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View Poll Results: What was the damage to your portfolio.
What damage? I gained some. 11 6.21%
-1% 18 10.17%
-2% 56 31.64%
-3% 63 35.59%
-4% 13 7.34%
-5% 4 2.26%
-6% or more 2 1.13%
I don't like this poll, I won't vote. 10 5.65%
Voters: 177. You may not vote on this poll

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Re: Feb 27 damage
Old 02-27-2007, 07:42 PM   #41
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Re: Feb 27 damage

I'm down $20,565 today.

At one point a $1,000 hit would have bothered me, but for some reason the hit today doesn't phase me at all.

I'm still playing with the house's money.
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Re: Feb 27 damage
Old 02-27-2007, 07:44 PM   #42
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Re: Feb 27 damage

I do not know exactly because I only record net worth and balances at year-end. But my funds were down on average about 3.5%. This probably puts me even for the year. While the dollar loss is frightening, about 15 years ago what I lost today would have been about all the money I had, so it is all perspective. I have never sold anything, even in the depths of 2000-2002, so while I do not like the drops, it does not affect what I do.
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Re: Feb 27 damage
Old 02-27-2007, 07:48 PM   #43
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Re: Feb 27 damage

Down 1.5%. Bonds neutral, stocks down, puts up but not enough to fully offset decline as some were pretty far out-of-the-money.

If it continues (over Paulsen's dead body I would imagine) the puts will be a larger positive factor.

Ha
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Re: Feb 27 damage
Old 02-27-2007, 08:08 PM   #44
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Re: Feb 27 damage

I didn't look at what I was down today. But I was buying like crazy all day. Let's see how smart I am tomorrow.
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Re: Feb 27 damage
Old 02-27-2007, 08:26 PM   #45
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Re: Feb 27 damage

I only update my spreadsheet that calculates overal gains and losses once a month. Since I'm going out of town for a few days and all the excitement today I have updated and I am up 1.43% on the year. Not sure and don't much care about the 1 day loss. But from the total figure I remember seeing a few days ago last time I looked I would estimate a drop of approx 1.5%. I say a drop rather than the word "damage" since the damage only occurs when you actually sell.
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Re: Feb 27 damage
Old 02-27-2007, 08:31 PM   #46
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Re: Feb 27 damage

Quote:
Originally Posted by DanTien
Heard that Suze Orman will be going on Larry King tonight to calm the trembling masses of investors!
"Pillow lips" was on NBC news tonight. I feel much calmer now.
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Re: Feb 27 damage
Old 02-27-2007, 08:38 PM   #47
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Re: Feb 27 damage

-0.6%
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Re: Feb 27 damage
Old 02-27-2007, 08:51 PM   #48
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Re: Feb 27 damage

down 1.25% today, YTD is 1.1%.
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Re: Feb 27 damage
Old 02-27-2007, 08:57 PM   #49
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Re: Feb 27 damage

Quote:
Originally Posted by Poundkey
I'm still only 50% stocks..... so 3% of that? The nice thing is I've had 25% in MM waiting for for things to pull back. Not trying to time the market......just needing to increase my stock portion, but not wanting to buy until a more appropriate time.
Are you ready to buy now? If not, are you anticipating further decline?
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Re: Feb 27 damage
Old 02-27-2007, 09:08 PM   #50
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Re: Feb 27 damage

Since I am relatively new to the market and lump summed company stock options in December this is my first real test of my ability to be a solid "buy and hold" investor. I took a 3% hit today in excess of $25,000 and didn't like it one bit. You seasoned investors offer words of encouragment but for us newer investors...damn this hurts. If this keeps up I'm going to be playing with my money eventually and then I'll see how tough I am.
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Re: Feb 27 damage
Old 02-27-2007, 09:16 PM   #51
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Re: Feb 27 damage

