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How much did you lose today?
12-11-2007, 07:21 PM
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#1
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Recycles dryer sheets
Join Date: Dec 2007
Posts: 482
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How much did you lose today?
Today, Dec. 11, the S&P was down 2.5%. I usually do a Quicken update each day and was curious how much I lost on paper. Today it was in excess of 10K, a little more than 11K to be exact. So I was curious how others did today. I have some friends that I am sure lost more than I did. I also have friends that if they knew I lost more than 10K in one day would think I am crazy (these are the ones that spend everything they make). So how did you do? Do we have any 100K swings for the day?
__________________
Retire date Jan. 10, 2018
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12-11-2007, 07:28 PM
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#2
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Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
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I'll know in the morning.
Should make for an interesting blip on my charts.
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
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12-11-2007, 07:29 PM
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#3
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Full time employment: Posting here.
Join Date: Aug 2006
Posts: 564
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I lost around 7-8K.
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12-11-2007, 07:30 PM
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#4
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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I lost a lot but some days I gain a lot such is the stock market !
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12-11-2007, 07:31 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Nov 2006
Location: Bossier City
Posts: 2,183
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 Quote:
Originally Posted by Khan
I'll know in the morning.
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Same for me.
__________________
“Change is the law of life. And those who look only to the past or present are certain to miss the future.”
-John F. Kennedy
“Hard work never killed anybody, but why take a chance?” - Edgar Bergen
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12-11-2007, 07:40 PM
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#6
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Recycles dryer sheets
Join Date: Nov 2007
Posts: 75
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Within $200 of the amount I made yesterday. Once again thankful for my anti-dollar portfolio.
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12-11-2007, 07:48 PM
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#7
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Full time employment: Posting here.
Join Date: May 2007
Posts: 549
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Down in excess of $31K ....did I win something? 
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12-11-2007, 08:01 PM
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#8
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Full time employment: Posting here.
Join Date: Oct 2007
Posts: 642
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No idea. I only 'officially' check once per year before rebalancing, but I do ususally cheat and do a quick check every quarter or so.
As I'm still in the accumulation phase, I hope those down blips occur the day before my 401(k) contribution goes in.
__________________
"Making deliberate choices about how to spend your money and your time is the essence of making the most of your life energy." -Bill Perkins, Die With Zero
"I've traded love for pennies, sold my soul for less" -Jim Croce, Age
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12-11-2007, 08:12 PM
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#9
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Recycles dryer sheets
Join Date: Nov 2007
Posts: 170
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<sigh> I was the one who asked in another thread about whether to dollar cost average or lump sump my money that I'm getting from the escrow company. I had access to it today... hmm, today would have been a good day to invest! But of course, I didn't!
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12-11-2007, 08:26 PM
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#10
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Full time employment: Posting here.
Join Date: Jan 2007
Location: Southern Louisiana
Posts: 519
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I have to learn the art of "not looking at it" every day. I know this is a bad habit but right now I just can't seem to shake that.
I admire all of you guys that "ignore" what's going on in the market, just check quarterly, or yearly etc.
Gotta learn how to do that........anyway down 19K today but will probably get it back tomorrow! 
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12-11-2007, 08:44 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
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Down $18K today. Not my worse day ever though and by now I'm numb to the swings up and down, so it's just a number. I don't even need a drink anymore when stuff like this happens.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
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12-11-2007, 08:46 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Jul 2007
Posts: 2,487
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About 30k, but have been up that much some days...
R
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12-11-2007, 08:49 PM
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#13
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Recycles dryer sheets
Join Date: Nov 2007
Posts: 75
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Quote:
Originally Posted by retiringby50
<sigh> ... hmm, today would have been a good day to invest! But of course, I didn't!
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Judging by the looks of Asia tonight, you may get another chance tomorrow!
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12-11-2007, 09:06 PM
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#14
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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I "lost" about 5K today. Company stock dropped 5% today which didn't help.
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12-11-2007, 09:07 PM
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#15
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,072
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Didn't look. Not planning to tomorrow.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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12-11-2007, 09:11 PM
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#16
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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About $7,000 on paper. But I don't pay the bills with paper gains and losses.
Funny thing is, I knew the Fed was supposed to announce at 2:15 PM Eastern time. So at that time I logged on to my Schwab account and kept refreshing the quote on SPY. It went from up 60 cents to up 20 cents to down 10 cents to down 60 cents to down $1.20 to down $2.00 and then some, which told me what the Fed did before I could find the news anywhere.
For most long-term investors, it's noise.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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12-11-2007, 09:13 PM
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#17
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Full time employment: Posting here.
Join Date: Nov 2005
Posts: 655
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I keep track of my portfolio at Morningstar (50% bonds/50% Stocks). With bonds doing very well today, my portfolio decreased by only 0.90%.
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12-11-2007, 09:21 PM
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#18
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Recycles dryer sheets
Join Date: Aug 2005
Posts: 193
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Lost $4K today. My portfolio contains about 13% stock mutual funds.
__________________
Retired in 2001 at age 49.
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12-11-2007, 09:40 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,228
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Quote:
Originally Posted by TickTock
No idea.
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Quote:
Originally Posted by Dawg52
Didn't look. Not planning to tomorrow.
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Quote:
Originally Posted by ziggy29
For most long-term investors, it's noise.
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It goes up....it goes down....it goes up....it goes down....like a roller coaster. It'll all work out in the end, and that's what's important. Not looking at the daily fluctuations is a hard thing to do at first.....but it CAN be accomplished with practice. 
Quote:
Originally Posted by dessert
I have to learn the art of "not looking at it" every day. I know this is a bad habit but right now I just can't seem to shake that.
I admire all of you guys that "ignore" what's going on in the market, just check quarterly, or yearly etc.
Gotta learn how to do that........
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Instead of looking to see what your stocks are doing, click on the "Solitaire" icon and play a game...then go back to what you were doing before you thought about getting a stock quote! 
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12-11-2007, 09:41 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Location: Los Angeles area
Posts: 1,708
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Down $144k today - REIT heavy at the moment, always 100% individual stocks. Looks like
I am winning so far, but no sweat. GE raised dividend 11% as expected, no change to
fundamentals. I have had a lot of $30k - $80k daily swings in the last few months, mostly
cancelling each other out. Since I live on the dividends, I see today as a non-event. Now
if GE / JNJ / PG / KIM / GGP / VNO / WRE start cutting dividends (or show signs of
doing so), then I will be concerned.
__________________
learn, work, save, invest, fire
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