I’ve had a mutual fund for 25 years, and I’ve always ridden with the highs and the lows. This week, I cashed out 50% of my funds. I may cash out the other 50% soon. This market looks like it’s heading for disaster.
Dow and the Nasdaq are still way higher than they were in 2017, 18, 19, 20.
Did the same in Feb, took out half and bought a house. Feel at least now that I am only losing 1/2 as much. But had the question pop in my head just yesterday can you lose 100% of your investments?