Entire stock portfolio down 50% in one year

[Anonymous]

Anonymous wrote:Ived learned that stocks don't make sense and it's speculation and manipulation. If they made sense ask those companies should never do because it's tech and the future, and gm, big box stores should all be bankrupt and done. I don't trust the stock market, especially after seeing how walstreet bets proved them markets could be manipulated and had nothing to do with company earnings and growth

I guess it depends. I have 3 buckets.

1. Managed by a financial advisor
2. Managed by a robo advisor
3. "Play" stocks, where my only "index" is an ETF, which is QQQ

By FAR my Play money has not only become my largest account, it has performed the best. It has squashed out the S&P. What has helped is both DH and I are in tech sales. We live and breathe the industry. We see exactly where the technology is headed and put our money where the industry is going before the industry gets there. One exception was a large buy of XOM back in Spring of 2020 when the pandemic broke out and it was at $35. Buying that at a steal was plain common sense.

I wonder do people just read reddit and various forums and make decisions based on that? Or do you all try to understand industry trends and where your particular industry segment is going? It'd all about demand and how the world is changing and adapting.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How old are you guys? If you don't need the money in the next 5-10 years, you should be fine. Hopefully, the companies are solid.

Most important question by far.

30's

Arguably if some/most of this money is in retirement accounts this is a pointless conversation. OP you are in your 30s and while this chunk of money is making you uneasy right now retirement funds are for the long term, a very long term, it doesnt matter what happened in the last year. Your taking a short term view on a long term objective, ie goals vs measurement not aligned.

[Anonymous]

Has the market bottomed?

[Anonymous]

Anonymous wrote:Has the market bottomed?

Hmmmmm, my crystal ball must be cloudy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Has the market bottomed?

Hmmmmm, my crystal ball must be cloudy.

I really wish I knew.

I've lost money unfortunately (realized) and I will be using a robo-adviser going forward as I have lost confidence.

[Anonymous]

Anonymous wrote:Ok. Yah. Luckily we have 1.5mil equity in RE but I’m scared of what he’s done. Totally reckless. We are late 30’s, 2 kids. I told him I am taking over finances from this point forward. He won’t switch out the stocks he’s in now but from this point forward it’s going to be all conservative choices. Unfortunately he basically gambled away our 401k doing this.

You are in your 30's? Why are you panicking? You are plenty of time ahead. Don't be stupid. Trust your husband. Your portfolio may be down 50% but there is no reason to panic. Good individual tech stocks will outperform the market. Don't be stupid an put your money in conservative assets at such a young age.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ok. Yah. Luckily we have 1.5mil equity in RE but I’m scared of what he’s done. Totally reckless. We are late 30’s, 2 kids. I told him I am taking over finances from this point forward. He won’t switch out the stocks he’s in now but from this point forward it’s going to be all conservative choices. Unfortunately he basically gambled away our 401k doing this.

You are in your 30s, have 1.5m in real estate equity, and you're scared?

Also, he didn't gamble away your 401k. He lost 50% of the value, but it easily could rebound in the 20+ years you have until retirement.

Your husband is right about you. In fact, you may not be a fool, you may be a blithering idiot.

I bet all the men, who are statistically and biologically are more programmed to risk, are okay with this generally and it’s a bunch of low info women who are aghast. That’s a huge generalization, and I know I sound like a dck, but really it’s probably true.


It’s always part of the reason there is a salary imbalance between men and women. Men straight up advocate harder for themselves and take more risks.

Oh got it. They just make it happen because they are so cool and courageous. Pat yourself on the back a bit more (and ignore all of the social science evidence which proves that there is bias against women.)

It's also why men die 10x more often in the workplace than women. They take risky jobs like firefighter, police officer, oil well driller. We see no calls about the gender imbalance in these high-paying jobs. Women mostly don't want to take the risk.

+1

[Anonymous]

"Not a professional" here, but to help correct the portfolio, try to buy some Amazon, Google, Apple and Microsoft after earnings releases and what will surely be the ensuing gyrations and swings this week. Buy some airlines and Dow Company and these can help leverage the dogs that are unfortunately so low that they aren't a good thing to sell *right now.*

[Anonymous]

Wow your 10k is 5k who cares.

But if your one million is 500k big deal

How much we talking about

[Anonymous]

Don’t sell if you don’t need the money. Hold and buy low to bring your average cost down.