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Not sure I really want an answer, but for the run-of-the-mill "managed" ("index"?) portfolio invested in safe/moderate stocks, what are the current losses, percentage-wise?
Asking for a retired friend who got nowhere with Google.
Currently the S&P 500 is down by about 16% from it’s last high - but the numbers change on almost a daily basis, as the market has been exceptionally volatile recently (which is typical of bear markets). You can read more here: https://awealthofcommonsense.com/202...-manic-market/
I don't know about the general market of investors, but my personal equities portfolio (moderately conservative mutual funds of various market segments) took a major hit during the height of the virus crisis, leaving them at the low point 69% of their previous peak value. It has now recovered to the point where my balances are at 88% of their high point, which was immediately prior to the virus. I'm just a buy and hold type person. I know the market is a roller coaster that you just have to stay on, and hold on tight.
Not sure I really want an answer, but for the run-of-the-mill "managed" ("index"?) portfolio invested in safe/moderate stocks, what are the current losses, percentage-wise?
Asking for a retired friend who got nowhere with Google.
Many portfolios are indexed to the S&P 500. A common index fund is SPY. That peaked at 336.95 on Feb 20. It closed at 282.53 on May 1. That's a decline of 16.15%
I don't think we're done yet. Bear markets usually have many reversals; i.e. bull traps.
This economy had many service jobs in restaurants, hotels, transportation, entertainment, and sporting events that will not come back for a long time.
If I had to guess about the stock market, I'd guess it'll go below the March lows before it finds a bottom.
Pick any date in the past and compare to current price. That will tell you the change for the index you have. You should be a buy and hold investor and a 20 or 30% loss should not matter.
Not sure I really want an answer, but for the run-of-the-mill "managed" ("index"?) portfolio invested in safe/moderate stocks, what are the current losses, percentage-wise?
Asking for a retired friend who got nowhere with Google.
Not saying its you , but if a buyer is worried before they get in, it might be wiser to stay out.
Its like worrying how much money you're going to lose in Vegas, maybe best to not go there.
I bought stocks years ago, 30 years actually, I haven't looked at them for over 20 yrs.
I don't think we're done yet. Bear markets usually have many reversals; i.e. bull traps.
This economy had many service jobs in restaurants, hotels, transportation, entertainment, and sporting events that will not come back for a long time.
If I had to guess about the stock market, I'd guess it'll go below the March lows before it finds a bottom.
This is pretty much my feeling too, if not below it may retest the March low perhaps when corporate earnings are reported in July. Businesses are withering right now. But the X Factor is the potential vaccine success & the expected return of corona contagion this autumn/winter. Oh, and throw a Presidential & Senate election into that mix, it's going to be an interesting market to watch.
Not sure I really want an answer, but for the run-of-the-mill "managed" ("index"?) portfolio invested in safe/moderate stocks, what are the current losses, percentage-wise?
Asking for a retired friend who got nowhere with Google.
Scary stuff, isn't it?
I can't really answer your question, but I sure will encourage everyone to get all your "stuff" paid for and have cash in the bank.
Retire debt free if you possibly can. Keep working if you need to and are able.
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