Texas Proud
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 16, 2005
- Messages
- 17,383
I find it amazing how many people remember what it did to their portfolio...
I do remember the day as my best friend at the time was off that day... he kept calling me with updates on what was happening... IIRC, the big crash was very late in the day... he called and just stayed on the line giving me the ticker updates... (we could not look at anything online then)....
The only thing I remember is that my mom was not happy that at the end of the year she had a cap gain distribution from Fidelity Magellan which she had bought around March or April.... she could not believe she had to pay taxes when she had 'lost'... it took me a long time to explain why... and I think she never really got it.... but, she was happy she stayed invested... and still has money in there to this day....
I do remember the day as my best friend at the time was off that day... he kept calling me with updates on what was happening... IIRC, the big crash was very late in the day... he called and just stayed on the line giving me the ticker updates... (we could not look at anything online then)....
The only thing I remember is that my mom was not happy that at the end of the year she had a cap gain distribution from Fidelity Magellan which she had bought around March or April.... she could not believe she had to pay taxes when she had 'lost'... it took me a long time to explain why... and I think she never really got it.... but, she was happy she stayed invested... and still has money in there to this day....