Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

PJMcK

(24,541 posts)

13. The stock market rarely makes sense

Reply to a kennedy (Original post)

Thu Jan 28, 2021, 01:01 PM

Jan 2021

When the pandemic hit, my portfolio lost 25%. Two months later it had recovered and advanced 5%! Really, nothing had changed for that kind of swing

Yesterday, while the Dow plunged, I “earned” about $300. I’ll never understand why these things happen but one thing i know is that in the long run, the markets always go up. Ergo, patience is a virtue!

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

20 replies

= new reply since forum marked as read

Highlight:

OMGAWD......THE DOW IS UP 600 points...... [View all] a kennedy Jan 2021 OP

You, like I, should not be a trader, haha arlyellowdog Jan 2021 #1

I should be a tool used by short sellers. I buy a stock and it's guaranteed to go down. Squinch Jan 2021 #2

Did you buy anything today? jmbar2 Jan 2021 #4

I have an "old people" Thrift Savings account arlyellowdog Jan 2021 #6

Did you get Green Stamps with that? jmbar2 Jan 2021 #8

Haaaaa! greenjar_01 Jan 2021 #3

One of my favorites........ a kennedy Jan 2021 #16

Anybody who tries to predict what a mob will do next Warpy Jan 2021 #5

Haha hahaha all this ass hattery is hi fucking larious MyNameGoesHere Jan 2021 #7

The economy at the start of every presidency mostly reflects the previous presidency Clash City Rocker Jan 2021 #9

I assume you are not putting a graph forward to prove your former9thward Jan 2021 #17

Ya, a barrel of laughs alright... Disaffected Jan 2021 #10

This event is worrisome to me. jmbar2 Jan 2021 #11

Ohhh, what did the reddit kids do now? FSogol Jan 2021 #12

The stock market rarely makes sense PJMcK Jan 2021 #13

This is so weird. ananda Jan 2021 #14

Personally, I think you should post once for every 10-point change, up or down Silent3 Jan 2021 #15

All around the carpenters bench .... Kablooie Jan 2021 #18

Give you the advice I gave back when I ran a stock watch thread Maeve Jan 2021 #19

Know what I did yesterday when the market plunged? Nothing brooklynite Jan 2021 #20