gk10002000 Posted March 18, 2020 Share Posted March 18, 2020 How is your portfolio doing? I have a relatively conservative portfolio where I invested for dividends and interest. However, my NLY and AGNC REIT stocks are down almost 50%. Across the board, my total portfolio on paper is down $-229,000! A few weeks ago it was worth 1.2 Million! Luckily I have no need to cash out as I am still working, will have plenty of passive income, etc. So as far as panic selling I don't have to sell low. But man, I never thought I would experience a 20% drop in a few weeks. I hold a lot of ATT (T) and that has gone down, but I added a few hundred shares on this big drop because I am sure the company is solvent and I love the dividend. Link to comment
JimmyTheMook Posted March 18, 2020 Share Posted March 18, 2020 Smart money cashed out a few weeks ago. FYI: I'll double it again on the rebound. Link to comment
Puchaiyank Posted March 18, 2020 Share Posted March 18, 2020 Cashed out 4th qtr last year...invested now in real estate... Link to comment
Popular Post Gumballl Posted March 18, 2020 Popular Post Share Posted March 18, 2020 Kinda late to worry about the drop in value of investments. My advice is to ignore the news, keep working/investing, and hope for a rosy future. Btw, investments will mean squat in the near future when an asteroid strikes the Earth. Talk about the sky falling! 3 Link to comment
saengd Posted March 18, 2020 Share Posted March 18, 2020 I hold mostly funds spread globally, managed by 5 star managers, on average I'm down 11% although UK smaller companies is down 24%. Am happy to sit and wait and am looking for bottom but I can't even begin to see it yet, I know exactly what I'm going to buy when I do. Link to comment
cmarshall Posted March 18, 2020 Share Posted March 18, 2020 If the crisis is over in a few months a v-shaped recovery is possible. If it goes for two years, maybe not. 1 Link to comment
Langsuan Man Posted March 19, 2020 Share Posted March 19, 2020 Got my RMD out as soon as the new year dawned. Locked in full gains for the year, now have a full year for it to recover. No forecast on the market, just dumb luck Link to comment
bkk6060 Posted March 19, 2020 Share Posted March 19, 2020 Thanks OP for honestly. I am down also but not worried have plenty of assets. This is the time where many will falsely say: "I got out months ago." Trying to make you think they are so smart and knew all this was coming. Oh, then they will say they got in the day the market turns. Haha. Sure.. 1 Link to comment
Why Me Posted March 19, 2020 Share Posted March 19, 2020 (edited) I have everything in a total market US stock index fund so from cigar-chomping 1.5 millionaire now to my nose barely above 1 mil and rediscovering the joys of the 7/11 fridge. 25% gone in the blink of an eye. But I've seen this before, 2001, 2008. It'll come back. I'm sure it will. Yes. It will. Please. Yes. Yes, it will. It must. I need to rest. Be back. Edited March 19, 2020 by Why Me 2 Link to comment
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now