How much did you lose today?

[Anonymous]

I’m still so much higher than I was in the fall, when I last took a close look, that these dips here and there hardly matter. What’s the point, OP?

[Anonymous]

250k. One set of parents 325k and other set of parents 200k.

[Anonymous]

Anonymous wrote:250k. One set of parents 325k and other set of parents 200k.

You both stalk your parents' finances? You're even weirder than OP.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Nothing. Used some spare cash to buy the dip. Drop was based on the good news that there won’t be preferential treatment into indexes for upcoming IPOs.

Funny how counterintuitive the market can be sometimes. People will now think about it over the weekend and say no big deal and everything will start to move back up.

Oh please. Unless you weren't invested in anything until yesterday you lost something.

No, value of portfolio (inflation adjusted) far exceeds money invested. Actual dollar value of portfolio a smidge lower at the end of the day but not anything I will lose sleep over. In my late 60s have sequence of return risk covered for over half a decade so take advantage of irrational dips now and then.

[Anonymous]

Anonymous wrote:

Anonymous wrote:250k. One set of parents 325k and other set of parents 200k.

You both stalk your parents' finances? You're even weirder than OP.

That's where you go to first? They're probably managing their parents investments fool.

[Anonymous]

Can you explain this "have sequence of return risk covered for over half a decade so take advantage of irrational dips now and then." ?

What does this mean, like what steps or actions did you take. Im wanting to learn, so honestly asking for input.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:250k. One set of parents 325k and other set of parents 200k.

You both stalk your parents' finances? You're even weirder than OP.

That's where you go to first? They're probably managing their parents investments fool.

who manages the investments of both sets of parents? bullshit.

[Anonymous]

Anonymous wrote:Can you explain this "have sequence of return risk covered for over half a decade so take advantage of irrational dips now and then." ?

What does this mean, like what steps or actions did you take. Im wanting to learn, so honestly asking for input.

it's a lot of words that mean nothing. if that poster has a portfolio that includes investments in stocks and/or index posters, that poster isn't immune from what happened yesterday. yesterday, in isolation, that poster lost money just like everybody else.

[Anonymous]

*index funds

[Anonymous]

I manage a huge portfolio for work. That portfolio lost 400K. I'm not looking at mine.

[Anonymous]

Anonymous wrote:I manage a huge portfolio for work. That portfolio lost 400K. I'm not looking at mine.

Better to say the portfolio dropped 400k in value. It's not lost as it could easily rebound Monday, which it probably will. Lost typically means gone forever. If you'd sold then yes, you lost money. But if you didn't, it's just a drop in value, likewise when it goes up it's a gain in value.

[Anonymous]

Anonymous wrote:Can you explain this "have sequence of return risk covered for over half a decade so take advantage of irrational dips now and then." ?

What does this mean, like what steps or actions did you take. Im wanting to learn, so honestly asking for input.

I have sufficient cash holdings to cover 61/2 years of expenses in retirement. So if the market were to drop when I retire in 2 years I won’t have to sell any stocks to cover expenses giving me the luxury of giving the market over half a decade to recover before needing to sell any stocks to cover future expenses in retirement.

Effectively insulated from significant market downturn at or near retirement. Yes, I give up potential gains by having a higher portion of my portfolio in cash equivalents but in the end I will still have more money at the end of retirement that I will have at the beginning of retirement. Just how compounding works, I started saving early at a certain point compounding just takes over and carries the day.

[Anonymous]

$80K.

[Anonymous]

Anonymous wrote:

Anonymous wrote:250k. One set of parents 325k and other set of parents 200k.

You both stalk your parents' finances? You're even weirder than OP.

We manage their retirement assets for them (all mutual funds)

[Anonymous]

Anonymous wrote:I manage a huge portfolio for work. That portfolio lost 400K. I'm not looking at mine.

either you are amazing (only losing 400k) or you don't manage a huge portfolio.