How much did you lose today?

[Anonymous]

Anonymous wrote:None because I didn't sell

Right? Lose compared to what point in time, OP?

[Anonymous]

Market will recover. What worried me more than the drop is how skittish market is at the moment. Feel like a correction is just around the corner.

[Anonymous]

Anonymous wrote:Market will recover. What worried me more than the drop is how skittish market is at the moment. Feel like a correction is just around the corner.

Yes. It's clear we are in a massive AI bubble and things are starting to feel pretty rickety. I'm sitting out from buying until SpaceX, Anthropic, and OpenAI have their IPOs. Expecting a lot of volatility. Their valuations are ridiculous. More than 2 trillion just for these three companies. We'll see what happens after the AI company founders and investment firms have cashed in.

[Anonymous]

Anonymous wrote:

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.

Ah ok, thanks for explaining a little more. Appreciate it.

[Anonymous]

I check my investments once a year and to achieve my goals I need 3% real return. And if that doesn't happen then oh well.

I don't understand this idea of "losing" money. This is what you signed up for when you invested in stocks.

[Anonymous]

Anonymous wrote:I'll start: $137,644.

$69420

[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.

stalk? perhaps your relationship with your parents isn't that strong or open.

they ask us to oversee their portfolio (all mutual funds). why would they want to think about
investing when they are 75 years old - if they can go just enjoy themselves.

[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.

it's kind of strange that is the first thing someone thinks of. what a wierdo.

yes, we help them with asset allocation so they don't need to worry about it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'll start: $137,644.

$69420

i like this number!

[Anonymous]

I'm not a day trader. Once in awhile I trim a position when I think my portfolio is out of balance. Went 5 years without selling anything once. So, didn't lose anything. I think overall my portfolio is up 37 percent from this time 2 years ago. So, the day doesn't matter.

[Anonymous]

I’m sure a lot but I don’t need the exact number to know it was a bad day.

[Anonymous]

A few months ago, I dumped most things and went very conservative. I am wealthy and did not want to risk losing the significant gains I’d made.

No regrets!

[Anonymous]

Anonymous wrote:

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.

NP I do!

[Anonymous]

Anonymous wrote:Market is reacting to the news that big AI companies and Space X won’t automatically be given preferential entry into SandP 500 and all the automatic index buyers there. Also a strong labor market report might mean the Fed could raise interest rates.

Not a big deal. Companies are still making money hand over fist.

They’re reacting to not interest rate cuts coming, too because of the completely real and trustworthy jobs report that came out. Also, I think we are just getting to a point where $15.99 hamburgers and $5.00 gas are biting into people’s discretionary spending habits.

Oh well, Trump just said he is going to allow the gov to invest in AI companies, so I am sure the tech rally will continue on Monday for a bit longer.

For the record, I’ve got a bunch of GOOG, SOXQ, and other tech stuff. I’m not sure whether to sell it all for a bit and throw it in SGOV then wait for a crash and buy more stocks with the money, but I suck at market timing and the crash could come in two years and not 2 months.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Market will recover. What worried me more than the drop is how skittish market is at the moment. Feel like a correction is just around the corner.

Yes. It's clear we are in a massive AI bubble and things are starting to feel pretty rickety. I'm sitting out from buying until SpaceX, Anthropic, and OpenAI have their IPOs. Expecting a lot of volatility. Their valuations are ridiculous. More than 2 trillion just for these three companies. We'll see what happens after the AI company founders and investment firms have cashed in.

Yeah it feels like a crash will come after those IPOs once market makers are ready to dump it all on retail.