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-   -   I've lost 15,000$... anyone else get fucked by this stock market crash? (http://community.rapverse.com/showthread.php?t=247725)

JTR 10-09-08 02:50 PM

I've lost 15,000$... anyone else get fucked by this stock market crash?
 
It's the worst stock market crash in history.... i've lost 15,000$ and it looks like it's gonna keep getting worse. Fuck the stock market, fuck my life man. I still have a lot of money but this is fucking killing me, it's depressive to wake up every single day and find out you've lost another grand

Anyone else get fucked by the stock market?

Oh and another thing, anyone wanna shoot me in the fucking face? Please?

Magic5 10-09-08 04:30 PM

Actually this isn't the worst the stock market has been in history.

I've lost some money, but I'm not worried about that near as much as I am about how this is going to affect me after I graduate.

Cola 10-09-08 04:42 PM

So far its only hurt my great grandmothers stock's a lil bit....but luckly she still has about 400k in stocks...

but, they're thinkin about takin out bout 100k n just putting into a CD or something, i unno.

hopefully this shit rebounds.

King Solo 10-09-08 05:16 PM

rofl..

the most i've ever lost in shares is about £500 which ain't shit really.

La Cosa Nostra 10-09-08 06:10 PM

crimes booming....


how can i lose

Adam 10-09-08 06:10 PM

This sort of kicks ass, I'm waiting til the perfect time, going to buy a shit load then they'll all shoot up and I'll be like fuck yeah g.

Phenom-in-all 10-09-08 07:05 PM

Quote:
Originally Posted by Adam
This sort of kicks ass, I'm waiting til the perfect time, going to buy a shit load then they'll all shoot up and I'll be like fuck yeah g.

...OR, you guys could realise it actually IS as bad as the late 20's, and get your cash out while you can and buy some real estate. Shit's been droppin up here as well, jus not as bad. But word. Diversify niggas.

1

JTR 10-09-08 07:18 PM

^^ is what im saying... I'm not trying to brag or anything but how much do you guys really know bout the stock market?

JTR 10-09-08 07:20 PM

Quote:
Originally Posted by Adam
This sort of kicks ass, I'm waiting til the perfect time, going to buy a shit load then they'll all shoot up and I'll be like fuck yeah g.


Lol you're joking right? Yea, all the stocks are going to go back up to how they were and everyone is gonna get their money back...

lol dude, the whole nation is in panic for a reason

King Solo 10-09-08 07:30 PM

Quote:
Originally Posted by Farnsworth
^^ is what im saying... I'm not trying to brag or anything but how much do you guys really know bout the stock market?



I took Business Studies in school and college.. and they taught me all about playing the stock market and everything. Shit was a fucking ill subject to take. It also allows me to walk into any place and be qualified for a Managerial position.. BEAST.

Blay'all 10-09-08 09:26 PM

dayuuuuum, how old are you? how the fuck do you even have $15,000 to LOSE? lol, the money i have in my checking account is all that i have to my name, and i'm month to month just to eat.

Kirk 10-09-08 09:34 PM

"Lower your weapon."

"No."

JTR 10-09-08 11:47 PM

Quote:
Originally Posted by Hair Jordan
I took Business Studies in school and college.. and they taught me all about playing the stock market and everything. Shit was a fucking ill subject to take. It also allows me to walk into any place and be qualified for a Managerial position.. BEAST.


Word that's cool but not really what I meant. Like you can know a lot bout the stock market, but what do you know bout the stocks? And how to play them succesfully?

I can be taught basketball by Michael Jordan for years and learn a whole shit load, but put me in an NBA team and I wouldn't really be doing shit....

I'm not talking bout you Fletch, you as in all you people in general

King Solo 10-10-08 08:05 AM

Quote:
Originally Posted by Farnsworth
Word that's cool but not really what I meant. Like you can know a lot bout the stock market, but what do you know bout the stocks? And how to play them succesfully?

I can be taught basketball by Michael Jordan for years and learn a whole shit load, but put me in an NBA team and I wouldn't really be doing shit....

I'm not talking bout you Fletch, you as in all you people in general



Yeah, but the whole thing they teach you first off about playing the stock market is to know what stocks you are looking to buy into. You want to do research on shit first, otherwise people would just be buying random stocks all over the place.

Blackmage 10-10-08 09:31 AM

I pulled my money out of the few stocks i had before I felt the crash coming. Made a good bit but the stock i was most worried about was my best stock. BTW somebody tell me how Caterpillar and Xerox have been doing?

Sean Gunner 10-10-08 12:37 PM

My mom's 401K value has gone down 25%. -_-

I was about to get into it and the day before I was going to buy stocks it went down 500 pts. So I waited it out, sure am glad I did.

The only thing going up is gold and I am sure it will drop $30 tomorrow. Problem is if you pull out you help the stock market crash, if you stay in you lose your money till it bounces back.

KOOL COL-B 10-10-08 02:21 PM

i don't know anythang about tha stock market, but i know people who've taken all their money outta tha bank cuz everybodys sayin tha banks are gonna freeze n nobody will be able to git it out.

here, watch Zeitgeist 2

http://video.google.com/videoplay?d...205277695921912

werd

JTR 10-10-08 09:18 PM

Quote:
Originally Posted by Bombay Blay
dayuuuuum, how old are you? how the fuck do you even have $15,000 to LOSE? lol, the money i have in my checking account is all that i have to my name, and i'm month to month just to eat.


My dad is pretty well off compared to the average middle class person I guess. When I turned 18 I got access to my trust fund so that I could use that money as I pleased to pay for school and living expenses, rent, food, clothes, a lil alcohol and weed (even though its not really meant for that).

Anyways I don't just rely on my parents to survive. I used that money to make 25,000$ myself from when I turned 18 til now.... but i've lost 15,000$ of that, and it hurts....

strobe 10-16-08 05:40 AM

If you think losing $15k hurts, let me know when you've lost 50 large... lol. Been there done that from "daytrading" in '05. If I actually had the discipline to close out the trades at the end of the day, I might have made out ok since the one stock I was holding dropped like 90% afterhours one day. And being the dumbass I am, I averaged down and got bent over again when it went down another 75% from there over the next couple months. I still own that stock.. it's absolutely worthless now. It's a reminder for me to don't such a dumbass.

All I do now is mutual funds in my 401k, and they are all in the gutter right now. Four years of gains gone and well in the red. The chances of mutual funds being worthless should be pretty slim, so I'm holding off until when I think the market has stabilized some before buying more to average down. I feel better knowing I'm buying low rather than at the top.

JTR 10-16-08 02:32 PM

^ That would suck but I'm too smart at playing stocks to lose more then I make, unless the stock market crashes.

Daubs 10-24-08 03:58 PM

our government cant handle shit.

fuck a recession


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