03/07/2020
03/14/2020
Who knew that this virus would be so ugly... Sports cancelled, School cancelled, Life cancelled... Crazy.
Our plan to lower our equity ratio came a little too late. Our goal was to get our equities holdings down from 85% to 60% (currently 76%). We managed to sell off about $90k of the $250k we had planned on before the plunge began. Selling off the remaining $160k will have to wait, as we are not going to lock in losses at these levels.
As the markets continue their free fall we now find ourselves close to losing our millionaire status (we don't include our house). Sad...
03/18/2020
Our millionaire status (not including real estate) is long gone. It was nice while it lasted... :-(
Wash your hands!
03/21/2020
We are down $304k for the highs of mid-February. This is absolutely stomach turning.
I almost laugh as I type this, but we are getting closer to our goal of lowering our equity holdings to 60%. We are now down to 70% from a high of 85%. |