Anyone lose more money than me from stock?

New
📈plz

New

📈plz
Apr 29 47 Comments

If yes, how do you adjust your mind? Damn I can’t sleep now 😫

Anyone lose more money than me from stock?

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TOP 47 Comments
  • Roblox
    amugus

    Go to company page Roblox

    amugus
    I’ve lost a few mill. I sleep fine because it’s all in VTSAX. Things go up and down.
    Apr 29 3
    • If they're in VTSAX and losing a few mil, they have plenty of other mils to keep them company.

      I'm sure they care about it, but the question they have to ask themselves is what would they do with it otherwise?

      If not actively deploying capital to start businesses or actively investing in alternatives to indexing, then you can stick things in cash and hope inflation doesn't eat you alive, or invest in VTSAX and recognize that dips happen and just live your life and watch it rebound in a few months or years.

      If this was money they needed tomorrow that would be a different story.
      Apr 29
    • Roblox
      amugus

      Go to company page Roblox

      amugus
      Exactly what coinbase said. If it’s VTSAX, I’ve already assumed 7% returns a year over 30 years. Doesn’t matter how the market is doing right now. It’s the ultimate peace of mind.

      I understand there is no timing the market unless you have billions and a team of quants.

      I just don’t think about it at all. If I personally invested in stocks, I would probably be stressed out since it’s a decision within my control, but there is a reason it’s called VTSAX and chill.

      The problems arise when you think you can time the market. If you believe that the market is hyper efficient, heavily manipulated, and that your counterparties are institutions with billions and legions of quants, ofc the only choice is to invest in the US economy. You wouldn’t play poker when everyone else can see the card and deck and you can’t.

      I guess you just need to understand, you cannot time the market.
      Apr 30
  • Google
    1Name4Evaa

    Go to company page Google

    PRE
    Amazon, Microsoft
    1Name4Evaa
    This is just todays loss on one of my portfolios. I am down 780k from peak this year. It’s fine. It will get better. Stop checking it every day.
    Apr 29 0
  • Intel / R&D
    itachi-

    Go to company page Intel R&D

    itachi-
    It is not a loss if you dont sell it.
    Apr 29 5
    • Upwork
      zanyzad

      Go to company page Upwork

      zanyzad
      actually our population isn't really growing anymore, according to the latest 2020 census.
      Apr 29
    • Keep telling yourself that, if you are not prepared you will be bag holding. Just FYI in the next 10 years the world will move away from the dollar considerably. You will see persistent inflation. US can’t afford to pay 4% interest on federal debt. You will see lot of govt spending to support lower class adding to inflation. Dollar will get devalued US consumer will loose purchasing power. Welcome to the multi polar world.
      Apr 30
  • Amazon
    ルダン

    Go to company page Amazon

    ルダン
    -60% in about 1 year. Bought too much Chinese tech stocks 😭
    Apr 29 4
    • RYOT
      daridra

      Go to company page RYOT

      daridra
      BABA and PDD for me, Do you plan to average down on DIDI? Now they have lost more than 80% value and expecting some good news from China.
      Apr 30
    • Amazon
      ルダン

      Go to company page Amazon

      ルダン
      Nope, I sold all of them. I didn’t put much money in stock so it’s ok even with -60%. Chinese stocks are influenced by the policy greatly which is quite uncertain. I don’t want to bet on that. Now I put my money in QQQ.
      Apr 30
  • Amazon
    LpsSlave2

    Go to company page Amazon

    LpsSlave2
    What’s the time frame for this loss ?
    Apr 29 2