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Personal Finance and Investing

Midnight Writer

(23,372 posts)

2. Stock market is down more than 20%, but is still around where it was Dec. 2020.

Reply to mahatmakanejeeves (Original post)

Sun Jun 19, 2022, 01:10 PM

Jun 2022

This downturn only negates last year's 20% plus gains.

I organize my money into a year's worth of liquid cash, a savings account with five years worth of money, and long-term investment in mutual funds.

I intend to ride it out with my long-term investment in mostly index stock funds. They seem to always bounce back within a year or two.

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Seven ways you can financially prepare for a recession [View all] mahatmakanejeeves Jun 2022 OP

A problem that I sometimes have with some points there is "historical data" question everything Jun 2022 #1

Stock market is down more than 20%, but is still around where it was Dec. 2020. Midnight Writer Jun 2022 #2

Since Jan. 2021, purchasing power of US Total Stock Market is down 13.3% progree Jun 2022 #3

Here's a quiz. PoindexterOglethorpe Jul 2022 #4

I think I read that the average pullback in a year is 14% -- some years have a downturn progree Jul 2022 #5

Good chart. PoindexterOglethorpe Jul 2022 #6