Ask Lemmy

I lost zero because the number going down doesn’t equal the value going down. You only lose if you panic sell.

I haven't sold, so none. I'm going to buy a bit more. Even if it goes down I can still get dividends and borrow against it rather than selling if i need

Nothing because I haven't sold anything and aren't planning to either. I hold and keep buying more. Just like I did thru the previous dips.

I decided to adult and buy a few stocks. So far I've lost six hundred dollars.

Yes that doesn't seem like a lot but I've never invested before and I'm not exactly rich.

Haven't checked my retirement because I've never expected to be able to retire in this country. I will work till I die. Yay, American dream! 🙁

I lost everything long before this, sadly. Didn't even have money to start rebuilding before the tariffs nonsense.

It all feels insurmountable. Like it was going to be hard to build it all back, but now, with the tariffs? Just feels pointless.

The number of times I cry because it took me until I was nearly forty to own a bed of my own, and to just be a few years past forty and back down to basically nothing and sleeping on a 15+ year old mattress that isn't even mine that hurts my back every night is too damn high.

I never had much, all told it was all worth maybe $2000, but it's all gone now. It all feels so petty but it was mine, the few things I had were mine, and I took good care of them. It feels like a joke that it could have all been replaced for so cheap yet I have had no options because of my cancer.

once the little people sell their assets for pennies, they will just bulk buy it at a bargain and reverse the shitty decisions that made it crash.

just legalized robbery-with-extra-steps.

All my loss has had nothing to do with the economy.

I've had basically everything I own in life thrown away. Twice. Once when I was 19 and got a job on a cruise ship; my parents sold my car and had my siblings move everything out of my room so my brother could take the room, and those two assholes just threw everything in the trash.

It happened again when I got married and my (now ex) wife got rid of everything of mine that I had before we met.

I bought European defense stocks so I get happy whatever he says.

Jokes aside about 30k maybe? Not sold anything and I did not care enough to check. Hopefully he does not get to stay in office for another 4 years. I'll just buy more meanwhile.

I haven't checked. It's a long-term investment anyway.

Untill you sell, you haven't actually lost anything tangiable.

What I mean is that the market can absolutely bounce back once the situation is stabilized again, if you have time and resources, it might be worth riding this out.

Aren't the stock markets supposed to recover from a crisis like this, as they always did in the past?

I sold about a third of my shares in my retirement index fund into “cash” about a month ago. This was obviously coming and I figured I would try to time the market in this instance. I didn’t have the balls to do the whole thing but I stand to make a nice gain if I can buy back in on the way up.

The next few years will be a constant whip saw of crashes and “recoveries”, because the big money wins more when prices are volatile. They sell before you can. They buy before you can. It’s a dance they take advantage of, and we should try to as well.

I'm in the middle of closing on a house. I'll let you know in 5 years.

Nothing. Sold everything when I heard that warren buffet had sold everything

Not a penny. I dumped my meager stocks in November and I shit you not rolled them over into a bunch of nonperishable food

The market has given up about one year's gain, so people who have held diversified portfolios for longer than that haven't really "lost"anything.

Yet.

In January I moved all my 401k funds to a vangaurd stable fund which mostly invested in money markets. My 401k is somehow up from April 1st by a few %. Thinking of reallocating to take advantage of Trump's inevitable reversal.

My guess is he will do it piecemeal as countries cave to his attempt at soliciting bribes. So the market as a whole wont recover all at once. When I see he is starting to reverse individual tariffs, that's when I'll do the reallocation. But until then I think there is more to lose.

Also I shorted Elmo and cashed out high enough to cover the losses on the rest of my portfolio. So somehow I didn't get turbofucked by them this time.

i am just starting on a fresh 401k account, i guess i got lucky, but people with decades worth of contributions must be swearing bullets

$155k, and it could have been worse.

Actual numbers?

Approaching a half million.

That’s from two people’s combined lifetime efforts at saving for retirement. We max out our retirement contributions and live modestly, I have a mandatory retirement age by law, and we can only hope that the markets will return our savings by then.

For the record, it’s shitty that people’s retirements are tied to the stock market.

401(k) plans never meant to be a complete retirement plan. Where does that leave future retirees?

Nearly three-quarters of all 401(k) money is held in stocks, according to a Vanguard report from 2021.

I read somewhere and can’t find it anymore, but up to 40% of the stock market value is comprised of peoples’ retirement savings or plans.

So you can see how devastating this stock market decline could be if it gets worse, on top of all the issues with jobs it will cause.

Don't sell is my advice. Maybe it will take some time but the market will recover one day. The next peak will be bigger than the last, and the next and the next. If you zoom out you will see a steady line up. So sit down, and stop checking your account.

About a year’s salary.

Since I'm not american, nothing that I know of

Technically none, as nothing has realised yet. :P

Down 14% since the start of March

I'm down $7k, so far.
I should have bailed early, but the tax hit would have been just as bad.