You're only losing money if you sell, not when the market drops.
I just got a great deal on this shit called Enron.If the consensus is we are going to a bear market why the desire to ride the market way down. 08 had a 66% decline.
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Market research shows that for the investors who pulled out during the 08 recession and then got back in later, they lost way more money compared to investors who held long and rode out the storm. Timing the market is near impossible.
If you have positions with a dwindling gain you can might consider pulling some risk off the table, realize the gains and buy something else at a discount. But full liquidation of all investments is unwise.
So that means no investing???
^^Bingo!1, I believe it is due for a correction.
2, the fed increasing interest rates always does this.
3, not scared, ride it out and buy low.
I hate the fed for this shit, economy doing well and people are spending so lets raise rates to make more money and slow everything down.
Example, I bought Facebook at $46, it was up over $220, now it’s at $125. I’m still ahead, just not as much as I was. No big deal.
Buy shares low.
There’s some..
But given my lifestyle I highly HIGHLY doubt I’ll make it to 50