Stock holders - how much did you lose so far this year?

[Argo]

So far I'm down 14%, and that's considering 2 of my stocks have risen since the beginning of the year. My worst pick so far has been ORCL, lost lots of money on it.

The funny thing - my 401k is at the same level as the beginning of the year. But that's because of the monthly contributions

 

[spidey07]

I'm still up about 6% overall for the year.

401k is up 2%

 

[kranky]

My 401k is up about 4% this year.

 

[isasir]

My 401k is down 0.19% for the year so far.

 

[Armitage]

I'm doing OK. My Boeing is finally back in the black!

 

[LeadMagnet]

Buy now while everything is cheap, companies like Oracle and Boeing will be nice stocks to own in 5 years. Just think of your 401k as giving you more bang for your buck right now, it's very long term anyways.

 

[Argo]

I was actually talking more about standard stocks, rather that 401k or other mutual funds. But glad to hear you guys are doing ok.

 

[pyonir]

I got discounted company stock at my last company and I'm still up over 50%.

 

[DaveSimmons]

I prefer to spread the risk and buy S & P 500 fund shares instead of individual stocks, so at the moment those shares are down slightly from the start of the year.

Like LeadMagnet says this is a good time to buy during the dip. Vanguard's VFINX is a better choice for most people than gambling on individual stocks.

 

[welst10]

oh man, I just checked my 401K. Since Jan 1 this year, the return (not including monthly contributions) is -2%. Most of loss occurred in July. I lost $1000 in July alone.

 

[isasir]

Originally posted by: Argo
I was actually talking more about standard stocks, rather that 401k or other mutual funds. But glad to hear you guys are doing ok.

Don't own any of those, but felt like replying to this thread anyways. It actually reminded me that I hadn't checked my rate of return in awhile.

 

[gigapet]

sounds liuke some of you need to explore the meaning of the word "diversification"

 

[pyonir]

Originally posted by: gigapet
sounds liuke some of you need to explore the meaning of the word "diversification"

:thumbsup:

 

[welst10]

Originally posted by: gigapet
sounds liuke some of you need to explore the meaning of the word "diversification"

Actually my 401K is quite diverse. 35% in large cap, 30% in small cap, 15% in bonds/CDs, 12% international, 8% in emerging markets. The stock mutual funds have been losing money this year.

 

[kranky]

I'm not willing to invest in individual stocks until I can spread money across 10 of them. It's too much like gambling to buy a small handful of stocks. So until then, I'm sticking to mutual funds.