The Lounge Off Topic PG-13.
Warning: The Lounge may contain irrelevant and off topic discussions that may not be related to anything HHR. If you are not interested in these kinds of discussions, do not read or respond to these threads.
View Poll Results: How's your portfolio doing?
Making money
4
4.65%
Holding steady
7
8.14%
Losing my @ss
32
37.21%
I'm afraid to look
20
23.26%
I'm not in the market
23
26.74%
Voters: 86. You may not vote on this poll

Ok, How bad are you getting hammered in the stock market right now?

Thread Tools
 
Search this Thread
 
Old 10-10-2008, 12:52 PM
  #1  
Senior Member
Thread Starter
 
Lone Ranger's Avatar
 
Join Date: 05-26-2007
Location: ...
Posts: 1,554
Ok, How bad are you getting hammered in the stock market right now?

I'm only in the stock market through my retirement account, which I payroll deduct into pre-tax, but I've been getting hammered. The main fund I'm in is a five star rated fund (Morningstar) but its down quite a bit. I let it get down too much-- in hindsight I didn't think the market would crash this hard and thought I could ride it out-- now I have no choice, since moving into a Federal Govt Securities Fund or cash fund right now and I would seal my losses.

Damn all this fear and panic, when is the rally going to start and hold?
Lone Ranger is offline  
Old 10-10-2008, 12:55 PM
  #2  
Founding Member
 
ChevyMgr's Avatar
 
Join Date: 11-23-2007
Location: Texas
Posts: 8,210
All I can say is
ChevyMgr is offline  
Old 10-10-2008, 01:00 PM
  #3  
Senior Member
 
Blackedout97's Avatar
 
Join Date: 09-09-2008
Location: ehh
Posts: 102
I stopped looking at mine months ago.
Blackedout97 is offline  
Old 10-10-2008, 01:00 PM
  #4  
Senior Member
Thread Starter
 
Lone Ranger's Avatar
 
Join Date: 05-26-2007
Location: ...
Posts: 1,554
I had plans to retire by age 57 , maybe 55 if the numbers worked out. This is going to put me to age 65 for sure. I'm 45 now.
Lone Ranger is offline  
Old 10-10-2008, 01:12 PM
  #5  
Senior Member
 
calgaryhhr's Avatar
 
Join Date: 06-21-2006
Location: Calgary
Posts: 939
Up until today I was making money. Seems like all hell broke lose today, I've lost everything I have made this week! I'm back to where I started but I wish I was up.
calgaryhhr is offline  
Old 10-10-2008, 01:19 PM
  #6  
Senior Member
 
Ratracer's Avatar
 
Join Date: 08-18-2008
Location: Moved to Camaro 5 forum
Posts: 508
I received my statements in the mail yesterday for my rolled over IRA. It's probably staying on the counter a long while or going right to the shredder.
Ratracer is offline  
Old 10-10-2008, 01:54 PM
  #7  
Senior Member
 
Cajun's Avatar
 
Join Date: 05-19-2008
Location: San Diego
Posts: 878
Originally Posted by Ratracer
I received my statements in the mail yesterday for my rolled over IRA. It's probably staying on the counter a long while or going right to the shredder.
Amen....why increase my stress level....

Happy Holiday Weekend, to those of you that this applies to....

Cajun
Cajun is offline  
Old 10-10-2008, 02:27 PM
  #8  
Senior Member
 
tsaints1115's Avatar
 
Join Date: 05-26-2006
Location: kankakee, IL
Posts: 266
I am actually making money,not a lot but it beats losing it. The bulk of our stuff was moved to low risk funds and bonds several months ago when things started to get shaky. Eventually things will turn and it will go back into higher risk funds for the upturn. Buy low sell high.
tsaints1115 is offline  
Old 10-10-2008, 02:30 PM
  #9  
Senior Member
 
diskullman's Avatar
 
Join Date: 01-10-2008
Location: NJ
Posts: 681
You might get more results on the BMW bulletin boards
diskullman is offline  
Old 10-10-2008, 02:32 PM
  #10  
Senior Member
 
HillsdaleHHR's Avatar
 
Join Date: 08-20-2006
Location: Hillsdale, Michigan
Posts: 21,640
My dad (who is retired) but working part time couldn't handle it and took some out at a loss. He's still in the game but I'm not sure how much longer he can handle the roller coaster ride.
HillsdaleHHR is offline  


Quick Reply: Ok, How bad are you getting hammered in the stock market right now?



All times are GMT -5. The time now is 12:13 PM.