Results 1 to 11 of 11

Thread: Not all is gloomy

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. 07-23-2020, 10:17 AM #1
    Dave Grubb's Avatar
    Dave Grubb
    Dave Grubb is offline Charter Member
    Join Date
    10-22-01
    Location
    All Over
    Posts
    38,318

    Not all is gloomy

    Just as a reference---my investments have overall recovered from their March low. I had declined 18% between Jan and March. Since then I have recovered to 0.1% of the Jan value. It is better than I had hoped for. Surely not everything has recovered similarly. I am still far too heavily vested in energy stocks---and that has been and continues to be ugly.

    To lament the absence of any growth in 2020 seems a bit delusional at this point, I am just relieved to becoming out whole, I am too old to suffer another long term loss as we did a decade ago.

    I hope all of you are seeing similar or better results.
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis
    Reply With Quote Reply With Quote
  2. 07-23-2020, 11:16 AM #2
    Phillbo's Avatar
    Phillbo
    Phillbo is offline Charter Member
    Join Date
    08-05-05
    Location
    Deep inside the Central Scrutinizer.
    Posts
    21,035
    About the same here.... I reallocated to reduce my international exposure at just the right time.
    Reply With Quote Reply With Quote
  3. 07-23-2020, 11:49 AM #3
    Dave Grubb's Avatar
    Dave Grubb
    Dave Grubb is offline Charter Member
    Join Date
    10-22-01
    Location
    All Over
    Posts
    38,318
    Quote Originally Posted by Phillbo View Post
    About the same here.... I reallocated to reduce my international exposure at just the right time.
    Good to hear
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis
    Reply With Quote Reply With Quote
  4. 07-23-2020, 12:05 PM #4
    Honda's Avatar
    Honda
    Honda is offline Registered Member
    Join Date
    04-29-17
    Posts
    7,549
    When the plague first was announced I moved a third of my 401K portfolio to short term bonds. When the market started by up I moved right back to a more aggressive portfolio. After it was all said and done I netted a 1.87% gain
    OPINION....a view or judgment formed about something, not necessarily based on fact or knowledge.
    Reply With Quote Reply With Quote
  5. 07-23-2020, 12:11 PM #5
    Independent Voter's Avatar
    Independent Voter
    Independent Voter is offline Registered Member
    Join Date
    05-01-11
    Location
    Louisiana
    Posts
    2,137
    Due to the coin shortage, the level in my Piggy Bank has remained static for some time.
    Individual rights are protected only as long as they don't conflict with the desires of the state .
    Reply With Quote Reply With Quote
  6. 07-23-2020, 12:55 PM #6
    Dave Grubb's Avatar
    Dave Grubb
    Dave Grubb is offline Charter Member
    Join Date
    10-22-01
    Location
    All Over
    Posts
    38,318
    Quote Originally Posted by Independent Voter View Post
    Due to the coin shortage, the level in my Piggy Bank has remained static for some time.
    Ya---but you got one of dem dare gooberment pensions
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules