MRROUGHSEX Posted September 3, 2020 Share Posted September 3, 2020 There's blood on the streets. Quote Link to comment
MRROUGHSEX Posted September 3, 2020 Share Posted September 3, 2020 (edited) Guys, I lost $4K today or Php200K. This is the equivalent of 1 month's worth of trading gain slayed in 1 day. Brutal? Yes. BUT, I am happy. Coz you know what that means? Yessir, Discounts Galore. Namiss ko na itong Discounts. This is really where I earn. Buying at cheaper prices. As always, I will document here how I recover that $4K loss in the hope of curing guys who have fear of losing money in stocks. The plan is simple: Buy more when discounts are high. Cheers! Edited September 3, 2020 by MRROUGHSEX Quote Link to comment
MRROUGHSEX Posted September 4, 2020 Share Posted September 4, 2020 Guys here is the loss of $4.2K in one day. From 38.7. To 34.5 Yehey!! Celebration! Celebration! Remember our philoshopy! We look at losses at happier times in long-term investing because it is opportunity to buy low. Anytime you get a chance to buy low is a big boost to your future eanings. And as it just so happens, today is paycheck day for me so give me the Discounts! Quote Link to comment
MRROUGHSEX Posted September 4, 2020 Share Posted September 4, 2020 Patuloy pa rin Discounts today guys. So my total loss so far went up to -$5.8K from yesterday's -$4.2K. But with some selling of good performing stocks and buying of cheapened stocks, IF the market goes back up to its highest point today, not only will I gain all -$5.8K losses BUT I will also GAIN +$4.0K. So every day na tumatagal itong pag recover, the more my GAIN will increase kasi the more opportunity to buy at cheaper prices. Let the GOOD TIMES ROLL!! Quote Link to comment
MRROUGHSEX Posted September 4, 2020 Share Posted September 4, 2020 (edited) Just to put things in context, my biggest loss was during the 2009 armageddon where I lost $30K or Php1.5 Million within 1.5 year, representing 40% of my savings at the time. I was depressed because it ate up my money for downpayment for the house I am going to buy that year. I thought with the market already down big, if I put my "saved downpayment" money into stock, I could earn some from it. Little did I know it was an armageddon year and stocks were just going down every day, week, month. Just this year, I lost $25K within 1.5 months (!) due to Covid pandemic from Feb-Mar. Having experioed big losses like that AND knowing that I recovered all of it over time makes me this kind of investor I am today. Buy and buy. You only start selling when you age to 55 and it is a gradual sell of say, 10% a year of your portfolio until it is down to say 40% stocks 60% cash. Edited September 4, 2020 by MRROUGHSEX Quote Link to comment
MRROUGHSEX Posted September 4, 2020 Share Posted September 4, 2020 My losses now -$7.1K. I tried to be conservative a bit and now I am looking at just about +$1.7K GAIN pag bawi ng market. I call this phase as Market Irritation. Nakaka-irita kasi. LOL. It's that phase where malaki lugi mo bigla. Wait lang nating settling down OR if it continues to slide down, then buy some more. Quote Link to comment
MRROUGHSEX Posted September 4, 2020 Share Posted September 4, 2020 Market closed and I was able to trim my losses from -$7.1K to -$4.4K. If the market recovers back to its high point, I would recover all losses plus a gain of +$2.2K. Basically my foreign stocks and gold went up and covered some of the drop from US stocks and bonds. Well, as the stocks were getting decimated, I went and bought some more at discounted rates! That is why I see a gain of +$2.2K when all these go back to full recovery. Pretty cool right? Now you know why I prefer stocks to go down. LOL. Like I said, there are only 2 emotions to investing. Happy when it goes up, and Happier when it goes down. Quote Link to comment
MRROUGHSEX Posted September 8, 2020 Share Posted September 8, 2020 Non-Retirement My 2020 Scoreboard as of 20200904: Year-to-Date gain of $34.4K or Php1.72M. Quote Link to comment
MRROUGHSEX Posted September 8, 2020 Share Posted September 8, 2020 7% Discount guys! Buy na! Quote Link to comment
MRROUGHSEX Posted September 9, 2020 Share Posted September 9, 2020 Sweldo na sa Viernes mga tsong at tsang! Woohoo. Shopping time with Big Discounts! 2 tulog na lang. Nakakainggit sa Pinas, super ang discounts ninyo dyan. Do you know I prefer investing there? Kasi the longer the time it takes to recover back to previous high, the more one can gain. Kaya I invest also sa Pinas stock market as part of my international funds. Quote Link to comment
MRROUGHSEX Posted September 9, 2020 Share Posted September 9, 2020 Non-retirement Down to $28.9K. Yehey!! Quote Link to comment
MRROUGHSEX Posted September 9, 2020 Share Posted September 9, 2020 Non-Retirement For 2H of the Year My profit goal this year is $770 per week. 10 weeks so far this 2H of year so $770 x 10 = $7.7K Target Profit YTDActual 10 weeks 2H YTD Profit = -$1.1K.Analysis: -$1.1K NOT > $7.7KConclusion: MRS NOT Beating the Target Non-Retirement My 2020 Scoreboard as of 20200908: Year-to-Date gain of $28.9K or Php1.44M. Quote Link to comment
MRROUGHSEX Posted September 10, 2020 Share Posted September 10, 2020 Non-Retirement My 2020 Scoreboard as of 20200909: Year-to-Date gain of $32.0K or Php1.60M. Quote Link to comment
MRROUGHSEX Posted September 11, 2020 Share Posted September 11, 2020 Woohoooo discounts anew!!! Quote Link to comment
MRROUGHSEX Posted September 14, 2020 Share Posted September 14, 2020 (edited) Non-Retirement My 2020 Scoreboard as of 20200913: Year-to-Date gain of $29.1K or Php1.45M. I am introducing this - my projected profit when market fully recovers The analysis is, the longer the down - the larger the gain the bigger the down - the larger the gain Current drop: 8.5% Projected Gain at full recovery: $2.6K Edited September 14, 2020 by MRROUGHSEX Quote Link to comment
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