Our stock portfolio has fallen almost 60% since September. Totally my fault; we weren't diversified.
My stock research is focused mainly on the energy sector which has been destroyed over the past 5 months. WTI crude dumped from $96 USD/barrel on September 26, 2014 to a low of $44 at the end of January 2015. A 55% drop in four months.
This morning it's trading around the $50 USD mark. Know how I know that?
This amazing interactive chart from investing.com. It tracks the minute by minute price fluctuation of crude oil futures (also nat gas, Brent oil, etc).
Maybe 1 out of every million folks actually care about crude futures (My Fella says the number is lower than that :) ... but this kinda thing is right up my alley.
Just one more fun thing to add to my investing arsenal.
And the bonus?
Whenever My Fella starts going on about random things that he thinks I care about (obsidian rocks, golf club shaft torque, trolling for salmon, etc.) I can listen to him for a few minutes and then flip open my laptop and start quoting crude futures, by the minute. That way at least both pairs of eyes will be glazed over :)
Strange relationship. Yin and yang. And yet it works.
Edited to add: I never offer investing advice to friends or family, since I can't imagine losing someone else's moolah. Not to mention that I re-learn the 'diversification lesson' once every few years and it still hasn't sunk in :)
BUT. If you own solid energy names with low debt and good management, they will make a comeback at some point. Everyone's situation is different, but unless you're a trader, now is probably not the time to sell. Just like the saying goes... "If you're gonna panic, panic FIRST."