $10k yesterday WOOT, see told ya

Down $20k today **** me

This is why I'm on the sidelines at my this point in my life. I'm not paying much attention these days, and (what I consider to be) huge swings are not for me.... not any more.

While it's nice to go fishing and catch a $25K bass .... it sucks to go fishing and lose a $25K plastic worm.

Gone fishin'....

[sammyg2]

But what iff your worm only cost a dollar? ...

yesterday my overall losses were .71%.
That knocked me all the way back to last Wednesday.
Today could be almost as bad but if it really goes south I might have to give back all of September and August. Maybe July if Fauci really tanks the markets

I'm still holding my biggies, VASIX and VSCGX, and a couple smaller bond-based funds but that's about it until December earliest.
Exposure to equities is at a minimum and has been for a couple months.

[fintstone]

Make a few hundred thousand, lose 10 grand, make another couple hundred thousand, lose a few grand...it is horrible.

[KFC911]

Makin' money you ain't never gonna spend fint?

You ol' skinfint you

[fintstone]

Always saving for a rainy day.

[KFC911]

Originally Posted by fintstone

Always saving for a rainy day.

I suggest investing in Ark!

Kick Slick Willie out too

[RWebb]

Originally Posted by sammyg2

...

I'm still holding my biggies, VASIX and VSCGX, and a couple smaller bond-based funds but that's about it until December earliest.
Exposure to equities is at a minimum and has been for a couple months.

who here owns VASECT?

[Evans, Marv]

At this point in my life, I have most of my investment $ in the oldest mutual fund in the country. I won't be dedicating much time to individual stocks.
From a recent article in US News: "The fund has returned 8.36 percent over the past year, 8.46 percent over the past three years, 8.32 percent over the past five years and 9.80 percent over the past decade."
I'm going to continue to sit tight.

[sammyg2]

Originally Posted by KC911

I suggest investing in Ark!

LOL I sold the few bux worth of ARKK I still had, yesterday morning before it tanked!




Looks like it's at 87 now.

[sammyg2]

Lost another .49% today, back to where I was on August 21st. Hate that.

[RWebb]

Softbank drove up the tech prices recently with call options

[Sooner or later]

Originally Posted by sammyg2

Lost another .49% today, back to where I was on August 21st. Hate that.

Yes, but that 0.49% is $2.4 million

[biosurfer1]

Originally Posted by RWebb

Softbank drove up the tech prices recently with call options

I saw that too, but the article said they bought $4 billion in call options over the past month. With over $200 billion being traded everyday, can $4 billion really make any kind of impact? Seems like tiny potatoes

[RWebb]

it was done quickly - I think it was the froth on top of the bubbles...

[KFC911]

Originally Posted by sammyg2

But what iff your worm only cost a dollar? ...
.

I still lost a $25K worm ....

More than I made annually starting out.... it's virtually all "house money" for most geezers by now .

Easy come.... easy go...

[fintstone]

[biosurfer1]

Originally Posted by fintstone

That's funny

[Bigtoe32067]

I didn’t lose a penny.
Thankfully because I only have two. I have them buried safely out back in the yard in case it all falls apart and we fall back in the copper standard.
Don’t worry about this old man. He’s prepared.
Tony

[tabs]

I gotta admit you Boyz are wizards at investing.