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malenz 03/01/20 9:59:50 PM #1: |
Like cut in half or what?
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Irony 03/01/20 10:01:19 PM #2: |
A lot
--- I am Mogar, God of Irony and The Devourer of Topics. ... Copied to Clipboard!
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malenz 03/01/20 10:03:13 PM #3: |
Irony posted...
A lotwhat percentage ... Copied to Clipboard!
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Fossil 03/01/20 10:03:46 PM #4: |
many percents
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malenz 03/01/20 10:04:40 PM #5: |
gaius pls
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Tired-Insomniac 03/01/20 10:04:45 PM #6: |
Last Friday my 401k was about $12300
This past Friday it was at like $11009 Preparing for it to be near 9k when I check it tomorrow Good thing I'm only 27 but I feel bad for anyone retiring soon --- "I like turtles" ... Copied to Clipboard!
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The Popo 03/01/20 10:11:43 PM #7: |
The Dow Jones Industrial Average was previously right around an all time high, 29,500. It closed on Friday at 25,400. So down about 13% from that all-time high.
Basically wiped out the gains from the last year, but its still high as a whole. Here are charts showing the last year, 5 years, and 30 years: ![]() ![]() ![]() --- Live action Hungry Hungry Hippos though, now that was a sport. ~Aeon Azuran ... Copied to Clipboard!
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malenz 03/01/20 10:13:52 PM #8: |
oh that's not as bad as I thought thanks
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theAteam 03/01/20 10:18:17 PM #9: |
We went through a pretty similar drop in December 2018. Everyone thought those were the end times but then it rebounded in January.
But if it keeps going we'll surpass that. --- Buffalo Bills ... Copied to Clipboard!
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SK8T3R215 03/01/20 10:18:20 PM #10: |
You know you could look this up yourself right...
--- New York Knicks, New York Jets, New York Yankees. ... Copied to Clipboard!
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ssjevot 03/01/20 10:24:30 PM #11: |
malenz posted...
oh that's not as bad as I thought thanks I mean losing 2 years of gains is pretty bad. It all depends on when you put in and when you plan to take out. Most of us are young and assuming we're primarily invested in an IRA, it's no big deal long term. But imagine you were older and about to retire and you just lost 10% of your IRA. That's a bad time. You might be forced to work longer. --- Favorite Games: BlazBlue: Central Fiction, Street Fighter III: Third Strike, Bayonetta, Bloodborne thats a username you habe - chuckyhacksss ... Copied to Clipboard!
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Supernatural 03/01/20 10:24:59 PM #12: |
people saying a lot are very helpful
thank you for posting in this topic you brought great insight --- Carry on my wayward son. ... Copied to Clipboard!
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malenz 03/01/20 10:44:02 PM #13: |
Supernatural posted...
people saying a lot are very helpfulhehe ... Copied to Clipboard!
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JuanCarlos1 03/01/20 10:49:48 PM #14: |
Is this the bottom though? And would Bernie winning be even worse for the stock market than the corona virus? Yea, good thing we're young but I foresee a rocky year for stocks.
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whitelytning 03/01/20 11:05:31 PM #15: |
JuanCarlos1 posted...
Is this the bottom though? And would Bernie winning be even worse for the stock market than the corona virus? Yea, good thing we're young but I foresee a rocky year for stocks. Most people do not think its the bottom. The big difference in opinion comes in how low it will go. There are some expectations that we will see a little bit of rebound next week but overall it will be down for the near future. --- ************************************************ https://imgur.com/iZdWIKJ ... Copied to Clipboard!
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