Stocks Near Biggest 2 Day Slide Since June

Over the past few days the stock market has dropped at a vast rate as the DOW industrial has been slipping due to some terrible earning reports by several companies. This has effected me personally because I have become very involved in the stock market over the past year as I own several stocks and have invested a decent amount of my money in the market. On friday one of my stocks Chipotle Mexican Grill (CMG) reported their earnings and had a huge earings miss as the stock went down over 15%. Due to the increasing competition from other food stocks such as Taco Bell and Yum Brands, Chipotle seems to not be able to keep up with their high priced stock that is around 250 after the recent drop, as the competition within the restaurant industry is increasing. Though this stock has slipped from its earnings as well as the market overall in the past few days, I have done pretty well with my stocks as the stock market has increased over the past year and stocks such as Amazon and Polaris Industries that I own have done very well for me. I love investing in the stock market because everyday you do not know what will happen with your money and it is very interesting to see how different events around the world effect the market as a whole. I am so glad that my father introduced the market to me and gave me some prespective on it, as it has become a daily habit that I enjoy following and I get to see how the economy is progressing. I believe this is an important way to invest money as I would rather have a portion of it invested in the market then to have it all sitting in the bank, because even though it is risky it is another way to make money without having to put manual labor into it.