Submitted by BlessedBossLady t3_11zn2tv in personalfinance

Please be graceful as we are new to investing. We were told to dollar cost average in an ETF and so we put a few thousand a year for the past few years into Vanguard S&P 500 (VOO) and never really worried about short term gains/losses but when we logged in today it's showing a 93% overall losses? That seems off from other projections. We use M1 and most of the drop comes from Dec 19th/20th 2022.

It won't let me post a picture, but it shows that we had $8,178 and now we're down to $884.

Is this what others are experiencing also?

Edit: Here is what we are seeing on our end https://imgur.io/a/bePftNs

We will be calling later today to see what's going on, but I really appreciate all the comments. I'm learning a ton!

1

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