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My account is nowhere near the peak, nor is the Dow (peak was 1/26/18 at 26,656). I'm not yet at breakeven, though perhaps I'll get there within the next 2 or so weeks, depending on what happens.
same ... i still have about 1/3 of the way to go to get to get back but it has been a hell of a recovery .. multiple 6 figures in just over 2 weeks .
same ... i still have about 1/3 of the way to go to get to get back but it has been a hell of a recovery ..
you bet... there was some guy on the Bogleheads forum who bailed after the Dec 24 crash saying he is taking profits as it is going lower and will get back in at the bottom, this proves that it isn't so clear cut, many analysts are saying 2019 may have very strong returns
Well saying that on Bogleheads would certainly get a reaction since one of the cardinal tenets of John Bogle was to "stay the course" and not sell until one needs to use the money and not try to time the market.
you bet... there was some guy on the Bogleheads forum who bailed after the Dec 24 crash saying he is taking profits as it is going lower and will get back in at the bottom, this proves that it isn't so clear cut, many analysts are saying 2019 may have very strong returns
everyone always has that vision of genius ... it repeats and repeats every time we have a drop ... i would bet anything those that fled to cash are either still in cash waiting for it to drop again or they threw in the towel before missing anymore of the gains and bought in at a point that made it not worth even bothering
My account is nowhere near the peak, nor is the Dow (peak was 1/26/18 at 26,656). I'm not yet at breakeven, though perhaps I'll get there within the next 2 or so weeks, depending on what happens. On 1/26/18 S&P was 2,839, just for comparison.
Nor is mine. With luck I will be neutral in a few weeks, but right now, I am definitely in the hole in my retirement plan. Dollarwise, it's still the biggest negative I have had since I have been tracking it (I started a spreadsheet on it in 2011).
closed higher Friday -- their fourth consecutive weekly gain -- after China reportedly offered to increase its imports from America over a six-year-period to reduce the trade imbalance between the two nations.
Equities also got a lift from a Wall Street Journal report that the Trump administration was considering rolling back tariffs on Chinese goods to ensure that current trade negotiations – set to end March 1 – are successful.
i will take a tremendous hit when the tax bill comes in april but for now its good times again!!!!!
Last edited by CaptainNJ; 02-01-2019 at 08:33 AM..
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