Registered: May 2008
Location: The Pacific Northwest, of course
I suck lol... The drop yesterday killed me, and I am still in the red this morning/afternoon.
LONG INVESTMENTS
SHARES
COST/ SHARE
ORIG. COST
WS ADJ
CLOSING PRICE
CLOSING MKT. VALUE
SHORT TERM GAIN/LOSS
LONG TERM GAIN/LOSS
% CHANGE
COLUMBIA BKG SYS INC (COLB)
70
5.48
383.60
8.46
592.20
208.60
54.38
FORD MTR CO (F)
25
4.54
113.50
3.69
92.25
-21.25
-18.72
RAINIER PACIFIC FINANCIAL G (RPFG)
60
1.5567
93.40
0.80
48.00
-45.40
-48.61
WASHINGTON MUTUAL INC 0.000 (WAMKQ)
500
0.2050
102.48
0.1750
87.50
-14.98
-14.62
WASHINGTON MUTUAL INC (WAMUQ)
8,950
0.0575
512.85
1.53
0.0525
469.88
-44.51
-8.65
Total
1,205.83
1.53
1,289.83
82.47
6.83
Apr-21-2009 18:16
jerZ07002
Supreme tranceaddict
Registered: Dec 2006
Location:
quote:
Originally posted by Joss Weatherby
I suck lol... The drop yesterday killed me, and I am still in the red this morning/afternoon.
fortunately you're only playing with 1200 bucks. In December I lost $5k in about a week, so I decided to sit on the sidelines until things calm down.
Apr-21-2009 19:18
Shakka
Supreme tranceaddict
Registered: Feb 2003
Location:
quote:
Originally posted by jerZ07002
fortunately you're only playing with 1200 bucks. In December I lost $5k in about a week, so I decided to sit on the sidelines until things calm down.
I lost over $5M yesterday.
....but it wasn't all my money.
Apr-21-2009 19:32
Joss Weatherby
Banned
Registered: May 2008
Location: The Pacific Northwest, of course
quote:
Originally posted by jerZ07002
fortunately you're only playing with 1200 bucks. In December I lost $5k in about a week, so I decided to sit on the sidelines until things calm down.
Ya, and now that I'm living on limited income, its not going to get much bigger anytime soon.
Unless I dip into my 401k, but even if I'm only 23 thats probably a bad idea.
Apr-21-2009 19:34
jerZ07002
Supreme tranceaddict
Registered: Dec 2006
Location:
quote:
Originally posted by Shakka
I lost over $5M yesterday.
....but it wasn't all my money.
I knew you were going to say something.
The hit was directly and entirely to my bank account (not a reduction in a gain). It was painful to watch unfold in such a short period. Although I'm glad I made the move to solidify my losses because i would be down something like 12K+ at this point. As soon as I made my purchases the stocks plummeted.
Apr-21-2009 19:36
jerZ07002
Supreme tranceaddict
Registered: Dec 2006
Location:
quote:
Originally posted by Joss Weatherby
Ya, and now that I'm living on limited income, its not going to get much bigger anytime soon.
Unless I dip into my 401k, but even if I'm only 23 thats probably a bad idea.
401K at 23! Unless you're getting a nice matching contribution from your employer, 401Ks suck! there are too many restrictions.
Apr-21-2009 19:47
Joss Weatherby
Banned
Registered: May 2008
Location: The Pacific Northwest, of course
quote:
Originally posted by jerZ07002
401K at 23! Unless you're getting a nice matching contribution from your employer, 401Ks suck! there are too many restrictions.
no match, and i lost my job yesterday
Apr-21-2009 19:48
Shakka
Supreme tranceaddict
Registered: Feb 2003
Location:
quote:
Originally posted by jerZ07002
I knew you were going to say something.
Just putting it all in perspective. It's nauseating to think of it in dollar terms...gotta train the mind to think in percentages.
Apr-21-2009 19:55
jerZ07002
Supreme tranceaddict
Registered: Dec 2006
Location:
quote:
Originally posted by Joss Weatherby
no match, and i lost my job yesterday
ouch dude - sorry to hear that. That's exactly why 401Ks suck! That money would be easily accessible if it was in an IRA or just your bank account. I don't know all the rules for 401Ks, but the withdrawal rules are burdensome and difficult. Plus, the 10% penalty is a real bitch. Since you lost your job you can't even take out a loan from the plan.
If you don't get a matching contribution you should NEVER NEVER NEVER contribute to a 401K.
Apr-21-2009 19:56
Joss Weatherby
Banned
Registered: May 2008
Location: The Pacific Northwest, of course
quote:
Originally posted by jerZ07002
ouch dude - sorry to hear that. That's exactly why 401Ks suck! That money would be easily accessible if it was in an IRA or just your bank account. I don't know all the rules for 401Ks, but the withdrawal rules are burdensome and difficult. Plus, the 10% penalty is a real bitch. Since you lost your job you can't even take out a loan from the plan.
If you don't get a matching contribution you should NEVER NEVER NEVER contribute to a 401K.
Really? I can't take it out until its under another employers plan huh?
Thats pretty lame.
Oh well...
I don't mind losing my job, it sucked rocks. Fired or quit, one was going to happen eventually, and I got fired, so at least I can collect unemployement insurance. Thats a PITA though so I'm going to get in school ASAP and make my family foot the bill for my expenses...
Apr-21-2009 21:04
hiram
vrooom!
Registered: May 2005
Location: Miami, United States
thoughts on Lockheed Martin (LMT) anyone? nice dividend and bounced off support at 70 and could break through 80. no guilt for investing in war machines.
___________________
Apr-22-2009 05:50
sean5
Suspended User
Registered: Nov 2005
Location: United States
quote:
Originally posted by Joss Weatherby
Really? I can't take it out until its under another employers plan huh?
Thats pretty lame.
Oh well...
I don't mind losing my job, it sucked rocks. Fired or quit, one was going to happen eventually, and I got fired, so at least I can collect unemployement insurance. Thats a PITA though so I'm going to get in school ASAP and make my family foot the bill for my expenses...
The drop yesterday killed me, and I am still in the red this morning/afternoon.
