Do you own any stock?

Do you own any stock? If so, how has the recent economic status affected you? Have you pulled your money out? How much did you lose?

Personally, I have some money in mutual funds and obviously it has dropped significantly lately. It has always been my strategy to rarely even look at it, and always leaving it alone, putting into the account regularly. However, I'm having second thoughts now.

Let's hear your situation.

Jam it back in, in the dark.

Originally Posted by zzeroparticle

As expected, my portfolio has been battered pretty hard, but rather than selling, I'm looking to throw more money into the market to take advantage of these lower prices. Seeing that my time horizon for this is going to be really long-term (30 years), I'm not altogether too worried about the recent market decline and as long as I've got a steady stream of income coming in, I'll continue to add more into my portfolio.

The biggest thing on my mind regarding this economic crisis is whether or not I should pour more money into it. It would be a great thing if we have hit bottom and the market will turn around, or the alternative is it can go even lower. There's no way to tell... but I think I'm going to put more in as well.

Originally Posted by Denicalis

I managed to pull out most of my funds before the huge drop in numbers, and then bought back in when the plunge happened. I'm young, and I've got no problem working long term.

Wow, how did you get your timing so perfect?? My first thought after the market dropped 700 points was "if only I could go back in time and sell right before, and buy right now". I don't know how you managed that! Congrats.

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