That’s the key, it depends WHEN you need it, if it’s a long term investment, leave it alone.
I’m leaving things as they are.
I’ve taken a hit like I didn’t expect.
But bailing out now? That’s not long term, and it’s not a good idea. As someone else said, “We all do it, it’s all over”.
A few people doing it, taking the hit now, and holding onto what they have left of their money is one thing and more power to them. Some people will need it in two years. I won’t need it for another 9 or so.
If it’s gone in 9... I guess I’m going to be pretty pissed then.
Right now, like many others, we ride the wave. We’re in the trough right now. Tomorrow, next year comes the crest.
We’ll see.
People need to not panic. Too many large organizations are panicking and that’s what is causing the losses on the market even right now.