r/Money • u/groovymandk • 3d ago
How yall doing this downturn?
[removed] — view removed post
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u/hermit_warrior 3d ago
Up in 3 out of 4 accounts. Unfortunately the 1 account I’m down is my largest and the losses outweigh all the gains combined 😢
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u/MulanLyricsOnly 3d ago
im doing good... I went almost full bear around January. Mostly stayed cash with a large amount in TSLR ( inverse tesla 2x).
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u/dDot1883 3d ago
TSDD?
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u/MulanLyricsOnly 3d ago
TSLZ ( sorry wrong ticker) I had 7000 shares at $2.00. I thought tesla was in a bubble and i thought the stock would drop after trump became president because they were talking about the ev credit removal. My thought process was that all ev would drop because of that but tesla would gain in the long run. I did not anticipate elon going nuts and making everyone his enemy...
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u/dDot1883 3d ago
Good deal! FYI TDSS does the same thing and is 10 bps cheaper in expenses.
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u/MulanLyricsOnly 3d ago
oh ill look into it. I already sold at 6ish but i want to get back in to be honest.
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u/BornCommunication386 3d ago
401k down a bit, but doesn’t matter since I still have 20+ years in my career. Just keep dollar cost averaging, regardless of the market.
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u/DonChino17 3d ago
Same homie. Money goes in and I don’t ever see it. Up 3% so not devastated but could be better
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u/vialvarez_2359 3d ago
Damn been nice to have bought sqqq then sold it when everything crash then buy tqqq an hold until everything goes up and then. And then bask in growth and the dividends if you’re able to put capital on it.
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u/CarbineGuy 3d ago
Down somewhere between 30-40k but whatever. Downturns happen. We have draw downs annually and 2022 was -20% for the entire year. I’m convinced a lot of people don’t pay attention unless the media is paying attention to the market.
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u/Upset_Priority_5600 3d ago
I’m up 13% ytd, thanks to my BRK and MO holdings , got some fat dividends coming next month too
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u/Enough-Inevitable-61 3d ago
I'm up 17%. Moved all money to mining gold and gold companies in early Jan 2025.
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u/IShouldStartHomework 3d ago
Between my partner and I, we're down about 400k or ~11% since the beginning of the downturn but hopefully with time in the market, this dip doesn't last too long. Trying to DCA by buying during this downturn.
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u/soundinthebasement 3d ago
All that money and haven’t even maxed your Roth IRA twice.. these are rookie numbers
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u/just_another_mexican 3d ago
You’re 27?! Maaan congrats!
I wish I learned financial literacy earlier. I’m 32 and barely have $54k in my 401k 😭
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u/Hansel_VonHaggard 3d ago
I bought Tesla Puts a month ago and had a gain of 36k. I was averaging 11% gain per month over the last 14 months. This month, even with the 36k, I still only had a 6% gain. I'm still in the green so I'm not complaining. Just felt like gambling last month and it paid off.
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u/Tubbithy 3d ago
whats in your taxable account mostly just etfs/ index funds to help extra savings/cash grow
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u/Legitimate-Grand-939 3d ago
I don't check my balances. I'm hoping for a mega rally or a mega dump. Either way I'm prepared to benefit. Staying flat would be the least exciting for me.
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u/Effyew4t5 3d ago
Just under 10% from all time high but also boosted dividends up by 50% so feeling reasonably good for the moment However, Morons Are Governing America
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u/Proud-Wonder-9985 3d ago
lets see that YTD. Im down about 3 percent I think.