Quote:
Originally Posted by XKxRome0ox
i learned an expensive lesson
this is probably obvious to everyone but don't put money into the stock market if you need it in the short term
i threw some of the house down payment money into investment account a year ago
trying to catch some of the gains from the market instead of letting the money sit in a savings account at just 0.25% interest
initially was up 10% but now overall lost about 30%+
we are closing escrow on our new home so i had to sell off most of the investment account holdings at major losses
i got greedy
i thought i'd just make a quick hit and run
market said nope
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Don't beat yourself up over that. I've been getting crushed and am down the same. Hindsight is 20/20