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Registered
Join Date: Jun 2003
Location: Fresno, CA
Posts: 7,769
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Monday Stock Market - Ouch!
I'm down about $6k today. I wish I had a bunch of money to start buying.
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09-20-2021, 09:15 AM
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 55,899
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At one vendor, I've got 2 accounts and the combined change in those is about -.75%.
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Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa  SOLD 2004 - gone but not forgotten
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09-20-2021, 09:23 AM
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Preferred pronoun:Maestro
Join Date: Sep 2012
Location: Group W Bench
Posts: 11,359
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I wish it was only $6K! This is brutal - particularly because I'm within just a few months of beginning a 4% annual usage of the balance. _
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When in doubt, use overwhelming force. |
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09-20-2021, 09:26 AM
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I sold some stock months ago and the money is just sitting. might be a good time to pick up some more TQQQ.
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--------------------------------------------------------------------------- "There is nothing to be learned from the second kick of a mule" - Mark Twain |
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09-20-2021, 09:45 AM
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Vaccinated and Boosted
Join Date: Mar 2007
Location: Ohio
Posts: 1,582
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IS this the beginning of the correction or just a 1 day issue????
I fear this may be just the beginning.
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2013 911 Turbo S 2025 Lexus TX350, 2024 Honda CRV Hybrid 1930 Cadillac V8, 1991 Ford F250, 2023 Chevy Colorado And some garage space.... |
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09-20-2021, 10:20 AM
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Registered
Join Date: Jun 1999
Posts: 7,130
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Big down day, yes, but SPX (S&P500) is only back to July levels....really not a big deal in context.
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1957 Speedster, 1965 356SC, 1965 356SC Outlaw, 1972 911T, 1998 993 C2S, 2018 Targa 4 GTS, 2014 Cayenne S, 2016 Boxster Spyder, 2019 Tacoma |
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09-20-2021, 10:21 AM
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Alter Ego Racing
Join Date: May 2002
Location: Florida
Posts: 5,553
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International GT Champion; Porsche GT3 Cup Trophy Champion; Klub Sport Challenge Champion; Rolex Vintage Endurance Series Champion; PCA Club Racing Champion; National Vintage Racing Champion |
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09-20-2021, 10:24 AM
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 55,899
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Quote:
__________________
Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa SOLD 2004 - gone but not forgotten
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09-20-2021, 10:25 AM
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Registered
Join Date: Jan 2002
Location: west michigan
Posts: 26,544
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I'm only holding one stock now...my utility dividend stock. It's up .02% as of right now.
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78 SC Targa Black....gone 84 Carrera Targa White 98 Honda Prelude 22 Honda Civic SI |
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09-20-2021, 10:30 AM
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Registered
Join Date: Jan 2012
Location: NW Ohio
Posts: 9,733
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At this point...grin, and bear it, it should come back.
Remember that TABS told us boyz this would happen ! |
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09-20-2021, 10:52 AM
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Registered
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Almost time to load up on TQQQ.
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-Mark B. Hardware Store Engineer 1988 911 - 3.6 1999 SL500 - Gone 1995 M3 - LS2 - Gone 1993 RS America - Gone |
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09-20-2021, 11:23 AM
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Registered ConfUser
Join Date: Aug 2006
Location: Waterlogged
Posts: 23,476
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Scheduled $20k from cash into market at COB today (mutual funds). Everything is on sale.
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Mike “I wouldn’t want to live under the conditions a person could get used to”. -My paternal grandmother having immigrated to America shortly before WWll. |
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09-20-2021, 11:25 AM
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Team California
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Denis The only thing remotely likable about Charlie Kirk was that he was a 1A guy. Think about that one. |
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09-20-2021, 11:29 AM
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Alter Ego Racing
Join Date: May 2002
Location: Florida
Posts: 5,553
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It can get worse but it will sure get better with time. Its buying season.
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International GT Champion; Porsche GT3 Cup Trophy Champion; Klub Sport Challenge Champion; Rolex Vintage Endurance Series Champion; PCA Club Racing Champion; National Vintage Racing Champion |
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09-20-2021, 11:48 AM
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Quote:
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-Mark B. Hardware Store Engineer 1988 911 - 3.6 1999 SL500 - Gone 1995 M3 - LS2 - Gone 1993 RS America - Gone |
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09-20-2021, 11:57 AM
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Registered
Join Date: Aug 2003
Location: SF Bay Area
Posts: 7,951
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09-20-2021, 12:05 PM
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Registered ConfUser
Join Date: Aug 2006
Location: Waterlogged
Posts: 23,476
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Quote:
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Mike “I wouldn’t want to live under the conditions a person could get used to”. -My paternal grandmother having immigrated to America shortly before WWll. |
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09-20-2021, 12:27 PM
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Registered
Join Date: Aug 2003
Location: SF Bay Area
Posts: 7,951
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Thank you but it’s scary though. Should be able to weather the bad market with what I’ve got in place.
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09-20-2021, 12:30 PM
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Registered
Join Date: Jun 2003
Location: Fresno, CA
Posts: 7,769
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Quote:
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09-20-2021, 01:06 PM
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 55,899
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Quote:
__________________
Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa SOLD 2004 - gone but not forgotten
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09-20-2021, 01:33 PM
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1983 Porsche 911sc Cabriolet 3.0
M3/LS2/T56/3.38
