/biz/ - Business & Finance

Down $4500. Just invested a large inheritance a few weeks ago.

>>861902
4500 since the beginning of 2015

Not gonna sell, i'm pretty sure intel will recover at some point in life. They also pay decent dividends so i'm ready to wait

The eternal stock trading question: to hold or not to hold on?

I bailed last month. I got sick of all the stock market jitters every-time Janet Yellen even whispers about changing the interest rates

>>861924
I also bailed, recently I considered putting some money back into oil but luckily I hesitated

http://finance.yahoo.com/echarts?s=STO+Interactive#{"range":"2y","allowChartStacking":true}

statoil has received a double whammy, now that it is at 10+ year lows the question is whether I am being overcautious and might miss an opportunity

do I get in now or wait until it stabilizes at a lower level

$-6,824

>>861969
Nowhere to go but down IMO. I don't see any fundamental reason for oil to go higher. If anything, this is the new price till drilling starts up again. When will that be? 2020?

>>861902
Up literally 17 cents this whole week, lost 6% Wednesday and Thursday and made it back trading volatility

>>861902

Hold me, guys....

do you guys think house prices will fall soon.. looking to buy a home

$2700 yesterday
Way more the previous two weeks

>>861924
I'll answer that question for you.
Hold.

-$5099.66

I'm not too worried yet, I've been way down before and still made plenty of money on the bounce.

down about 6.5%

>tfw you know this is only the beginning

>>861902
cca 7000 euros

>>862057
I really hope so, anon. I hope so.
I've been waiting for this day...

>>861993
unless the happeneing happens, then no, they're going up this year

>>861924
Could go either way
>>862084

volatility is the only safe bet right now (stay away from etn's though because most vol etn's are just market shorts)

This has to be the weirdest money i ever lost. I was regretting buying Exxon, but now no matter what stock I would have bought in February, I would still be down.

>>862091

What a time to be alive, eh?

This is only the beginning of a bear market

Think great depression scale with the amount of bubbles are around

If the bond bubble goes it could get even worse than that

who else /cash/ here? Sitting on a 35-40k ready to invest all the way down. I'm gonna start as soon as september I think, unless there's a big bull trap there.

My guess is it'll go down around 20% total, so the SNP500 will level out around 1600-1700

>>861902
-11,100 probably more now. JUST.

I bought $6000 in oil company shares back in like April when i thought oil was on the road to recovery. Im sure Im not the only one.
Down 33%. I thought about selling when it was down like 25% but at this point Im just going to stick it out till it either recovers or all my money disappears. Might take a decade to recover assuming those companies dont go under.

>>862110
Oil is fucked. The ship will continue to sink as Iran enters the world market again. It could be worse though. You could've invested in Tesla...

>>862096
junk bonds are fucked but treasuries are only getting stronger, the market is pretty ambiguous right now. The US markets could even see a boom from European and Chinese markets, where else are they gonna put their money

>>862110
At least you & me got dividends!

>>862110
i sold in april, i had been watching oil fall since november

This thread is glorious considering irrational exuberance in every thread prior to this. Lambs and pigs to the slaughter. Did you really think you would be able to call the top?

>>862199

What should I buy in right now for a quick buck with Robinhood

I'm down 1500 no fuck s given I'm 5000 up still

I will go down with this ship I won't put my hands up and surrender

Up 7,000 over the past 2 days, thanks for the money suckers

>>862215
Cash out now nigga

>>862209
Does Robinhood allow you to short?

>>862217
no

>>862216

hahaha no fucking thanks, the average recession happens every 6-8 years and the last one was 2008, we are on the verge of a new recession and stocks could easily go down 50% given how pricey they are, if it does, I would stand to make 200-500k

>>862221
>implying the stock are going to raise again

>>862222

do you not understand I have puts on the market?

>>862225
I don't understand anything I'm just memeing.

I will be starting my first major full time job in a few months and have been trying to learn more about investing and trading and it seems this crash is almost perfect opportunity to get in. Although I probably shouldn't start until my student loans are paid off just so I know I am debt free

>>862231
Older trader here.

If you bought the 10 correction March 20th, 2000 you'd only make back your money sometime late in 2007.

Some bear markets last a long time. 2000-2004 for example or back in the early 90's.

