Am I about to lose all my money?

"TheJWT" (thejwt) 11/09/2016 at 00:16 • Filed to: None

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I invested most of the money I had saved up a few weeks ago. Am I fucked?

Axial > TheJWT 11/09/2016 at 00:17

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Depends on where and how you invested it.

RallyDarkstrike - Fan of 2-cyl FIATs, Eastern Bloc & Kei cars > TheJWT 11/09/2016 at 00:18

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The markets are changing a lot....best of luck mate!

Patrick Nichols > TheJWT 11/09/2016 at 00:18

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Roommate is a trader, he’s says yeah probably...

Jayhawk Jake > TheJWT 11/09/2016 at 00:18

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Depends....did you invest in gold? I did....

Nibby > TheJWT 11/09/2016 at 00:19

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Did you invest your money on Ford Tempos? If so, you struck GOLD!

TheJWT > Axial 11/09/2016 at 00:19

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Large cap mutual fund through Wells Fargo

Jagvar > TheJWT 11/09/2016 at 00:19

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I work in the housing market. I’m deeply concerned about losing my job.

MasterMario - Keeper of the V8s > TheJWT 11/09/2016 at 00:20

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Just leave it be. You’ll get it back in due time. The market always comes back

pip bip - choose Corrour > TheJWT 11/09/2016 at 00:20

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yup.

TheJWT > Nibby 11/09/2016 at 00:20

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Fuck, I knew I should’ve taken that advice

Noah - Now with more boost. > TheJWT 11/09/2016 at 00:20

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Probably for a while yeah. depends on how crazy his trade policy is

nermal > TheJWT 11/09/2016 at 00:24

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That’s pretty much a one way ticket to bone town. Sorry!

TheJWT > nermal 11/09/2016 at 00:25

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Lovely.

Axial > TheJWT 11/09/2016 at 00:28

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I mean, I’m not an expert, but that sounds like it would depends more on what the fund shareholders do than who the next PotUS is, assuming you are worried about the impact the election will have on your holdings.

Dr. Zoidberg - RIP Oppo > Jagvar 11/09/2016 at 00:32

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Yes, having a president that hates a minority group that builds most new construction is probably not good for business.

Jcarr > TheJWT 11/09/2016 at 00:32

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You’ll be fine, don’t worry.

AntiSpeed > TheJWT 11/09/2016 at 00:38

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I don’t know much about investing but I think the rule is that you haven’t lost money until you sell. So if you take a huge hit over the next few days/weeks just hang on and ride it out.

JQJ213- Now With An Extra Cylinder! > TheJWT 11/09/2016 at 09:38

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As of right this moment, yes

But with any big news, the market sort of over reacts, it’ll balance out again soon (well, should)

Jake - Has Bad Luck So You Don't Have To > TheJWT 11/09/2016 at 11:41

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HAHA SHOULD HAVE INVESTED IN SENTRAS