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re: Taking a bath today

Posted on 5/11/21 at 12:19 pm to
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 5/11/21 at 12:19 pm to
Probably because you don’t want anyone to know much money you lost today
Posted by el Gaucho
He/They
Member since Dec 2010
58515 posts
Posted on 5/11/21 at 12:22 pm to
Fellas if you’re feeling down cmon over and join us at tawnf

Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 5/11/21 at 12:27 pm to
How can I put “much money” in markets that I don’t trust?

I now only have fun money in these markets, that if my securities went to zero, I could care less.

It’s still fun trying to beat and time these zany markets but I don’t trust em’ enough to have much in them. I trust tangible items that I can defend, not claims on my SCHW acct.
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 5/11/21 at 12:32 pm to
All my stocks are up today and the Dow is down 600
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 5/11/21 at 12:35 pm to
Nice! Congrats! Well done.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19418 posts
Posted on 5/11/21 at 12:37 pm to
quote:

All my stocks are up today

Posted by Fe_Mike
Member since Jul 2015
3702 posts
Posted on 5/11/21 at 12:46 pm to
I’m getting smoked, brokerage portfolio down 4%. Ready to get out of the tub...I think I’m clean enough.
Posted by ldts
Member since Aug 2015
2871 posts
Posted on 5/11/21 at 1:03 pm to
quote:

I’m getting smoked, brokerage portfolio down 4%.

Yikes, that's painful. I was down 2% earlier, but just hit green for the day (by about $5).
Posted by Nonetheless
MAGA
Member since Jan 2012
34352 posts
Posted on 5/11/21 at 1:06 pm to
Thanks Obama
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79292 posts
Posted on 5/11/21 at 1:09 pm to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35858 posts
Posted on 5/11/21 at 1:22 pm to
quote:

I now only have fun money in these markets, that if my securities went to zero, I could care less.



So you're putting your money to work for you how, exactly?
Posted by NOSHAU
Member since Feb 2012
13490 posts
Posted on 5/11/21 at 2:42 pm to
quote:

How can I put “much money” in markets that I don’t trust?

I now only have fun money in these markets, that if my securities went to zero, I could care less.

It’s still fun trying to beat and time these zany markets but I don’t trust em’ enough to have much in them. I trust tangible items that I can defend, not claims on my SCHW acct.


If you only have "fun money" in the markets, where do you put your "need" money (i.e. retirement accounts)
Posted by LSUguerilla
Baton Rouge
Member since Oct 2003
608 posts
Posted on 5/11/21 at 2:44 pm to
yesterday I lost 4%, woke up down another 3% but swung up 5% so now up 2% on day, F this market.
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 5/11/21 at 2:48 pm to
A very odd day where the indices are down more than most individual stocks I watch, usually it's the opposite.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 5/11/21 at 4:09 pm to
It’s the constant doom and gloom negative messaging coming from the stiff in chief and all his minions. Cost people tens of thousands
Posted by GhostofJackson
Speedy Teflon Wizard
Member since Nov 2009
7062 posts
Posted on 5/11/21 at 4:27 pm to
I'm heavy in tech/EV. You guys don't know pain until you go look at how much tech has dropped since Feb 20th or do haha.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15836 posts
Posted on 5/11/21 at 4:40 pm to
quote:

You guys don't know pain until you go look at how much tech has dropped since Feb 20th or do haha.


I feel your pain on this. Nasdaq still near all-time highs but most of my tech is poop
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 5/11/21 at 4:47 pm to
I was a part of it. Was done playing games
Posted by GhostofJackson
Speedy Teflon Wizard
Member since Nov 2009
7062 posts
Posted on 5/11/21 at 4:50 pm to
My portfolio is down about 25% from mid Feb but I think most of my stocks are strong long term plays and I'm not worried too much about it unless something outside the realm of finance affects the markets.

Also, I'd rather risk losing value while owning a stock than having my money in the bank right now as the value of the dollar is going to plummet. Good news is that most other countries value is going to plummet too. The IMF will get their wish for a global currency soon and it may be a crypto stable dollar. The USD is trashed.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 5/11/21 at 5:00 pm to
Yea, I just have no confidence whatsoever with the Biden admin. Confidence level is pretty close to zero now, which was the exact opposite of when trump was in office. You never know when these frickers will drop some insane shite day to day

I’m just trying to forget the losses and start over with a solid base. Work from there
This post was edited on 5/11/21 at 5:01 pm
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