My best guess is we're going to have a rebound monday, but until the Fed raises rates the market is going to remain stagnant off it's peak.
The wildcard here is China/Asia. If these nations slow manufacturing anymore or if Shanghai drops to 3000, we'll likely see a new global recession.
All bets are off after that.

Right now I think the Fed will delay the rate rise till December at the earliest. We will see.

350 on Apple.

Bought at 122. Why is it getting hit so hard? China, yuan, and tech are meme answers. The only real reason I've seen is that the iphone 6s won't blow expectations again.

Your money will return.

-$240,233

Bye

>>862305
Jesus Fucking Christ. Are you going to jump off a building?

>>861924
>>861969
>>861973
>>861902

>>861978
>>861973
>>861902
>>861969
>>861924

>>862282
yeah but let's say you bought in the beginning of 2000, youd have to wait until early/mid 2007 for you to be at the same level.

thats sucks man

>>862305
proof man

>>861902

£100 down! I sold up a few weeks ago and I have ~10k sitting around doing nothing. Is now a good time to Bitcoin? It seems to do best when people are fretting over stock markets.

>>862305
no way

>>862305
out of how much?

$15,000 down in the last month, actually more than that because I've been contributing to my portfolio every paycheck

>>861902
September.

>>862107
>20%
It'll be a lot more than 20%, friend. Try making a mental list of the number of things you would consider over-valued right now. Almost everything stock-related. Meanwhile, they're running out of silver to mint as silver hits the lowest price it has been for years. Yeah, only the chinese are manipulating the markets. Totally. Only dirty commies would do that kind of thing, yep yep.

>>862266
>Right now I think the Fed will delay the rate rise till December at the earliest. We will see.
>December
:^)

The US is fucked either way, and China has already failed in trying to correct its imminent demise. They're manipulating the markets like a jew on wall street, and they're still dropping like an american in an elevator rated for five.

>>862326
Volatility for september, or just wait and short it at an appropriate time (should be around 10-16 of September).

>>862353
Contributing every month is good, though. Helps evening it out.

>down 1700
though when the market recovers it will just come back

name a time where the market has not recovered

>just ordered for all my stocks to be sold on the monday

THIS SHIP IS GOING DOWN

From this year's peak to now... -503,000 USD

JUST. FUCK MY SHIT UP

>>862225
>puts
I'd they are even there in the time frame

>>862273
>Apple
The literal definition of over-valued

>>862436
>sell low buy high
classic /biz/

>>861902
Down $1000
I'm going down with the ship
I'll just do the ol' hold for a few years

Once you so your research you leave it in there and collect dividends and growth
To easy

I WILL GO DOWN WITH THIS SHIP
I WON'T PUT MY HANDS UP AND SURRENDER
THERE WILL BE NO WHITE FLAG ABOVE MY DOOR
I'M IN LOVE, AND ALWAYS WILL BE

So what do you guys think is gonna happen on Monday?

>>862606
Joy that won't last, then pain.

>>862606
Depends on Sunday, China will resume trading before our Monday.

>>862606
mixed rally monday,
oil freefalls teusday
entire market down another 5% by thursday
2% rally friday that continues into monday

no crisis

>>861902

-$4500, I'm riding this one into the abyss

I'm down $40 on my $1000 portfolio
it's been nice knowing you guys..

Up $2000 on $6000 portfolio.
Learn a better way

TastyTrade.com
SlopeofHope.com

>>861902
Guys. All thats happened is a loss of 2015 gains , we're still at a record high for both the s&p and dow

>>862659
Yeah, if you invested prior to 2015.

Made 14% gain on this TSE stock this year. Just sold it on Friday to weather the upcoming financial storm in mid September. Will buy back once the stocks hit the record low.

>>862428
This.

It's astonishing how people ignore history. This is the hundreth iteration of a well know event, still people are pissing their pants.

Get the fuck off the stock market if you can't control your bladder, ladies.

>>862896
Oh wow, what a tough pro trader, I want to be like you one day.

I bet you wear a two tone shirt and suspenders as well while managing your $500 portfolio.

>2015

>Not putting your money in fixed rate securities to hedge against inflation and QE

down 1.2 mill
FUCK MY LIFE HNNNNNNNNG

>>862904
Pesos?

>>862907
i wish

>>862902
fixed rate gets eaten by inflation

>>861902
I am up with everything this year. Never put your money in a third party managed fund.

