So I may have misspoke, and, I am also not smart enough to understand all of this, but I do understand one thing. Investments that track the stock market are supposed to grow. Usually about 7% a year. I invested in index funds back in september, at one point I saw it up by ~5% but now my balance is back down to ~2% from initial investment. At this point I would expect to reasonably be between those numbers. Given the instability we keep seeing, I’m not expecting nearly the ~7% growth per year that is normally a rule of thumb :'(
Ah ha - I see, we’re talked over each other a bit but I think I get it now. You have to adjust for the assumed 7% in growth that would be considered “standard”. We’re not really at -2%, because we should be aiming for +7% at minimum. Which means the short fall is more than 4 times what it appears to be to my layman ass. I think I get it.
Right yeah basically. From September we probably ought to be at a 3% - 4% gain but I’m personally down to a 2% gain. At one point it was down to like 1%. It’s super easy for me to check because I invested a multiple of 10 and haven’t touched it since.
What’s really concerning is the speed of loss. It’s hot garbage.
