ENERGY:
Chevron: 2008 High = 85 // Crash Low = 50. . . but recently at 110
Conoco-Phillips: 2008 High = 60 // Crash Low = 23
Exxon: 2008 High = 85 // Crash Low = 55
So "Energy" lost you at least 40%, on paper
PRECIOUS METALS
GLD: 2008 High = 100 // Crash Low = 70
SLV: 2008 High = 20 // Crash Low = 8
Metals got you on average about a 50% haircut.
SAFETY STOCKS:
JNJ: 2008 High = 62 // Crash Low = 40
KO*: 2008 High = 28 // Crash Low = 17 (But recently 40)
WMT: 2008 High = 55 // Crash Low = 43 (But recently 70)
P&G: 2008 High = 65 // Crash Low = 40
MCD: 2008 High = 60 // Crash Low = 41 (But recently 90)
Full Disclosure: I have owned every investible on this list. As of this moment, I probably have half of these in some account - whether a retirement account. . . . or not.
Virtually EVERYTHING on this list lost at least 30% on paper. That's a small crash, by historical standards.
Maybe you can sleep like a baby while the value of your portfolio loses 30% - 50% in a few weeks. If so, you're made of sterner stuff than me. I have stops under all my positions.
And remember - when you sleep like a baby, you wake up every hour ------ CRYING!!
* NOTE: KO has JUST split 2 for 1. So these prices were about double the prices in my post, back in 2008/2009.
(Just something to think about. your mileage may vary)
Thanks for all that, actually I been long term 401k since about 95 and sat threw the lows while seeing co-workers sell, looking for about 20 more years, but if few business are going to be doing business as in the last 4 years, there’s no use sitting through that.
That brings up a political point if I may, as when someone says both parties are alike, no, they were, but the conservatives are actively trying to rid Republicans of the spoiled politicians, well Democrat supporters will put up with it at any cost just to see a Democrat elected over a Republican.