>>862584
Lol you got the reference

It's stupid to count short term losses if you are in for the long term valuation of good companies.

>>862320
Stock market investing should not be taken as fixed income. Variable income varies up and down, otherwise it would be called variable income that only goes up.
You should only buy stocks with money that you're ok with losing. A minimum of 5 years should be taken into account before thinking of returns. It should be considered a lifelong investment, not a quickly cash scheme or "buy the dip" scheme.

Unfortunately people have no idea of what the stock market is, they see it as a game, not as the opportunity of being a shareholder of great and profitable companies. You're not supposed to predict the future, you're supposed to analyze the VALUE of the companies and forget prices.

Price should only matter to traders. If you're willing to make a trade, then you sure should care about price variations and use technical analysis. If you're a small investor, then you should only care about VALUE.

Don't even look at prices, don't even look at your portfolio returns. Maybe once a year at max. The stock market is crashing? Let it be. The important thing is that the companies remain profitable.

If you keep looking at prices and charts and news, you'll inevitably panic and sell near the bottom and come back to the stock market at the top.

>>862904
how much is your portfolio worth

-1400€

>>863069
Except following the crash does have negative effects on your returns.

I have about $20,000 in VTSMX @ 53.08 and $20,000 in FB @ $95.8 - should I sell?

Student reporting in: shemita meme aside, didnt you know there was a market correction inbound?

I dont have any money yet, but ive told anyone to keep their cash ready tp buy cheap.
Are you prepared to stock up when prices are even lower?

>>863337
I've expected something for a while (and ended the week in the black), but a lot of people who sold last week are gonna feel retarded when stocks rally.
Everyone know stocks are overvalued, but just cause something is overvalued doesn't mean it will collapse.
Panicking every bad week is a good way to lose a lot of money long term

>>863357
Panicing is always stupid, but preparing cash to buy cheap should be obvious. Dont buy on emotion.

But get prepared. It hurts me to be a poor student right now. I would have loves to buy in 2008/2009 and Im sad to miss 2015/16 aswell.

>>863364
an institutional collapse won't happen, no matter what happens this week or month

>>863364
Ive got about 20k in my account right now, sitting not doing anything, will probably go shopping tomorrow, what should I buy biz? Tech, industrial, biomed, financial institutions?

>>863378
Thats not what I said. I said market correction.

This isnt POL.

>>863238
bump

>>861902

>>863388
I thought you were comparing this to 2007

All non-cucks should have sold their shit by now. The bull times are over and /pol/ is right this time. Screencap this post and name it "pol was right"

>Down $20K since Sept.

>>862215
>>862221
>>862225
How did Merrill approve your Margin account? They won't give me one.

>>863381
I'm also down $20K.

>>862110
>>862121

I got into oil stocks in Feb. I'm down about 70% lulz. I'll be holding for years.

cant wait for the market to recover and all the pussies lose their money for real

>>863490
recession time

I invested $24k a week ago.

I, for one, am making a solid profit from the fall.

It's been obvious for twelve months that 18k was the hard-ceiling for the bull run. You can't pretend like you didn't see this coming.

Adapt or die.

>>863547
shoulda done DCA with that much cash

Had 50:1 margin, blew up my $1500 acount

>>863547
Invested 45k literally this last month...fucking sucks

>>861902
Down quite a bit on Friday.
In the end it doesn't matter, it's just noise. I have my sights set several years ahead.
All the companies I have invested in are solid, and the diversity in my investments means that the effect of a couple of corpses in the water is dissipated overall.
Probably time to buy soon.

Why so many dumb ass investments I'm seeing ITT? Most of you are fucking stupid with your money

About 1,5k$, Polish fucking coal mining corporation

>>863357
Its more complex than that.
Look at the rest of the world-- there's VERY little positive economics news coming out.
Just by observation of the rest of the world's economy's one can gather shit's fucked.
That'll eventually boil to a head and the bear will be running.
It'll recover, just as it has every time before, but patterns are repeating, planets are (mis)aligning, and things are looking to be on a serious down-turn.

>>863337
>shemitah
Yeah, who would believe any of that crap. The seven year cycle, though! That's established Wallstreet stuff.

>>863357
>le it's gonna keep rising forever may may
Funny man. Kill yourself.

>>863378
September.

>>863465
/pol/ is always right.

