ruffdog
Super Star Member
- Joined
- Dec 31, 2011
- Messages
- 10,662
- Location
- southern wisconsin
- Tractor
- Bobcat Toolcat 5610G, Deere X744, Cub Cadet IH 982
The value of the dollar is also down 10% YTD.
I would say a better plan is to put together a plan that makes sense for you and stick with it. Re-assess it once a year or so to see if a particular investment still makes sense but the market is a long game.
Trying to time the market is for fools. Not every stock that's down is a bargain.
Or the stick goes to zero and is delisted…You don't lose money unless you sell it, and you don't make money unless you sell it. Your statements are no more than a snapshot in time. A week from now, things could be better or worse.
Last Friday the S&P hit an all time high. Doesn't mean your portfolio should've hit an all time high, based on your investment diversification and risk that you've chosen.
I look at the charts of the things I buy, and follow the trend. If the trend is downward, then stay away, sell it, or don't buy more until it shows a reversal. If the trend is upward, I buy more on any pull backs. It's not complicated.
I just checked my relatively mainstream portfolio of mutual funds and I'm seeing a healthy gain for the quarter, for the year to date and for the year over year. Hard to imagine how one would have a 20% loss.