Still haven't gotten all my totals in yet, but about 80% of my accounts are updated. I figure I'm down about 2.7% so far. So I'm still guessing once my two 401k's update in the morning I'll be down about 3.5%.
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Re: Feb 27 damage
Old 02-27-2007, 09:19 PM   #52
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Re: Feb 27 damage

Quote:
Originally Posted by firedude
I took a 3% hit today in excess of $25,000 and didn't like it one bit.
If this day really bothers you, you may want to adjust your exposure to equities.
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Re: Feb 27 damage
Old 02-27-2007, 09:21 PM   #53
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Re: Feb 27 damage

Quote:
Originally Posted by firedude
You seasoned investors offer words of encouragment but for us newer investors...damn this hurts. If this keeps up I'm going to be playing with my money eventually and then I'll see how tough I am.
Firedude, if you do one thing because of this board, please do not sell. $10,000 invested in the stock market in 1926 over 80 years would be worth over $25 million now (I read this in a book) or the same amount would have grown to $1,431,800 over the 50 years from 1955-2005 as reported in Fidelity’s Stages magazine last year. There have always been dips, corrections, and outright big declines, but there has never been a time in US history when after a decline that the stock market has not come back and than some. The money is always "safe" in the bank--it just hardly grows!
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Re: Feb 27 damage
Old 02-27-2007, 09:22 PM   #54
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Re: Feb 27 damage

Dumb luck - neutral. This was the week I rolled over my largest IRA from Alliance to Vanguard. The check was cut on 2/20, mailed on 2/23, not credited yet per vanguard.

Looks like I'll ride this one out off the table. When it credits I'll re-allocate it according to plan, probably at a bargain price.

I'm paying close attention: wouldn't want to have to worry about days like this after FIRE. Plenty of cash for me when the time comes.
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Re: Feb 27 damage
Old 02-27-2007, 09:24 PM   #55
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Re: Feb 27 damage

Oh Rich!

You may be so lucky with this timing. My accounts peaked on 2/20. If you're able to reinvest after today - that's sweet!

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Re: Feb 27 damage
Old 02-27-2007, 09:41 PM   #56
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Re: Feb 27 damage

Looks like I took it for 3.428% today. Funny, even with this big of a hit, I'm not really phased. I started investing last year, and threw all my cash into the market right before the big dip in May. That really helped me get used to the idea of buying on the way down, and I ended up stronger for it.

This year will be no different. I've got 4k (a lot for me!) ready to invest later this week. This dip just means I am getting it all on sale
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Re: Feb 27 damage
Old 02-27-2007, 09:48 PM   #57
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Re: Feb 27 damage

Down 1.38% today, still remain up 1.6% YTD.
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Re: Feb 27 damage
Old 02-27-2007, 10:31 PM   #58
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Re: Feb 27 damage

I'm down 2.6% approx.....But am still up for the year - let alone last.

I am gonna watch closely and if this slide continues I will take some money off the sidelines to get a bargain - I feel my "huevos" throbbing! Gotta stay strong and play the hand delt.

This is money I don't have to touch for years if necessary-could be an opportunity.

Pretty exciting stuff..............

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Re: Feb 27 damage
Old 02-27-2007, 10:40 PM   #59
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Re: Feb 27 damage

Quote:
Originally Posted by justin
Not sure yet, but I'm guessing I'll have my first "five digit loss" day. Guess that's going to set back the FIRE date 2.3452 months!
I think I just had my first five digit loss day. No problem.

I can remember back to my first four digit loss day around 1992 or 93. I remember thinking, "I'm sure this won't be the last time I lose over 1,000 in a day." Now I lose or gain that much on a slow day. I guess I should look forward to the day when I gain or lose 100,000+ on a slow day.
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Re: Feb 27 damage
Old 02-27-2007, 11:16 PM   #60
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Re: Feb 27 damage

Quote:
Originally Posted by Sam
I'm sure someone on this board see 6 digits today. Ouch!
Hellooooooooo! Well, I'm pretty agressively positioned for an old retired guy!
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