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stocks in meltdown mode

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Old 05-06-2022, 09:21 AM   #1
Chief X_Phackter
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Re: stocks in meltdown mode

Since 1950, the S&P has seen an average annual max drawdown of 14%, and still managed to generate positive returns in 32 of 42 years that saw intra-year drops of 14%.

If your long...it is a blip...
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Old 05-06-2022, 03:32 PM   #2
Giantone
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Re: stocks in meltdown mode

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Originally Posted by Chief X_Phackter View Post
Since 1950, the S&P has seen an average annual max drawdown of 14%, and still managed to generate positive returns in 32 of 42 years that saw intra-year drops of 14%.

If your long...it is a blip...
Yup. If you're a Day trader and try to make it in a day you're screwed but then they should already know that.
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Old 05-06-2022, 07:22 PM   #3
Chico23231
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Re: stocks in meltdown mode

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Originally Posted by Giantone View Post
Yup. If you're a Day trader and try to make it in a day you're screwed but then they should already know that.
Lol…the day traders. Yeah it’s no biggie for companies and funds themselves…on impact there. Or the employees of the companies.

Of course Jim Cramers, if you are holding in retirement accounts long…it’s not too big of a deal.
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