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Not according to some. I read earlier today that we have a long way to fall before we sustain a floor.
There will always be a Debbie Downer in the group, but we've seen this too many times before. News story elicits an irrational knee jerk reaction, followed by a slow climb back up the mountain.
It’s definitely looking ugly. Since January 2018, the market has only been a money maker for day traders. I wish I had the discipline to ignore the market for a couple years because it may take that long to get back to some actual sustainable gains.
I seriously don’t give one 5h/t about China.
i just calculated my gains since 1/18 (through 7/31/19) and it still adds up to a pretty substantial amount of money. some of that has been lost since but not a lot.
It’s definitely looking ugly. Since January 2018, the market has only been a money maker for day traders. I wish I had the discipline to ignore the market for a couple years because it may take that long to get back to some actual sustainable gains.
I seriously don’t give one 5h/t about China.
Most of my money is in tech stocks like VGT and it's up 25% since 1/18.
There will always be a Debbie Downer in the group, but we've seen this too many times before. News story elicits an irrational knee jerk reaction, followed by a slow climb back up the mountain.
Well of course. I wasn’t referring to “ Debbie Downers”. There are many financial “experts” that are predicting greater losses before the climb back. Obviously there is a point where the recovery starts. Where that will be is the question.
i just calculated my gains since 1/18 (through 7/31/19) and it still adds up to a pretty substantial amount of money. some of that has been lost since but not a lot.
Obviously you have a differently balanced portfolio than I. My Roth account balance, right now, is lower than it was Jan 8 2018. There are some very small gains in my other accounts, but really it’s quite close.
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