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      06-10-2022, 11:06 AM   #7004
Tyga11
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Drives: M4 Comp
Join Date: Jul 2019
Location: Arizona

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Quote:
Originally Posted by XKxRome0ox View Post
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
Don't beat yourself up over that. I've been getting crushed and am down the same. Hindsight is 20/20