January 20, 201610 yr I'm losing money on the Acorns app :lol2: I'm down $0.41 in 2 days!!! EVERYTHING is down this year. It's been a bloodbath. I'd be looking to add to my strong positions if you have the funds laying around.
January 20, 201610 yr EVERYTHING is down this year. It's been a bloodbath. I'd be looking to add to my strong positions if you have the funds laying around. Down is being kind.
January 20, 201610 yr Down is being kind. Yeah no kidding, I try not to get too upset over it considering I won't be retiring for another 30 years.
January 20, 201610 yr Author EVERYTHING is down this year. It's been a bloodbath. I'd be looking to add to my strong positions if you have the funds laying around. What do you mean by strong positions?
January 20, 201610 yr What do you mean by strong positions? He's talking about the stock market. For example, I have a decent number of shares in Apple. It's way down. It is a good time to buy if you're "long" i.e. you believe there is growth ahead and it's a good stock to own. You can buy relatively cheaply.
January 20, 201610 yr Author Ok, I got you. I'm not going to give up on it. In the long run, it'll rebound.
January 20, 201610 yr He's talking about the stock market. For example, I have a decent number of shares in Apple. It's way down. It is a good time to buy if you're "long" i.e. you believe there is growth ahead and it's a good stock to own. You can buy relatively cheaply. Yep, with the assumption you plan to hold for years to come. :thumb:
January 20, 201610 yr Down is being kind. 20% crash? Who knows how long it could take to get 20% back if so.
January 20, 201610 yr 20% crash? Who knows how long it could talk to get 20% back if so. Selfishly, I'm not concerned about the market as a whole. I'm concerned with a few select stocks.
January 20, 201610 yr Selfishly' date=' I'm not concerned about the market as a whole. I'm concerned with a few select stocks.[/quote'] Kind of agree, particularly energy stocks. I've lost thousands of dollars this month but it could have been worse.
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