>>863565
>Had 50:1 margin, blew up my $1500 acount
wat. 50:1 is nothing, how the hell did you manage that? Just run a forex demo until you get proper position sizing. Also, hedge within a pair itself to lock losses. Shouldn't need that unless your entry is catastrophically wrong without a stop, though (which happens to everyone that risk more than 1% of their account a trade with a tight-tight stoploss, like they tell you to).

-105,000,000 USD

>>863726
iktfb

down 436 million here

:(

Have the eternal jews started the fire?

If we have a recession for the next 1-2 years, does this also mean that most companys will skip dividends?

Started investing with $35,000 USD in June.

I bought shares of 4 different pharma/biotech companies with either Phase 2 or 3 results out soon. SYN, TNXP, TRVN, and SGYP.

After positive results from SGYP's phase 3 trials were released I was up to $51,000ish. Since then my acct. has steadily gone downward due to this mess.

I am now down to $30,000ish.

TRVN.

little over $5000

>>861902
I'm down 9 mil or so. I've almost finished selling all of my chinese stocks however so I'm done being on this ruse cruise.

>>863664
We've barely even recovered from 2008. Expect another major recession in the next 1-2 years.

>>862273

Apple does really well and will continue to do well, but people think record iphone sales aren't good enough. They wanted the apple watch to become another huge boon instead of a fun diversion.

It's just wishful thinking that's getting people into trouble with tech stocks.

Good thing Amazon and Salesforce started turning a profit. Not that I'd invest in either, but that's the kind of stuff that'll determine how ass-raped shit like twitter will be.

All this social-media and communication-platform garbage will be washed away and the valley will be better for it.

>>862209
TBEV will seriously be a haven for peoples free cash tomorrow, it just started preordering for its drink tonight will be announced tomorrow, people will want to casino flip it to make all the money they lost in NASDAQ, join the 0.0019-0.01 Monday Funday!

>>864571
>Apple does really well and will continue to do well

Just sold my google at 541 €, bought at 388 €
I think i'll sell my msci world ETF too, maybe also my ATX ETF

>>864422
If we have a recession?

The first one ended?

>>862112
Or Solyndra

>>863465

>>861921
intel will come back much stronger once it recovers from its recent purchase of competitor company

>>863548
How do you profit from a fall?

Between all my accounts, I was probably down $15,000 on Friday alone. A bit unnerving but its just paper losses guys.

Although I am likely to sell to harvest a short term loss on COP (and maybe KMI). I'd buy right into CVX or XOM if I did though.

>>864647
By buying now and selling 6 years later when the markets have rebounded.

Down 3% in one day, was interesting to watch

>>864655
*air raid siren*
Losses garnered are final, unless the company is going under DO NOT SELL. If you saw this coming you already sold, do not be that guy that sells after losses.

>>861902
>$4481.40
I don't think my nerves can take holding on this one. I don't think they'll raise rates at this point but I'm not staying in either way. Fuck this market - P/E ratios are too high. It's all speculation driven at this point. I'll get back in when the P/E starts to normalize.

>>864658

>catching a falling knife

Don't be retarded. Eat a small loss and sell if you think the markets are headed south, accept that you'll miss out on the first few percent of growth and buy back in once the market rebounds.

Anyway, the way you profit on a downturn is by buying triple-leveraged short ETFs, but if the market rallies you lose it all.

>>864660
Short term tax loss harvesting bro.

>>864452
Than why didn't you pull the plug when you started seeing it plummeting ?

-$8000 in a week.

BRB just gonna kill myself.

>>864679
I don't get it. Why don't you pull the plug immediately after you lose like ~500$?
Don't you check up your investment 24/7 a day?

>>864680
Because if I sold every time my investment went down 500 bucks I would do this every week.

Reasonable daily fluctuation for my investment were +$800/-$600 on very good or very bad day.

>>864688
Then if you sell at the highest point of the fluctation graph, and you make 800$. Then why not buy again the same day, with the money you just received back, and again when you make 800$ sell again, rinse and repeat?

>>864689
>Then if you sell at the highest point of the fluctation graph

You are trolling right?

>Just sell when the price is at the highest point and buy again when it's at the lowest, I don't understand why this is so difficult!

