I know you can't give financial advice, but should people cash out or hold tight with markets and therefore investments down? The old axiom 'don't sell at a low' is being challenged here. Should people be considering taking their losses and going to a cash position? Depending of course on their individual time horizon.
I know you can't give financial advice, but should people cash out or hold tight with markets and therefore investments down? The old axiom 'don't sell at a low' is being challenged here. Should people be considering taking their losses and going to a cash position? Depending of course on their individual time horizon.
Individual portfolios have individual priorities and strategies.
I could offer an investment opinion here, but it would be as well informed as someone offering a health opinion under similar circumstances.
Investment gurus love to bloviate about how well they understand the markets... and nearly all of them save the permabears did not see this coming. Even the contrarians at ZeroHedge were caught flat footed on the timing.
I can give free financial advice which is worth every penny.
Seems to me the markets have "discounted" most of the bad news. If there were the slightest inkling that anyone in any government in the world had a lick of common sense, both stocks and bonds could go up a long ways. All government people owe us "reparations" don't they?
The markets probably digest news in about a week. Which is to say the probable adverse events based on last week's bad news are priced in. The probable adverse events based on this week's bad news is being priced in. The probable adverse events based on next week's bad news is not yet being priced in.
I know you can't give financial advice, but should people cash out or hold tight with markets and therefore investments down? The old axiom 'don't sell at a low' is being challenged here. Should people be considering taking their losses and going to a cash position? Depending of course on their individual time horizon.
Individual portfolios have individual priorities and strategies.
I could offer an investment opinion here, but it would be as well informed as someone offering a health opinion under similar circumstances.
Investment gurus love to bloviate about how well they understand the markets... and nearly all of them save the permabears did not see this coming. Even the contrarians at ZeroHedge were caught flat footed on the timing.
If you have losses at this time, with the S&P at 3600 and the DOW at 29k, you bought in too late / too high.
I can give free financial advice which is worth every penny.
Seems to me the markets have "discounted" most of the bad news. If there were the slightest inkling that anyone in any government in the world had a lick of common sense, both stocks and bonds could go up a long ways. All government people owe us "reparations" don't they?
The markets probably digest news in about a week. Which is to say the probable adverse events based on last week's bad news are priced in. The probable adverse events based on this week's bad news is being priced in. The probable adverse events based on next week's bad news is not yet being priced in.