Coffeehouse for desis
Would you like to react to this message? Create an account in a few clicks or log in to continue.


$110K loss in Stocks in 7 days!

3 posters

Coffeehouse for desis :: Coffeehouse :: Finance

Go down

$110K loss in Stocks in 7 days! Empty $110K loss in Stocks in 7 days!

Post by TruthSeeker Wed Aug 26, 2015 11:15 pm

Older you get, more U are invested.

More Ure invested, more the loss or gain.

I have numerous accounts, but I started tracking all accounts at one place last year at personalcapital.com

Good or bad, it shows U the complete picture.

I need to rethink, now that I know whats happening.

How do U react to such a market in your 40s or 50s?

TIA,
TS.

TruthSeeker

Posts : 1508
Join date : 2012-08-18

Back to top Go down

$110K loss in Stocks in 7 days! Empty Re: $110K loss in Stocks in 7 days!

Post by Propagandhi711 Thu Aug 27, 2015 8:47 am

in your 40s, you drink your sorrows away.

in your 50s, do the same but a little earlier in the day

Propagandhi711

Posts : 6941
Join date : 2011-04-29

Back to top Go down

$110K loss in Stocks in 7 days! Empty Re: $110K loss in Stocks in 7 days!

Post by b_A Thu Aug 27, 2015 9:47 am

If you didn't sell into the panic , it may be just a paper loss . Unless you are tied up in BABA kind of overhyped stocks. The US economy is doing well so much so that Fed may hike the interest rates. Even the China economy is not in such a bad shape yet. Only their stock market bubble has popped and their govt actions since then have exacerbated the fall.
My expectation is for a V shaped recovery of US stock market and you may even get a new high in two months. Take this free advice for what it is worth.

b_A

Posts : 1642
Join date : 2011-05-08

Back to top Go down

$110K loss in Stocks in 7 days! Empty Re: $110K loss in Stocks in 7 days!

Post by TruthSeeker Thu Aug 27, 2015 10:14 pm

@Propa - :-)) 

@Bank of America? b_A :-) - Of course its all paper loss. I have always been a "buy for forever" kinda investor, mostly because I have focussed on buy, and never on sell. Why sell, if you believe in the stock and it pays you dividends? But now, I wonder if I should start putting a stop-loss sell order each time I buy something?

There are times in stock market, when selling is as much important, than holding. I cannot figure out this hold vs. sell part yet.

Buy low, sell high. I hardly aim to time the market. I buy at good prices, but I never sell at good. End up keeping. Does not seem right.

TIA,
TS.

TruthSeeker

Posts : 1508
Join date : 2012-08-18

Back to top Go down

$110K loss in Stocks in 7 days! Empty Re: $110K loss in Stocks in 7 days!

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top

- Similar topics

Coffeehouse for desis :: Coffeehouse :: Finance

 
Permissions in this forum:
You cannot reply to topics in this forum