I bought some stock in a vidya company that did VERY well, but it dropped about 5.5% today. They will publish their interim report on exactly how well they did on Wednesday. I'm thinking about waiting for Wednesday and then sell...am I right or wrong? Advice?

OMG its happening.

Shanghai index down 8%. EIGHT PERCENT.

Time to lube up boys.

>UWTI at $0.88
should I pump all my sheckles in now, or is oil gonna keep dropping?

I only had funds for about a month but I sold everything on 8/13. So only lost ~$650 on a 33k portfolio. Will be happy to start up again once this selloff is over :)

>>864710
Iranian oil coming into the market. China's economy collapsing. You tell me.

>>864712
If I could, goyim, I wouldn't be posting here :3

>>864713
I answered your question though.

Also,
>asking for financial advice on a nepalese beekeeping forum

HAHAHAHAHAHAHAHAHAHAHAHAHA

You're all a bunch of faggot losers. Might as well start sucking cock for a few cents extra here and there.

HAHAHAHAHAHAHAHAHAHAHAHAHA

>>862444
Trips confirm it, but how the fuck, man. (Or rather, out of how much?) Long oil and thought was diversified? Or went all in on some biotech and didn't take money off table?

>>864619
>The first recession
The one from 1785?

>>864638
>september 13rd
Otherwise interesting.

>>864697
past performance is allready priced in. unless you have insider information.
if there is no spectacular forecast, the interim report will hardly have any effect. but if they are a profitable company, why not keeping them?

>>862083
>I've been waiting for this day...
Why's that? Why is the market crashing good for you and bad for others? I'm kinda new

>>864647
Short the highest volume stocks with recent peaks.

:-D

>>862320
Who cares? Anyone on 4chan has 30+ years to wait until they need retirement money. Investing isn't a short term game.

>>865416
if you're buying things anyway, you should be happy to see them on sale

if you're selling, this sucks, but don't expect sympathy for boomers on this board. they completely forgot that they needed someone to sell their stocks/house to and robbed their children.

down $100 but I only have like $2500 on cost basis

>>862282

Until it doesn't.

(3%) today. I just bought some Gazprom this morning, and I loaded up on my dividend stocks last week.

0 because i lost about 6000€ even before the crash

THE END IS COMING

>>861976
>i don't factor in trading costs

>tfw holding UVXY

>>865435
Right but if your stock in your company does down why wouldn't you just wait for it to recover?

Also is this just the beginning of the crash or was that it?

>>861902
ITT people stupid enough to lock in losses during panic corrections.

You people know the market will recover right ?

-4000 € meh

Millionaire off apple.

>>865465
>mfw buying the dip

>>865472

Well it always has.

So what are you guys looking to buy in these down times?

Gonna load up on dat total market index put more into healthcare

>>864736
long usdjpy. had been thinking that the yen's haven status would be seriously diminished during the next downturn even if it did come and that people would prefer the dollar

the dollar is doing well against everything except the euro... and the yen. I just got blown the fuck out.

usdjpy just saw the biggest single day drop in 17 years.

down over a million dollars and counting :)

I'm down about 40% from the highs only a few days ago. Shit has gone south soooooooo fast. It's incredible

>>865512
Why are you making shit up on fucking /biz/?

-$100,000 and counting

>>865499
Wiil we live long enough to see it recover?

>>865516
I really don't care if you don't believe me

>>865528
Why aren't you playing vidya and banging chicks? I mean yeah the halo k/d will go down, but it is so much fun!

>>865504
I bought SPY @ 185 at the open, only $5k tho.

I keep a spreadsheet indicating exponential buy amounts at various levels, and have them all pre-set at my broker in case we have these sort of flash crashes.

>>861902

Down about $5000 here. Just gonna ride it out, I'm a youngin'. I plan on watching for the next few weeks or at least until October and will buy little by little if it keeps going down. If it rebounds before then, no harm done. I'm not gonna play a guessing game and risk losing more until I see what happens

cant wait for the tears of the people that sell during the dips

>>865491
>blood in the water

>>861902
Thread theme:
https://www.youtube.com/watch?v=A3btExaaFG8

>>864596
Well you were wrong asshole but I bought at 12 and sold at 15, and for that I thank you for eliminating my losses.

I'll see you on the other side brothers!
On the upside, it looks like VOO is going down fast as shit. Once this is all over, all cash into VOO

How long do you think it's gonna last? A year or so like they always do?

