1 year anniversary of market correction

[disneysteve]

The stock market correction began one year ago today. The DOW bottomed out on 3/23 at 18,591 coming down from a high of $29,423 on 2/13.

Right now, the DOW is at 32,634. That's up 11% from the pre-crash high and over 75% from the post-crash low. If you stayed the course, you've done just fine. If you saw the crash as an opportunity, as many of us here did, you've done exceedingly well.

I bought JETS after the crash and sold it a week ago for an 81% profit.
I bought AAL after the crash and it's currently about up about 52%. I'll probably sell it soon as it's nearly back to it's pre-COVID price.

If you panicked and sold everything and retreated to cash, well then you didn't do so well.

[LivingAlmostLarge]

The stock market correction began one year ago today. The DOW bottomed out on 3/23 at 18,591 coming down from a high of $29,423 on 2/13.

Right now, the DOW is at 32,634. That's up 11% from the pre-crash high and over 75% from the post-crash low. If you stayed the course, you've done just fine. If you saw the crash as an opportunity, as many of us here did, you've done exceedingly well.

I bought JETS after the crash and sold it a week ago for an 81% profit.
I bought AAL after the crash and it's currently about up about 52%. I'll probably sell it soon as it's nearly back to it's pre-COVID price.

If you panicked and sold everything and retreated to cash, well then you didn't do so well.

Sold half my jets in DH's roth for about 125% profit and same with hawaiian in roth. Now if i can dump my Taxable soon

[disneysteve]

Sold half my jets in DH's roth for about 125% profit and same with hawaiian in roth. Now if i can dump my Taxable soon

Good job. I hope the market holds up at least long enough for you to lock in those taxable LTCGs.

[bjl584]

I just looked into this yesterday.
I stayed the course and have come out ahead by around $20K to date

[kork13]

I just checked, my overall investments are up 32% over the last year. I started buying a bunch of shares in various ETFs & a couple stocks, and watched them fall even further, and have since shot right back up. Panic selling almost never works out in your favor...

[Snicks]

I bought oil stocks! Very happy today!

[srblanco7]

Didn't sell anything and in fact we were buying on the way down last year. Our net worth is up over 60% from the March low last year.

[rennigade]

March 2020 was down $41k from the high. Since March of 2020 until now, my accounts are up $219k. Not bad considering almost everything I own is in boring index funds.

April 2020 was worse, was down $114k from my high. Will be curious to see the difference come april 1.

[LivingAlmostLarge]

Ended March 2020 down $250k from peak in investments. Ended yesterday from there up $919k. I invested a lot in March and April last year. Ended up resetting some investments and dumping more money in along the way last year but I sunk in from cash $200k by 4/2

[cypher1]

Just checked Vanguard account and up 31% from 1 year ago. No regrets buying more from March to May, while others told me to hang on to cash or sell. Always stick with your gut feeling and stay the course.