How much money have you lost due to Coronavirus so far? - Social Anxiety Forum
View Poll Results: How much money have you lost due to the Coronavirus outbreak?
I made money somehow?? 1 9.09%
$0 to $1000 9 81.82%
$1001 to $2500 0 0%
$2501 to $5000 1 9.09%
$5001 to $10000 0 0%
$10001 to $25000 0 0%
>$25000 0 0%
Voters: 11. You may not vote on this poll

Reply
 
Thread Tools
post #1 of 51 (permalink) Old 03-17-2020, 04:31 PM Thread Starter
Spectacular Member
 
Noca's Avatar
 
Join Date: Jun 2005
Location: Ontario
Gender: Male
Age: 33
Posts: 21,022

How much money have you lost due to Coronavirus so far?


How much money have you lost due to Coronavirus so far? I mean stocks, retirement savings or lost paychecks, loss of business etc.

"It's better to be prepared for an opportunity and not have one than to have an opportunity and not be prepared." -- Whitney Young Jr.
Noca is offline  
Sponsored Links
Advertisement
 
post #2 of 51 (permalink) Old 03-17-2020, 04:34 PM
Greasy prospector
 
blue2's Avatar
 
Join Date: May 2013
Location: The salty spitoon
Gender: Male
Posts: 11,516
My Mood: Lurking
None.






And all our yesterdays have lighted fools the way to dusty death
Out, out, brief candle! Life's but a walking shadow,
A poor player that strut's and fret's his hour upon the stage and is heard no more,
It is a tale told by an idiot, full of sound and fury, signifying nothing.
- Macbeth
blue2 is offline  
post #3 of 51 (permalink) Old 03-17-2020, 04:52 PM
anxiolytic
 
Sekiro's Avatar
 
Join Date: Dec 2019
Location: 'Merica
Language: 'Merican
Gender: Male
Posts: 565
I don't plan on looking at my retirement accounts.
Sekiro is offline  
 
post #4 of 51 (permalink) Old 03-17-2020, 05:03 PM
Irreversibly Invisible
 
firestar's Avatar
 
Join Date: Jun 2009
Gender: Female
Age: 32
Posts: 4,754
My Mood: Pensive
Quote:
Originally Posted by Sekiro View Post
I don't plan on looking at my retirement accounts.
Me, neither. I'll probably lose a little bit of money off my next paycheck but nothing I can't live without.

It is the light she longs to find,
When she delights in learning more.
Her world is learning; it defines
The destiny she’s reaching for

- Marie Curie
firestar is offline  
post #5 of 51 (permalink) Old 03-17-2020, 05:13 PM
I Am Second
 
Kevin001's Avatar
 
Join Date: Jan 2015
Location: USA ~ Louisiana
Language: American
Gender: Male
Age: 29
Posts: 57,112
My Mood: Inspired
A couple hundred off 401k

Ask me in 2wks if job is gone.

~ How can I build Your kingdom if I'm building my own
How can You be my treasure if I'm digging for gold
How can You be my fire if my heart has grown cold
How can You be my future if I've made this my home ~ Love & the Outcome
Kevin001 is offline  
post #6 of 51 (permalink) Old 03-17-2020, 05:52 PM
Viva La Raza!
 
nubly's Avatar
 
Join Date: Nov 2006
Location: Surviving the trumpocalypse
Gender: Male
Posts: 34,717
My Mood: Tired
Too much. Trying very hard not to take the money out.
nubly is offline  
post #7 of 51 (permalink) Old 03-17-2020, 06:16 PM
Chonker
 
Musicfan's Avatar
 
Join Date: Mar 2017
Gender: Male
Posts: 1,553
Probably enough to worry, all of my mothers savings and my own are in long term stocks. In the 2008 recession we lost about 1/3 of our money.

Don't let people treat you like dirt.
Musicfan is offline  
post #8 of 51 (permalink) Old 03-17-2020, 06:36 PM
Not A Low Calorie Food
 
WillYouStopDave's Avatar
 
Join Date: Jul 2013
Location: United States
Gender: Male
Age: 46
Posts: 30,433
My Mood: Relaxed
Well, I didn't have any to lose. I've always been broke. My dad has been retired for many years. We would probably only start having problems if it goes on for much longer than a couple of months. I doubt anyone's retirement money is too safe in desperate times.

/WYSD
WillYouStopDave is online now  
post #9 of 51 (permalink) Old 03-17-2020, 06:39 PM
SAS Member
 
CNikki's Avatar
 
Join Date: Aug 2013
Location: USA
Language: American English, Gibberish
Gender: Female
Posts: 3,836
Only time will (shortly) tell.
CNikki is offline  
post #10 of 51 (permalink) Old 03-17-2020, 08:28 PM
Sas user
 
mt moyt's Avatar
 
Join Date: Jul 2015
Location: k2 east face
Gender: Male
Age: 27
Posts: 3,671
about $900, good thing i only just started investing so even if it tanks further i wont be losing much more. im holding for the dividend income

im sure many bought stocks of hygiene product companies and made money. same for pharmaceutical stocks.