>giving away your money for someone else to literally gamble with

why.jpg

>>865512
just double down

>>861902
Only -300 from the crash though

>>864638

yeah and I'm the queen of England.

>>864638
As a noob trader, what can I do with this info? Short index funds?

>>861902
I'm down about 45k, or two percent. And it doesn't even matter one bit. You cannot consistently time the market and you should have a long horizon anyway.


It really doesn't fucking matter.

>>861921
>intel
i was hoping for this too
then i heard an interview with someone from intel on bloomberg radio and basically the entire thing was about their mandatory % of women and minority soft/hardware developers and less white and asian male coders and hardware developers

a great company gone full tumblr
no thanks

>>865629

The only sane answer here.

>>865626
buy blue chip when down and sell later

swing trade that shit

>>864638
September 13, 2015 is a Sunday.

>-0.83%

BOING!

>>865661
>tfw wasn't awake to buy when everyone was panicking

>>865669
>tfw broker's servers were shitting the bed during the panic

Couldn't even log in let alone place trades. Whatever though, I had actual work to get done this morning anyway.

>tfw im a investment broker at a private equity and asset control/management firm
>tfw all ive been doing past week is answering rich fucks calls all day about there money
>firm just lost 20.6 mil and 3 clients
good by 25k bonus see you in 5 years

>>862622
sounds tuff bro

>>861902
1050, i have lots of bonds and reits so no worries. Ive been trying to reduce my investment in us equities lately because theyve been so expensive.

>>865416
its good for me because i plan on investing 35k a year into deferred accounts for the next 30 years. Cheaper stock prices benefit me greatly.

>>865461
"beginning of the crash" was in 2006, since then volatility and fundamentals have been shot. But on the plus side, us banks are doing quite well and are recapitalized, this is due to chinas failing institutions, not the US financial system.

>>865688
ill never understand why rich fucks think they are too good for 80% vanguard and 10% day trading/10% treasuries and real estate or commodities

200 EUR

>>865719
from my experience its not just cuz they feel theyre to good for it a lot of them launder money and the hole point of it isnt to lose money when you do so
they also like to see a constant rate of growth
that being said idk why they take it out on me when shit happens that only the jews can control
btw not a single client has a ira or 401k or any sort of retirement plan
theyre all to well off for that shit and are more concerned with leaving a legacy for kids/grand kids

>>865754
forget deferred accounts, what hedge funds or private equity firms have beaten vanguard shit over a 10 year period? I just dont get it.

i do get it if they are trying to beat the IRS though, i take it you have an ethics statement at your firm.

>>865761
lol ya if that ethic is to keep your dirty whore mouth shut if the SEC ever walk in the door than ya
but most of our clients have net worth over 50 mil
so obvi theyre shady shit going on no one gets there by paying "fair" share of taxes
but the SEC and IRS already know that pretty much what we do is all legal it just comes down to timing and movement of said assets
but feds are planing on raising rates again so idk what the future holds
im just glad im tenured
we let go of 3 brokers this quarter and 2 interns good kids but wall streets a bitch
even if we do biz in Bellevue

>>865719

They like paying exorbitant fees for worse returns. My parents are a bit like that, something about having millions to invest can make people think that they ought to be paying someone to invest it for them. In 2008 they called it reasonably early and got out before shit hit the fan, but the moron broker fucked them by sticking the cash in a Lehman's account literally a day or so before they went tits-up. They got their money back, but it took about 5 years.

I own 5kg of gold.

I still own 5kg of gold.

>>865778

5 kg?

bruh..

>>861902
Down $3 out of 20, should I cut my losses and get out or buy the dip?

>>865778

>gold

Have you had that for very long? Going long on gold is like going long on Bitcoin, just for normies and libertarian wackos. I've just bought some on a gamble that it's already been savaged by bears over the last few years and we might see a bit of recovery while the rest of the market goes to shit, but that's just a punt, I'm going to sell the stuff again pretty soon.

>>863483
Why would you go in oil in februari. Are you retarded?

Sold last Thursday thanks to listening to /pol/, down about $2000 from my highs and another $6000 if you count the tax liability I now have from the capital gains I realized when I sold (most of my positions were from 2011)

>>865818
Feb was a false bottom. I'm not the only one that went in at that time.

down 5k or so from +7k before Thurs.

