Anyone check there portfolio today? I took a big hit today across the board. How does a virus that has only affected 2700 people in the world cause the market to go down so much?

I hope it keeps trending down aggressively this week.
I'm particularly wanting VSMAX, VIMAX and VLCAX to be down hard.

The population of China is 1.4Billion, that's why.

Unless you just bought your stocks last week, you’re up about a bajillion dollars overall. Relax

Skinny called it!

Common sense called it. It’ll be back up.

Market goes up 33% in a year and then comes down 1% and everyone freaks out. Market has gone up continually for over 12 years straight.

The market always thrives on bad news. It’ll be fine

It’s called speculation.... also rumor has it that 90k are infected and the fat cats kept it out the media last week while they dumped their international stuff. Just rumors on the webs though TIFWIW

It was just common sense. China is in shutdown mode and they make all the world's stuff. If stuff aint being made it aint getting sold and nobody is making money.

Buying opportunity

Don’t worry, The virus won’t last long.... it was made in China.

Stock market will be fine.

Not only coronavirus: Australian fires, earthquakes, locust plague in Africa, floods in Africa and Brazil, India......... always something.

It's fine, it's January, retail spending sucks in January anyway.

I bought EEM, FXI, and SPY puts on Friday before the close. Today was a major Green Day for me.

I bought a few calls today with paper money on several stocks, as soon as this virus stuff is tampered the market will shoot back up! Don't know if I'm quite brave enough to use real money yet

That is smart. Especially if you aren’t familiar with the options market. Things will start clicking once you get the hang of the price action, implied volatility, and the Greeks. You will be able to manage your trades and risk/reward much better. Good luck!

x2

The market goes up and the market goes down, but it always goes up more than it goes down. As long as you are steadily (Weekly, bi-weekly, monthly) buying stock index funds you are practicing "Dollar Cost Averaging." And as long as you are in it for the long haul, you are going to come out on top. Simple as that.

Dollar Cost Averaging explained...

https://www.nerdwallet.com/blog/investing/dollar-cost-averaging-2/

Stop worrying about dips in the market. I'm investing over 1/5th of my pre-tax income in the market and I ain't skeered.

I agree the question is at what age do you start transitioning away from stocks and into bonds or something less volatile, and at what percentage of each as you reach retirement and through your retirement years.

I'm 52 and and slowly moving money to bonds and cash. All my 401 k contributions and match are curremtly going into bonds and I've been moving other money into a fidelity asset management fund. I'd like to get to a 50/50 split in a couple years. I'm a little heavey in tech and semiconductors so I need to balance out that risk.