Same. I’m also invested quite a bit now. I’m actually selling some stuff (clothing, electronics) so that I can buy some more cheap stocks later down the road.
But this is just so fucking awesome to watch. I’m glad I’m witnessing this. I think we’re going to be telling our grandchilds about this.
What makes the whole thing endurable is the fact that we are all in the same boat. It’s not a personal loss, you didn’t lose money in the casino, it’s a loss for everybody.
It’s only a loss to the ones who sold. You still hold exactly the same assets as you held last week.
edit:
first shopping for the day done
FRA:SXR7 @ 102.06
EPA:CEC @ 16.41
Let’s see how this develops thoughout the day 
Will report in the evening.
Paper profits paper losses.
I would rephrase that if I were you. People aere dying in the thousands and the infections are ramping up exponentially. Sure here we talk about investments, but the epidemic is and will be impacting people in deeper ways than their portfolio’s return…
Lol, how much is that stuff worth? If I sold all my physical possessions, it would not be worth more than 5k. You can’t be serious? You’re selling your worn out Gucci sweater and Louis Vuitton underpants to buy some discounted stock? 
You’re right, I haven’t worded it correctly.
Of course, the virus itself is horrible - there’s no discussion about that.
But what I think is exciting is the impact on the economy. Not even only on the stock market. Also the security measurements taken at my workplace or people emptying the Migros shelves…
I’m 35. My 10 years worth of savings is in hands of Mr. Market. Assuming I have another ~2 decades of work life ahead of me, it’s a hard, painful, but very valuable lesson in asset allocation. The only saving grace is that I don’t need this money for long long time.
Well there are some quite expensive pieces. Bought those back in my non-frogal times. I won’t be losing money on them though so at least that’s good.
It won’t be that much that I’m accumulating BUT i have a good reason to finally get rid of that stuff. I’ve been wanting to make these lifestyle changes for a long time and now’s the perfect time to do so.
EDIT: And I’ve just received an email from VIAC stating that they’ve received my transfer. Let’s hope that markets stay low until the next rebalancing day 
It’s exciting as long as you watch the news coverage, use hand sanitizers, see pharmacies with signs “face masks sold out”, but it does not directly affect you. It feels like a movie. It will stop being exciting once they forbid us to go out except to work (already happening in Italy) and lock whole cities (also Italy).
Alright. It’s still hard to believe you won’t lose much money (vs store price). Electronics and clothes are quickly depreciating products. Unless you talk about jewellery or some collectible limited edition luxury apparel like a rolex watch, LV bag etc.
I’m not going to open my brokerage account today.
Hopefully now you feel a little less bad about your move to sell in the fall
Well it seems like I have to pay my inactivity fees at IB for a bit longer than I anticipated.
Why not? I guess it will be a great day to DCA back into the market again.
Checking my IB account a few minutes ago, we are “only” back to Feb 19 levels now.
Interesting times indeed. And a good test for everyone’s personal asset allocation (aka “I’m 100% invested in stocks”).
I’ll wait to keep buying. I see the futures for my SP500 fund at the level I was happily buying thinking to get a bargain in the fall of 2018.
Yeah, but I’ve already repurchased ~70k USD in last 20 days, and I’m biting my fingers
I see your username has a “Starter” in it…
Yes, I’m not very creative with names… I knew about FIRE long before there was the name, and I waited way too many years on the sideline. And of course you have a lot more money to loose than I do!
Still, DC-averaging only works in markets who are falling, so I’m happy to see a correction.
Good thing is I have a bunch of money I can’t access at the moment, but have to wait until annual accounting is done for my company. That can be good or bad. We’ll know in a few months
That’s ok. Nobody will be able to predict how low the markets will go. But if you’re already biting your fingers, you might have repurchased too much
for the record: i just went into gold with a bigger position. i think we will get to 2000 in the s&p 500… so better prices ahead. let’s see.
(check out shell … wild chart!)