Sold aapl this morning like a retard to deleverage myself so i didnt get margin called.

Invested into airlines due to low oil

Resisted the urge to buy this morning. W-we're going lower, right guys?

>/biz/ doesn't understand the sunk cost fallacy

>all these retards losing money trying to time the market

>>865832
I dont think so, Tim.

>tfw contemplated investing 30k into stock last week

>>865832
Sure looks like it. Rate we're going, that flash crash this morning was just a preview of where we'll be by the end of the day tomorrow, Wednesday at the latest. Down nearly 500 for the day so far.

>>865661
Looking increasingly like a dead cat bounce. Of course, dropped from a sufficient height, all cats end up dead whether they bounce or not.

>>865669
>>865678
Sometimes the only winning move is not to play.

>>861924

August/September are good moths to hold and get in on the low. Any other month it's not worth it to hold.

China will rebound, right?

Right?

-$327.00

>>865873
I sure fucking hope so. It's so hard not to buy when even now, everything I want is 10% off

I'm down about 5000CAD from my highest point this year but i'm up 1165CAD since I sold my mutual funds and got me ETFs.

Fuck man my Vanguard bond fund took a hit today, I could still sell at a profit but I missed the opportunity to sell high this morning so i'll wait. But i proably shouldn't wait thogh because I want to use the proceeds to buy me an SP500 inverse ETF in my TFSA

... so what should I buy?

-$6,501.10 (-16.41%)
Today's Gain/Loss**

>>865899
i dont think so tim

>>865918

Nothing until you are done destroying the market you silly chink

>>862622
Don't be a twat, ride it out. Just gotta keep working to make more.

>>865918
Guns. Buy guns. You can't put a price on them ;) Except for the cost of a life. Game On Bitches!

>>861902
>investing in the crypto jew market
Brought this on yourselves tbh lads smh fam

>>862900
Even if it's 500, it'd be a RELATIVE loss. So it's best to look at percentages, not cash amounts. Losing $6000 may be just a small percentage of your BIG portfolio.

Only $1800, but that's more than 10% for me.

>>863238
Ouch, depends how much you need it. I'm riding this out, but it's small numbers compared to you.

Anyone else kicking themselves for believing the hype that China was the future?

Goddammit. Why is China so fucking stupid? Everyone was saying for years that it was going to be the next Japan and these incompetent fucking Chinks just shit all over the bed and then they start smearing it all over themselves and making it even worse. They took a fuck up and made it thousands of times worse than what it would have been if they had the sense of a real country and not a fucking peasant empire. That's what I get in investing in the fucking peasant empire of Asia.

I put so much into these stupid fucking Chinks and they ruin EVERYTHING. We should have given the country to Japan and let them enslave these stupid animals back in the war because they aren't good for anything other than working like peasants while someone outside of China with an actual brain is leading them. When I saw that video of the Chinese woman shitting in the elevator last year I just KNEW that I should have jumped out while I was still on top, but I kept going with the fucking pack and believing the "China is magic" bullshit. I hope the whole rotten country is a nuclear wasteland by the end of the decade.

FUCK CHINA

>mfw I started investing on thursday

£20k (roughly $34k)

not life changing but fuck me I should have cashed out and bought a house already

>>865978

Any real investigation would have shown you how overvalued chines stock are.

>>865978

>>861902
$83,750

>>865978
damn, how much did you lose?

>>864633

>>865978
mad cuz bad.

>>861902
>being shit at stocks

You don't even have to be good. Just somewhere near intelligent.

I bought Citigroup when it was at $1 and I've been making bank ever since.

>>862108
Lol.

>>862444
JUST

>>863726
>>863752
10,000,000,000.

>>861902
>down $463.61
>up $464.11

Not even the stock market collapse can make me lose money

>>861902
OP here.
Make that $3000

>he didn't buy inverse crude

How long until oil is actually worth anything ?

>>865896
this

>>866337
I'd say 3-5 years if we are very lucky.

why didnt you sell everything 2 months ago when it was pretty clearly that this was going to happen

>>864571
>>864605
Just more proof that nothing actually matters in the market but how retarded the rest of the country is. The creation of group psychology may just be the worst thing to ever happen ever. It doesn't matter if something is good or not, but if you find some gullibles to buy at the right price you make a good bundle of money. Thats why stocks piss me off so much. Everyone is so arrogant that they believe they are one step ahead of the hivemind, not realizing that they are a part of it

>Start a Roth IRA they said.
>Save for your future they said.

top fucking kek

>>866408
Not worried...

