I hope not as I am into the market big time.... Do I take all the gains and sell out to pay the heavy tax of 23.5%
I probably have close to 100,000 at this point. Isn’t there some deal with a market crash “insurance” that you can buy ?
If you’re in a position to sell call options, that’s a good alternative to just cashing out.
I’m on record here in the past week saying that I think the top is in.
Value is more than ‘money’. I wish you the best and I wouldn’t take market advice from strangers on the internet. I think it is overbought now. Everybody seems to be skittish about whether or not the Fed will keep pumping money into the system. You can pump gallons of adrenaline into Frankenstein’s monster. He will twitch and convulse. But he will NOT be healthy.
I hope not as I am into the market big time.... Do I take all the gains and sell out to pay the heavy tax of 23.5%
NO WAY! Stay in. The stock market is the best investment you can do (besides a house). Listen, people always seem to buy high and sell low. That is the WRONG way to do it. Stay in and enjoy the ride.