Sent from my iPhone using Tapatalk

believe in urself
mt moyt is online now  
post #11 of 51 (permalink) Old 03-18-2020, 09:42 AM
SAS Member
 
Join Date: Mar 2017
Location: Rainforest <-> Tundra
Gender: Female
Posts: 1,218
My Mood: Bored
About $4000 in one investment account so far. I've been advised by family not to panic though, as they'll likely recover (in a few years).
leaf in the wind is offline  
post #12 of 51 (permalink) Old 03-18-2020, 10:56 AM
SAS Member
 
cmed's Avatar
 
Join Date: Oct 2009
Age: 34
Posts: 2,985
Technically nothing. You haven't lost anything until you sell, and I don't plan on selling. I totally get why people panic and run for the exits though. It's pretty jarring to see all the money I've hypothetically lost (I mostly buy the S&P 500 so I'm down nearly 30% on paper.) This is money that I'm not touching for at least 20 years though, and my income hasn't dipped at all so I'm not worried. Plus I have a big enough emergency fund to tide me over if s*** really hits the fan.
cmed is offline  
post #13 of 51 (permalink) Old 03-18-2020, 01:12 PM
prince charming
 
Tuan Jie's Avatar
 
Join Date: Apr 2017
Location: The Netherlands
Gender: Male
Age: 40
Posts: 675
None. I was actually thinking of investing now, but this will be over before I can study enough to know what I'm doing.

((( connect or perish )))
Tuan Jie is offline  
post #14 of 51 (permalink) Old 03-18-2020, 02:55 PM
🧱
 
Paul's Avatar
 
Join Date: Sep 2005
Location: California Republic
Language: None
Age: 39
Posts: 6,392
Lost nothing since I've never had a retirement account or investment, and saved money by having fewer places to go, so I'll count it as profit.

Play The Social Anxiety Game

"Many people need desperately to receive this message: 'I feel and think much as you do, care about many of the things you care about, although most people do not care about them. You are not alone.'" ― Kurt Vonnegut
Paul is offline  
post #15 of 51 (permalink) Old 03-18-2020, 04:28 PM
SAS Member
 
millenniumman75's Avatar
 
Join Date: Feb 2005
Location: Dayton, OH
Gender: Male
Age: 44
Posts: 153,888
My Mood: Angelic
Quote:
Originally Posted by cmed View Post
Technically nothing. You haven't lost anything until you sell, and I don't plan on selling. I totally get why people panic and run for the exits though. It's pretty jarring to see all the money I've hypothetically lost (I mostly buy the S&P 500 so I'm down nearly 30% on paper.) This is money that I'm not touching for at least 20 years though, and my income hasn't dipped at all so I'm not worried. Plus I have a big enough emergency fund to tide me over if s*** really hits the fan.
I'm glad you said this, but yeah the 401K is on paper. I remember losing 57% of my 401k in one year (2008-2009), and it was recovered by 2013.


Stocks should go back up once this passes.


I'm not looking at my 401K - it's there; I have emergency funds. I'm good.

millenniumman75
You are a success story waiting to happen!
Live and let live VACUUMS more than a Hoover....
Live and HELP live is better!

TROLL ALERT STATUS:
CHAT -> BERT

FORUMS -> ERNIE
(troll activity on the increase)

WATCH WHAT YOU TYPE!
millenniumman75 is offline  
post #16 of 51 (permalink) Old 03-18-2020, 04:39 PM
insert witty comment here
 
Lisa's Avatar
 
Join Date: Jul 2006
Posts: 5,911
Quote:
Originally Posted by nubly View Post
Too much. Trying very hard not to take the money out.
The markets will bounce back. They always do. It may just take a while.
Lisa is offline  
post #17 of 51 (permalink) Old 03-18-2020, 04:41 PM
Your local potato farmer
 
discopotato's Avatar
 
Join Date: Dec 2016
Gender: Female
Age: 26
Posts: 1,809
I spent a lot of money on a school trip out of town I was supposed to make that was canceled, including a hotel stay. I was just told that I probably won't get a refund. Which is just lovely.. I was already short on cash and now I've wasted all that money for nothing.

more issues than vogue
discopotato is offline  
post #18 of 51 (permalink) Old 03-18-2020, 06:24 PM
anxiolytic
 
Sekiro's Avatar
 
Join Date: Dec 2019
Location: 'Merica
Language: 'Merican
Gender: Male
Posts: 565
Quote:
Originally Posted by discopotato View Post
I spent a lot of money on a school trip out of town I was supposed to make that was canceled, including a hotel stay. I was just told that I probably won't get a refund. Which is just lovely.. I was already short on cash and now I've wasted all that money for nothing.
Why not refunded? I don't normally pay for hotels until after my stay.
Sekiro is offline  
post #19 of 51 (permalink) Old 03-18-2020, 07:25 PM
Poorly Educated
 
Lonelyguy's Avatar
 
Join Date: Nov 2003
Location: Sunnyvale Trailer Park
Posts: 4,912
None yet but I suspect its just a matter of time. Business is slower than usual right now. People are scared to even go outside. I imagine I'll get my hours cut eventually.
Lonelyguy is offline  
post #20 of 51 (permalink) Old 03-18-2020, 08:10 PM
SAS Member
 
mezzoforte's Avatar
 
Join Date: May 2010
Location: California
Gender: Female
Posts: 9,380
My Mood: Pensive
$81
mezzoforte is offline  
Reply

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

 
For the best viewing experience please update your browser to Google Chrome