Down $12k from $200k

>tfw Mexican

>>866408
>>866413
Those are sum gud fookin gains there bois.

-713.99

not too bad

>>865643
Under rated post.

>>866573
Guess which markets will be open on our Sunday?
Guess which markets are responsible for fucking everything up so far?

>>866576
In China it would be the 14th that the market crashes techniquely.

>>866580
Futures are open Sunday night

>>866580
If were were talking about the Chinese 13th, the chart would be in ching chongs and not English

Sup guys
hold me

>>863649
post your gains today please
please teach us master

>>866630

>>866630
I've lost $12,000 since last Monday

>>861902
down 10k across both my retirement and non tax advantaged accounts.

time to double down

Fuck me.

How fucked will I be looking for a job over this. I already know USBank has instituted a hiring freeze. I had just applied for some really good jobs when this hit.

>$0.00

Investing in the first national bank of My Mattress has been more productive than gambling it seems

>>866653
are you retarded or just plain stupid?

I cashed out all my stocks a week ago. Dead serious. By necessity actually, I needed cash for renovations.

> $200

At least I only chose to invest a few thousand and saved the rest. Still, feels bad for a first investment.

reposting this for all the scared fucks out there:
http://awealthofcommonsense.com/worlds-worst-market-timer/

YOU ONLY LOSE MONEY WHEN YOU SELL OR BUY AT THE WRONG TIME

LEAVE YOUR SHIT ALONE UNLESS YOU KNOW WHAT THE FUCK YOU'RE DOING

>>861902
feels bad man

>>863388
Why would you capitalize /pol/? Who does that?

Also pol is chomping out about this on their own board. What a funny pack of people.

>>866812
>butt hurt because you didn't buy at the dip in 2009

dollar cost average. looks like it'll be another blood bath tomorrow. shanghai is down another 5%

I put like 200k CAD in a mutual fund at HSBC 11 months ago. I don't really even feel like looking at it right now. Should I panic or continue to shrug?

OH GOD! SELL! SELL! SELL!

67k

>>861902
/pol/ croosposter here, just wanted to remind you that you should get comfy to enjoy this ride to his fullest. Have some hot chocolate

Also will this go below 2900 today?

>>866677
Could I open an account?

>>867193
wait it out niggah, wait it out.

>>861902
>all these people who bought at a high
>not waiting until a crash

Lol, it's not that hard. Just profit when everyone else freaks out.

>Claiming to know anything about economics
>Buying into the stock market while it was so inflated.

You guys gonna keep a suicide tally like bitcoin?

>>861902
I live in China but have no investments, how will this affect me?

>>861902
meh

>>867202
>tfw I listen /pol/ and actually make money.

Feels good.

>>865778
10 kg here.
Just in case.

>>867212
How do i get smart like you

>>867220
inherit money from parents

>>864642
is now a good time to buy intel?

>>867221
I like those odds.

>>867221
>247% returns
>luck bro

>>867215

We're always right.

>>867228
>74% collective returns in the most bull of bull markets over who knows how long
Come on man...

It takes money to make money, at least he didn't buy twitter yeah but he's just picking large cap growths for the most part

>>865632
we should be making a habit of finding companies that do this and investing in their competitors

>>867204
Shrugging it is. Not like I had anything planned for the money.

I'm over -16k down since yesterday, I'm not jumping ship, but I'm actively putting safe guards in place. Do you guys think goog aapl amzn will bounce back over the next 3 months?

>>861902
>losses
I'm shorting the DOW with my entire life savings of $500,000.

So markets just opened in Europe and my USA Daily ETF bounced back 2.8%, good sign?

>>867239
Nope. Stalled growth in an overvalued growth company will be pretty bad.

We tried to warn you. Why haven't you listened?

Bailed last month. 90% Cash. Still lost 2k

>>863234
If you can predict the future, do it, avoid "the crash". But I can't predict the future. For all I know this can be the bottom and the "time to buy".

>>864679

Ok I'm up $2000 again, suicide averted.. for now.

>>861993
I have a feeling they'll be dropping in price dramatically in the next year to year and a half

>>864647
put options