Team Adam's Posted October 29, 2008 Share Posted October 29, 2008 As of today: $-1,258.60 That's life! No worries, the companies I've invested in aren't going anywhere and can only get better! Link to comment Share on other sites More sharing options...
GerryC Posted October 29, 2008 Share Posted October 29, 2008 Most of my stuff went up 10-12% today but overall I'm still down about 25%. However, like you, the majority of my investments are in companies that aren't in jeopardy; they're only being influenced by the overall performance of the market. I used the past two weeks of insanely low prices to stock up on some real bargains and lower my price points. Now it's just a matter of waiting. The dow reclaimed 9,000 today, hopefully it'll stay above that now Link to comment Share on other sites More sharing options...
Team Adam's Posted October 29, 2008 Author Share Posted October 29, 2008 Exactly what I did. I lowered my cost per share by buying more of the same stock last week. Link to comment Share on other sites More sharing options...
Tom in Tacoma Posted October 29, 2008 Share Posted October 29, 2008 I don't invest in stocks directly but my 401k is down over 18% this year. Ouch! Link to comment Share on other sites More sharing options...
mikegeaney Posted November 1, 2008 Share Posted November 1, 2008 I wish I had numbers like some of you posted. My 401(k) is down over 40%, my brokerage account is down about 35%, my kids 529 plans (college savings account) are down over 20%, and the value of my home has gone down about $100k in the past year! This is the worst economic time that I have ever seen in my professional career. For those of you that down have an MBA and/or work for a Financial Services firm I would suggest reading the book "One Up on Wall Street" by a gentleman named Peter Lynch. This book explains the fundamentals of the various financial markets, as well as investing in general, in a way that anyone can understand. Link to comment Share on other sites More sharing options...
Bill-V8V Posted November 2, 2008 Share Posted November 2, 2008 Can I borrow your copy ? Link to comment Share on other sites More sharing options...
mikegeaney Posted November 2, 2008 Share Posted November 2, 2008 You bet. I'll inter-office it over to you. Link to comment Share on other sites More sharing options...
Bill-V8V Posted November 2, 2008 Share Posted November 2, 2008 Can you send me some money to invest too ? Link to comment Share on other sites More sharing options...
Team Adam's Posted November 7, 2008 Author Share Posted November 7, 2008 Down almost $300 in one day... so much for making double payments on my truck! Link to comment Share on other sites More sharing options...
TheDieselGarage.com Posted November 7, 2008 Share Posted November 7, 2008 $0 - I don't do the stock market, try to keep with what I know. Although there are a few companies out there that are looking very appealing. Link to comment Share on other sites More sharing options...
jub jub Posted November 7, 2008 Share Posted November 7, 2008 I've lost about a third of my 401 in the last month. Very depressing. Link to comment Share on other sites More sharing options...
fkumro Posted November 13, 2008 Share Posted November 13, 2008 my 401k is down 30.1% Link to comment Share on other sites More sharing options...
Team Adam's Posted November 13, 2008 Author Share Posted November 13, 2008 I'm down 30% on my stocks. Link to comment Share on other sites More sharing options...
Bill-V8V Posted November 13, 2008 Share Posted November 13, 2008 I'm afraid to look :eek: Link to comment Share on other sites More sharing options...
Team Adam's Posted November 13, 2008 Author Share Posted November 13, 2008 I'm afraid to look :eek: You need to stay educated on your investment's value but honestly this will all turn around. I'm buying more stock while it's low. Link to comment Share on other sites More sharing options...
Bill-V8V Posted November 13, 2008 Share Posted November 13, 2008 I have someone much smarter than me taking care of that. At least I really really hope they are much smarter than me But then again that's not saying much Link to comment Share on other sites More sharing options...
08G8V8 Posted November 13, 2008 Share Posted November 13, 2008 I'm afraid to look :eek: I'm sick of looking! Link to comment Share on other sites More sharing options...
Nitelord Posted November 13, 2008 Share Posted November 13, 2008 No worries. I'm letting it ride. It will either turn around in another year or two, or I'll look for another avenue of investment.. Link to comment Share on other sites More sharing options...
fkumro Posted November 13, 2008 Share Posted November 13, 2008 I would love to get into the market when the prices are so low but all my extra cash is going towards a house. Oh well, hope it rebounds for my 401k so I can retire some day Link to comment Share on other sites More sharing options...
70'sChevyGirl Posted November 13, 2008 Share Posted November 13, 2008 I have someone much smarter than me taking care of that. Me too!! I am told I lost nothing and my investments are on a straight line right now. I have some sort of annuities. I lost alot of money when 9/11 happened and then I moved it. I'm doing alright compared to others. -30% has to hurt!! OUCH!! Link to comment Share on other sites More sharing options...
jjwvette Posted November 16, 2008 Share Posted November 16, 2008 I'm not even going to take a look Link to comment Share on other sites More sharing options...
Rich427 Posted November 16, 2008 Share Posted November 16, 2008 My portfolio is down around 25%, but if it does not turn around in the next couple of years I guess the wife will have to get a job. Poor girl. Rich Link to comment Share on other sites More sharing options...
Team Adam's Posted November 18, 2008 Author Share Posted November 18, 2008 Down 34%. Not worried - I bought companies that can't go bankrupt and with the government bail outs I don't think anyone is in jeopardy any longer. Link to comment Share on other sites More sharing options...
seibert1814 Posted November 18, 2008 Share Posted November 18, 2008 Down 34%. Not worried - I bought companies that can't go bankrupt and with the government bail outs I don't think anyone is in jeopardy any longer. If you are under 40 years of age (and I know you are) be bold; be daring; everything is on sale. You have plenty of time to take the risks that are often associated with HUGE gains in the long run...... Link to comment Share on other sites More sharing options...
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