Stock Market/Investing/Day Trading/Speculative Trading Thread

[iruletheskool]

My traditional Ira has taking a huge hit past month. Should I sell/move the funds that are in it? I don’t have much in it right now. It was a roll over from my other job three years ago. But at the end of 2024 I was sitting at about 6k + in unrealized gains. Cumulative time weighted return was > 14%

Now my unrealized is slightly hirer than 3k and cumulative return is barely 9%


I haven’t put anything in it. New employer is government cash balance pension. And I have been paying debt off, but now plan to start maxing out this year.

I don’t know shit about investments and retirement accounts other than the max contribution limit for a 28 yearold

Am I overreacting and should just let shit play out? Or sell now and keep the cash in the account to see if they drop further ? Give me advice like I’m 5 lol

Don't even look at it if it causes you to panic, hodl

 

[Dr.DrakeRamoray]

My traditional Ira has taking a huge hit past month. Should I sell/move the funds that are in it? I don’t have much in it right now. It was a roll over from my other job three years ago. But at the end of 2024 I was sitting at about 6k + in unrealized gains. Cumulative time weighted return was > 14%

Now my unrealized is slightly hirer than 3k and cumulative return is barely 9%


I haven’t put anything in it. New employer is government cash balance pension. And I have been paying debt off, but now plan to start maxing out this year.

I don’t know shit about investments and retirement accounts other than the max contribution limit for a 28 yearold

Am I overreacting and should just let shit play out? Or sell now and keep the cash in the account to see if they drop further ? Give me advice like I’m 5 lol

Don’t touch it, IRA is a long play for you in your 60s. Let the market play out.


A VERY simpleton look at it is this


Looking at the market short term always looks like this:



Looking at it long term it’s this

 

[herbsinator]

My traditional Ira has taking a huge hit past month. Should I sell/move the funds that are in it? I don’t have much in it right now. It was a roll over from my other job three years ago. But at the end of 2024 I was sitting at about 6k + in unrealized gains. Cumulative time weighted return was > 14%

Now my unrealized is slightly hirer than 3k and cumulative return is barely 9%


I haven’t put anything in it. New employer is government cash balance pension. And I have been paying debt off, but now plan to start maxing out this year.

I don’t know shit about investments and retirement accounts other than the max contribution limit for a 28 yearold

Am I overreacting and should just let shit play out? Or sell now and keep the cash in the account to see if they drop further ? Give me advice like I’m 5 lol

Time in the market > timing the market

 

[Frogsker30]

Thanks all!

I try to read books on this stuff but layman explains it better.

 

[2010sarenevercomingback]

Thanks all!

I try to read books on this stuff but layman explains it better.

Check the ding thread for the true laymen.

 

[Dell Husker]

How many of you guys were following the market exactly 5 years ago from today? Saw some crazy 💩

That’s how I got into investing. Had no clue what I was doing. Admittedly am younger but had little dollars to invest. Downloaded Robinhood and the rest is history. Like to think I’m a solid long term investor now. That period really opened up a good mindset for me

 

[Toe]

"I'm insulted that you pointed out that how dumb I am."