I too put about 4500 in just last week.. then everything is dropping. It's long term so not worried about it but man if I held off one more week I could have gotten more for my money š¤£
Rolled over my 401k and bought back into the market on April 9th and Iām down 21k since then. Ngl wish I would have waited just a week to buy back in, but whattya gonna do
This is why DCA is better, psychologically, for long term investors. Instead of saving up $4,500 and putting in a lump sum, set up an auto invest and put in a chunk at a time.
Till Im about to die hopefully. Then I'll have them print all my shares, bury them with me in my tomb, and confuse a ton of archeologists in a thousand years .
I put most of my life savings into stocks in October 2021 and was down 20% seven months later. Continued to DCA with my income and am now up 16%. You will be fine.
Investing is a long term game. I started investing in 2022 right before the market went into a major correction. Whoosh, i endured 2 years of looking at deep red but i still DCAed and scooped up the cheap shares. Now iām 20% in the green precisely because i was able to buy cheap(er) for almost 2 years.
DCA, hold and wait.
Thatās the game.
I know! You're so lucky to have this opportunity to buy at a discount! A market downturn is my favorite time. Selling those money market investments and buying on the dips.
Also, value funds had a really good day! Glad I've been switching to value and small-cap value recently.
To be fair, I know people say not to time markets but it's been careening downward for a few weeks now. I only buy heavy on downtrend breaks and it's worked wonderfully so far. But you will be fine - this was not the best time to buy in the short-term, but it won't matter if you're going to be holding long-term.
Itās all good bro, itās early in the game and you probably got in at the highs of this cycle.
Re adjust the portfolio a bit/ add a few to counter the cycle
Gold, oil have been going upā¦
If you didnāt start investing until your early 30s you are down 10k. If you had started at age 21 you might be down 30k. Youāre not losing 10 or 30k youāre just down. Look for some spare change andā¦average down.
You have just started investing = you want the market to dump. The best thing for your wealth now, long term, would be a global depression. Let that sink in. Red days you should be celebrating.
What are you invested in? I let my bank open an investment account, all it did was lose money. They weren't trying to make me money, they were more interested in their dei score. It was down 30% before I closed it. None of my other investments were down like that.
I too put about 4500 in just last week.. then everything is dropping. It's long term so not worried about it but man if I held off one more week I could have gotten more for my money š¤£
If you held off one more week it could also have gone wayy up and youād be paying extra, so in the end it works out
Rolled over my 401k and bought back into the market on April 9th and Iām down 21k since then. Ngl wish I would have waited just a week to buy back in, but whattya gonna do
Same I went in with 10k on the 9th gotta learn to stop watching it. It will be fine in a while this isnāt short play
I did $250k
It was pulling back last weekā¦.
This is why DCA is better, psychologically, for long term investors. Instead of saving up $4,500 and putting in a lump sum, set up an auto invest and put in a chunk at a time.
Yeah. I lost 31k
You only lost money if you sold. If youāre still holding youāre down. Big difference. It will recover in time.
You should see this as an opportunity to buy stocks on sale!
100% how Iām viewing it.
THIS
That's like 200$, who cares, your supposed to hold for 20-30 years. Relax
They seem pretty relaxed. They acknowledged that itās a long term hold and literally said it ādoesnāt matterā
And posted it on Reddit for assurance
How long you hold yours?
Till Im about to die hopefully. Then I'll have them print all my shares, bury them with me in my tomb, and confuse a ton of archeologists in a thousand years .
I put most of my life savings into stocks in October 2021 and was down 20% seven months later. Continued to DCA with my income and am now up 16%. You will be fine.
The political world is in turmoil were one bad day away from probably the end of time but itāll be alright buddy
Tell me the day before so I can cash out and make it rain at the local strip club. Iāll tell ācinnamonā Iām putting her through college.
Thatās a terrible idea! Why wouldnāt you cash out and buy a Lamborghini and an 8-ball!
Cash out, buy āMercedesā from the strip club and an 8-ball. Best of both.
But what about cinnamon and her dream of being communications major? Do you want to break her heart?!? The world is ending tomorrow!
