How much did you lose in the stock market?

MiniThug

Golden Member
Sep 10, 2000
1,057
0
0
Im down about 25% but I only had a couple of G's in the market, hopefully it will turn around. At first it was spread around and I lost quite a bit but Ive been doing better now that Ive got my money on AMD.
 

casimec

Senior member
Mar 15, 2000
752
0
0
-48% that's not too bad :confused:
NOw i have too wait a little more to get my money back.
 

Imported

Lifer
Sep 2, 2000
14,679
23
81
Alot.. Lets just say, a $40 stock is down to $15, a $25 stock is down to a $1.50, and a $70 stock is down to around $50. :(
 

goodoptics

Platinum Member
Aug 18, 2000
2,652
0
0
philosopher, did you lose $0 or you have a $0 balance???
anyway, i'm down about 15% but i only have about 3G in the market.
 

NutBucket

Lifer
Aug 30, 2000
27,119
613
126
I lost 1900%, approximately, on one particular stock. Luckily I only spent $625 buying it. But my other main holidng, Intel, has dropped from its peak, double of what I paid for it, back down to what I paid, but in that time it also split. I'm still doing my part to sell ppl Intels though. :)
 

jaydee

Diamond Member
May 6, 2000
4,500
3
81
I'm just a fantasy SM guy here ;) I went from $100k up to $147k and down to $96k and now I'm hovering around $115k in the past 2 1/2 months.
 

Doggiedog

Lifer
Aug 17, 2000
12,780
5
81
How on earth can you lose 1900% on a stock?

There is no way you could have been that leveraged.
 

stonerdave

Golden Member
Jul 26, 2000
1,110
0
0
i bought a wireless stock when it was $8/share last summer, saw it reach 22 within weeks, then crash back down to 8 months later. now it's around 1 1/2.

i guess i should be pissed (i was for a while) but i only put down $800.
 

woodie1

Diamond Member
Mar 7, 2000
5,947
0
0
I moved some money into bonds in September. Down about $44k in my stocks.

Glad I can live off the bond interest.
 

happykitten

Golden Member
Feb 6, 2001
1,364
0
0
After the initial slaughter (I'd prefer not to go into detail... *sigh*), I sold everything I had and picked up what I thought was a good stock at a good price (LU@$15). That, too, slipped... it's currently at 12.34. :(
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
I almost started getting into stocks this year until it was made apparent to me that most professional traders don't do much better than a decent mutual fund - so why would I think that I could? Instead I've thrown all of my investment money into a fund which is historically getting 10% (actually its the one my dad uses, I'm looking for a more aggressive one given my young age). Even though the TSE (Canadian equiv of DJones) has lost 20% I've lost only about 5% so I'm very impressed with it. I'm also going to pick up a mutual fund which is mainly in US companies soon.

Trading in stocks is fun and I'll do it in the future with play around money (ie, not much), but for people who have lost a whole whack of money it sucks, but really what were you expecting? There is a reason why we have professionals for this..and also a reason why most people get a lot of money by picking a decent mutual fund and just ignoring it. Boring yes, good for money growth also yes. The people who had their retirement funds in tech stocks...damn, you had it coming for Christ's sake!
 

Delusion2001

Banned
Feb 13, 2001
1,370
0
0
-40%........cuz i listened to my bro. DANGIT! lol. i could have doubled my money in 2 days if i listened to myself :( oh well
 

cyclistca

Platinum Member
Dec 5, 2000
2,885
11
81
Out of pocket nothing. On paper quite a bit as I have a large holding in a certain Canadian high tech company. I not worried as I'm in the market for the long term.
 

Midnight Rambler

Diamond Member
Oct 9, 1999
4,200
0
0
Well, just for starters, I own 2K shares each of INTC and CSCO, each very long term, many splits in each (owned CSCO since day one), plus I DRIP'd some in them to even up the number of shares. I'm still way, way ahead on these, yet if I were to be myopic and look at the short term I have "lost" an obscene amount of profit/money. But selling would have cost me 20%, and I made some up with some good option calls.

Most of my other semiconductor/telecom/network stocks are in the tanks obviously, as are my Index And Unit Trust (mostly high growth) Funds . Q has held up reasonably well, that's about it.

My GM stock is down, but long term way up (they used to match dollar for dollar when buying ;)), and as much as people villified Roger Smith, buying Hughes (now GMH) was darn smart !

I did make one good buy in 2000. Phillip Morris at 19! My Merrill broker tried everything to convince me not to buy at the time, their rating on it was basically "avoid". Shows what they know ... ;)
 

amdskip

Lifer
Jan 6, 2001
22,530
13
81
about $2000 for a money needing 18 year old high school senior. My dad's idea to put it in the company after I had pulled it out and made about $600. He thought it could go higher:(
 

dwil

Golden Member
Oct 9, 1999
1,384
0
0
Have options in my company. They went down from $500k over 4 years (2 yrs into options) to, umm lemme see. $0


Anyone wanna buy from my FS/FT thread???