1982vett":16zlr99v said:
Wouldn't say that..... used to own a chunk of intel. Picking stocks never really worked for me.
Our portfolio is made up of mutual funds and etf's. Bonds were off a bit (rising interest rates) and international funds are off 10% or more (trade policy turmoil). US stock funds were....were being the operative since I haven't studied the damage the past week.....were up 5 to 8% on the year. Portfolio is off its high about 4.5%.
Then your investments are doing about what the rest of the market is doing. (actually, maybe even a few decimal points worse)
As of yesterday's close:
"For the week, the Dow is down 4.1%, the S&P has lost 4.1% and the Nasdaq is down 4%."
But, a 4-5% correction is neither unusual or necessarily a bad thing. Ever growing stock bubbles are much worse.
The markets are doing a little better this morning but hard to say if the gains will hold thru the day.