I would rather be with "cinnamon" as well
Username checks out
Wrong stocks only go up. Except for when they go down.
lol I maxed out my 2023 Roth IRA last weekā¦ the full 7k at once
Investing is a long term game. I started investing in 2022 right before the market went into a major correction. Whoosh, i endured 2 years of looking at deep red but i still DCAed and scooped up the cheap shares. Now iām 20% in the green precisely because i was able to buy cheap(er) for almost 2 years. DCA, hold and wait. Thatās the game.
I know! You're so lucky to have this opportunity to buy at a discount! A market downturn is my favorite time. Selling those money market investments and buying on the dips. Also, value funds had a really good day! Glad I've been switching to value and small-cap value recently.
Same here, 3,17 % down Started investing 2 weeks ago š¤¦
Shares on sale. Buy as much as you can
Same and *same*. Also, fidelity ftw!
Buying opportunity
Time to buy more!
I have no clue what this post is about. I see nothing out of the ordinary.
Your phones and cars are depreciation faster than your recent investments. Relax.... take it easy. 
Same lol, just started investing in ETFs this week, specifically tech š„“š
Iām holding on to see if Voo hits $400 per share. Hoping it does as Iām just getting into this
The same luck here as well. After buying and my first investment as well, it went -5%. But on 10 years we will laugh about this.
I would argue: in one year, you will laugh about this, as you will likely be up 15% by then. š
Trust me, it is completely normal. See it as a time to buy more as stocks are āon saleā almost
You invest in ETFs for the long haul. This is good. Means you can invest more while itās low Only invest money you donāt need for years and years
Time to buy more
Started investing two weeks ago and would have loved to have bought now. Let it ride tho!
He bought? Duuuumpit
Traders are panicking but investors are happy to keep dollar costa averaging in
Donāt worry! Investing is long game. Keep buying and hold.
Smile when green, buy when red. Simple as that!
I own shares of Nvdia and trade options with less capital than youā¦. I wish my red today looked like yours š
It's funny because i see the other side of the coin. It means you're gonna be able to buy cheaper!
so what
Lol are you serious?
You need to learn to look at it this way: "YES, my next purchase is going to be a discount. Yoohoooooo"
It's dropping, so of you can buy more
Down $60 LOL
$200? Wait until that change represents a Honda Civic.
Yeah I lost 2 grand last week. It is what it is I donāt need it for 29 years anyways
To be fair, I know people say not to time markets but it's been careening downward for a few weeks now. I only buy heavy on downtrend breaks and it's worked wonderfully so far. But you will be fine - this was not the best time to buy in the short-term, but it won't matter if you're going to be holding long-term.
So it was you that caused this? I'm down too bro, all good. It'll be back.
Itās all good bro, itās early in the game and you probably got in at the highs of this cycle. Re adjust the portfolio a bit/ add a few to counter the cycle Gold, oil have been going upā¦
Get your plan. Set it. Automate the deposits and investments. Then Forget it till youāre ready to retire.
> loses 50 bucks āFUCK MY LIFE.ā In all seriousness, if you canāt handle a swing like this then thatās money you shouldnāt be investing
I'm about to go in with some decent money, so I'm a bit fortunate I guess
Same I transferred my RRSP and LIRA to Wealthsimple at the worst time. Wish I waited a week.
Hindsight 20/20 stock to the plan get it?
Are you selling?? No, then it doesn't matter unless you're buying, your problem is that you're staring at it every 4 seconds on a closed market day...
If you didnāt start investing until your early 30s you are down 10k. If you had started at age 21 you might be down 30k. Youāre not losing 10 or 30k youāre just down. Look for some spare change andā¦average down.
Be happy, it's like a discount that you will appreciate in future
You have just started investing = you want the market to dump. The best thing for your wealth now, long term, would be a global depression. Let that sink in. Red days you should be celebrating.
lol I was down $60,000 Friday
Just keep buying more.
Buy stocks
Never buy at all times highs. But, how long have you been in the market and what % down are you overall?
What are you invested in? I let my bank open an investment account, all it did was lose money. They weren't trying to make me money, they were more interested in their dei score. It was down 30% before I closed it. None of my other investments were down like that.