OK, where did the money go today?

[no_hypocrisy]

Last edited Fri Apr 4, 2025, 06:59 PM - Edit history (1)

Big sell-off. Those who sold their stocks, where did they put their money from the sale(s)?

No increase in the price of gold, etc., so it didn't go there.

Certainly not in savings accounts in banks.

Bitcoin?

[louis-t]

1. Pfffft.

Up in smoke. In the mattress. In a vault in the Cayman Islands. Beats the Hell outta me.

[UpInArms]

2. Into the pockets of anyone who had bought low

Otherwise … it was all vaperware

[lapfog_1]

3. unless you sold

it didn't go anywhere.

it was just gone. My personal net worth went down by around 30 percent in the last 6 months, most of my shares are in future awards so it isn't like I can sell them... I do own some... and watched that dribble away... I could sell but I believe the market might come back so now I hold onto them. I could sell and buy gold or something... not bitcoin. Never sure of the right move...

[ButchMcMuffin]

4. It went to the people

Who shorted the market

[ProfessorGAC]

5. Much Of The Loss Was On Paper

Yes it was a huge sell-off, but most of it was absorbed in shareholder value.
The three big indices represent about 500 billion shares
I can't yet find a definitive number of how many shares were actually sold, but even a billion would only be 0.2%.
But, as value falls, those who didn't sell took a beating in value, but no cash necessarily changed hands.

[drray23]

6. There is exactly the same number of shares in your 401K.

So, you or other shareholders did not lose anything. Of course, the value of these shares went down. If you were to sell, you would take the loss.

If you are lucky enough to have years before retirement, it's best to ride it out and wait until the share value goes back up.

[karynnj]

7. I would guess money market account for those who sold

They typically earn more than bank accounts. Some may go to CDs.

If you don't need the money soon, it is better to wait to see if the market corrects to any degree.

The stock price is based on where the market altogether thinks it should be. The problem this time is that Trump's actions likely impact many companies. Most in a negative way.

[bamagal62]

8. We took most of ours out and put it in cash in November.

Best move ever. I sensed this was going to happen.

[Sogo]

9. Certain locations, mainly on the West Coast can get great CD rates:

https://www.marketwatch.com/picks/rates-are-down-but-this-cd-still-promises-9-5-plus-9-more-cds-with-the-best-apys-of-april-2025-3b06bdc7?mod=home_mw_picks

It might not be so sexy, but 9.5% is nothing to sneeze at....