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The market was in a valley at the end of 2012 AND the beginning of 2013. 2013 ended and 2014 began on a peak. Anyway if you do not want to average out the peaks and valleys, look at the past 16 months instead. From 1/4/13 at 13435 to yesterday at 16514 is about a 17% annual gain. That is great but no where near the 30-40% increases others seem to claim.
To me there is a simple point to this "discussion." It is wise to try to look at the trends in the market. Watching the peaks and valleys is valuable for the day trader but not the long term investor.
The point is that looking at arbritrary points in the previous year does not support your original claim, which is:
Quote:
Originally Posted by jrkliny
Over the past 12 months, the DJIA increased about 10%. For 2013, the rate of increase was considerably larger but still well under 20%. You must have been very wise or lucky to exceed 40%.
Can you show that for 2013, the DJIA was well under 20%? Because every resource out there says other wise.
we had a slice of time coming off a market bottom the last 5 years and went straight up since things ended up being a whole lot less bad then markets reacted to. reality is we really went no where the last 14 years for the most part.
I guess it's not a huge deal given the market madeness over the past few months (+150....-280.....+300....-250....etc.) but i just ran the numbers today and i was a little shocked by the fact that i lost 10k net worth since 4/4/2014!
i keep a spreadsheet with all our assets and debt....and the number went from $799k+ to ~$790k, to give you some perspective. Our 401k dipped 6k to about 204k and the rest was lost in brokerage/529 accounts....
If i didn't know any better, i'd panic and do something stupid...but we're both 33/34 years old and i know things will bounce back up as we have a long way to go....
has anyone else been sticker shocked over the past few weeks looking at their accounts?
I just read this post of mine from 2014 and had to stop myself from laughing.....these days, i sometimes have 25k-35k swings on a daily basis....let alone "10k in 10 days..." lol
I just read this post of mine from 2014 and had to stop myself from laughing.....these days, i sometimes have 25k-35k swings on a daily basis....let alone "10k in 10 days..." lol
our biggest swing was about 60k in a day ..... i have since tempered the portfolio draw downs by a lot ....
On paper. I pity the person who actually realized the loss.
on paper is just as bad ...all on paper means is you hope it comes back .. but whatever it is it is at this point ..
on the other hand realizing that loss and riding something else back up may have been a better choice ..in the end except taxes there is no difference unless you are never investing again and killing off any chance of making up the loss in both instances..
realizing a loss or gain is a tax issue for the most part ..the effect on your net worth is the same in either case .
My portfolio is still small so my daily variations are usually not over +/- $5k.
Quote:
You haven’t lived until you’ve lost 200k in one day, ala tech stocks in 2000.
I'm not sure I will ever get to that stage... I lost almost $100k in Dec but that was over a 20 day period, was still pretty crazy! To lose 200k in a day, on say a particularly rough day of 5% down, you would have to have a portfolio around $4M in just equities. I suppose if the portfolio was not diversified this could happen with a much smaller amount.
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