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Author Topic: Dow closes 1000 points down  (Read 3501 times)

MU82

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Re: Dow closes 1000 points down
« Reply #25 on: February 09, 2018, 07:51:48 PM »
Just for giggles and snorts, I checked one of my portfolios.

It is down a little under 4% since the start of the year. Since July 1, it is up about 7%. Since Jan. 1, 2017, it is up about 14%.

That is almost on par with SPY even though I own some bonds, cash and a "guaranteed" fund. And I'm a pretty conservative investor with my stocks - mostly blue-chip, dividend-growing names that everybody has heard of.

So for all of this silliness over the last couple of weeks, it was a blip in the grand scheme of things.

Now, could it get worse? Are we on the precipice of the next bear market? Maybe. But they don't sound an alarm when that happens. It's pretty much impossible to exit on top or to get back in at the bottom.
“It’s not how white men fight.” - Tucker Carlson

Hards Alumni

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Re: Dow closes 1000 points down
« Reply #26 on: February 09, 2018, 07:53:07 PM »
@OP

So what.

Dr. Blackheart

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Re: Dow closes 1000 points down
« Reply #27 on: February 09, 2018, 11:01:52 PM »
I am a lot less richer today than when I started the week.  But, I drink more.  The good news is, my taxes are less.


 

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