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Message
Bye bye life savings
Posted on 6/18/22 at 5:02 pm
Posted on 6/18/22 at 5:02 pm
I’m down like 30%
Posted on 6/18/22 at 5:14 pm to lsuoilengr
Its only gone if you sold/sell or the Great Reset happens.
Posted on 6/18/22 at 5:15 pm to lsuoilengr
quote:company stock should be popping right now
lsuoilengr
Posted on 6/18/22 at 5:21 pm to GREENHEAD22
If he would have sold at the top he would have paid about that in taxes anyway.
Posted on 6/18/22 at 6:52 pm to lsuoilengr
I’m buying more shares with my current contributions than I was in January. I am not retiring for another 15+ years
Time to up contributions…..
Time to up contributions…..
Posted on 6/18/22 at 7:09 pm to lsuoilengr
RIP $2,500
Posted on 6/18/22 at 7:23 pm to tigeraddict
quote:
time to up contributions
If you can afford to, absolutely.
Real companies. Who provide real goods and/or services.
I'm doing same.
Posted on 6/18/22 at 8:40 pm to cable
quote:
If he would have sold at the top he would have paid about that in taxes anyway.
Not if like most of us it was within a 401k or IRA, you can sell and hold cash, only withdrawals are subject to taxes.
Posted on 6/18/22 at 9:36 pm to Privateer 2007
Extremely risky with Sleepy Joe at the helm.
Posted on 6/19/22 at 1:04 am to GREENHEAD22
THE GREAT RESET
Posted on 6/19/22 at 6:44 am to lsuoilengr
quote:Sorry.
I’m down like 30%
Hang on if you can. Rough times, but it will bounce.
Unique times with mature portfolios having such little fixed-income presence. Volatility can be awfully painful in retirement holdings.
Posted on 6/19/22 at 7:00 am to tigeraddict
quote:
Time to up contributions…..
Everyone should be doing this.
Posted on 6/19/22 at 7:50 am to Jake009
Not a conspiracy anymore, funny how many of those from even 5 years ago have proven true.
Posted on 6/19/22 at 10:23 am to Catchfalaya
Money is made no matter who is running the country.
Posted on 6/19/22 at 10:47 am to lsuoilengr
1. Sounds like you still have 70% of what you had at the peak
2. Unless your "life savings" has been accumulating for less than a decade or so, you should still have far more than you put in, unless your "investments" have been almost intentionally bad
3. As long as you don't sell, you haven't lost anything
Assuming your investments haven't been intentionally bad (see: point 2), just stay the course. This, too, shall pass.
2. Unless your "life savings" has been accumulating for less than a decade or so, you should still have far more than you put in, unless your "investments" have been almost intentionally bad
3. As long as you don't sell, you haven't lost anything
Assuming your investments haven't been intentionally bad (see: point 2), just stay the course. This, too, shall pass.
This post was edited on 6/19/22 at 10:48 am
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