Bangkoktraveler Posted August 30, 2009 Report Share Posted August 30, 2009 During 2008 and 2009, lost $440,000 as reported on my tax returns and it is still getting worse. Link to comment Share on other sites More sharing options...
kamui Posted August 30, 2009 Report Share Posted August 30, 2009 I have lost exactly 15.000 EUR... A company we worked with breached the contract (it was almost bankrupt) and with this my fees I had worked for hard evaporated. Link to comment Share on other sites More sharing options...
FAT_AUSSIE Posted August 30, 2009 Report Share Posted August 30, 2009 Lost fuck all, directly, but missed out on a couple oppourtunities which cost. Just signed a contract to purchase more land on Friday arvo, offered 7% less than vendors ask and got it Link to comment Share on other sites More sharing options...
zzzz Posted August 31, 2009 Report Share Posted August 31, 2009 I came away relatively unscathed but should have done more to short the housing market. Link to comment Share on other sites More sharing options...
expat Posted August 31, 2009 Report Share Posted August 31, 2009 I did ok, but lost out in the years previous by cashing out too soon. Link to comment Share on other sites More sharing options...
The_Munchmaster Posted August 31, 2009 Report Share Posted August 31, 2009 My property is now worth less than it was and I had to take an 18% salary cut. Link to comment Share on other sites More sharing options...
cardinalblue Posted August 31, 2009 Report Share Posted August 31, 2009 I think you should have asked this question a year ago with the markets at terrible lows. I haven't done a thing and in thwe last six months, I have bounced back a couple of hundred thousand $$$.. It is about half recovery from my high so I am feeling pretty good right now..the highest it been since really the blowout and dramatic fall.. Compare your portfolio six months ago to now and bet you are much higher unless you messed with it.. I see a 10,000 DOW next year at some point though not much higher... CB Link to comment Share on other sites More sharing options...
RayRay Posted September 1, 2009 Report Share Posted September 1, 2009 Fortunately I wasn't invested in the market when the homo-hammer fell last year and Q1 this year. I had been thinking about getting in for a year or so but could never pull the trigger. Thank God for that. I loaded up in late March / early April and banked egregious amounts of coin through July. Sold out of everything about 3 weeks ago but have been slowly establishing some small positions over the last week. My unprofessional opinion is that the more people talk about the impending crash that is sure to hit in September the less likely it will happen. Still I am a bit cautious after such a hard runup since March so I am not going to put my nuts on the chopping block while slicing carrots so to speak. Link to comment Share on other sites More sharing options...
Hugh_Hoy Posted September 1, 2009 Report Share Posted September 1, 2009 Yep...these "run ups" have been short-lived for the most part, followed up by some profit-taking. Interesting that there are bulls out there seemingly ignoring some pending real estate (commercial) properties are going to hit the banks soon; more foreclosures on the horizon; and, the outlook in the job market not very rosey (think more job losses to come before more plentiful). CB might want to take some of his "profit" and set it aside for the moment. Interesting quote I came across from reading about T. Kennedy the other day. I think it came from his father who allegedly said, "Anybody who waits for top dollar is a fool". I totally liquidated about 11-12 months ago and still haven't gone back to stocks. At 67, I'd rather invest in lady drinks and whoring. Sure, neither are sure bets; but the losses are not nearly the same. HH Link to comment Share on other sites More sharing options...
Old Hippie Posted September 1, 2009 Report Share Posted September 1, 2009 If you lost $1000 in a bad week in the stock market, Vs. "losing" $1000 in a good week of whoring, which one would really make you feel better or worse? Never mind, I know the answer! Link to comment Share on other sites More sharing options...
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