“The president single-handedly wiped out Americans’ retirement savings overnight and subjected businesses to intense whiplash with his increasingly erratic and chaotic policies that continue to drive consumer and business uncertainty.”
“The president single-handedly wiped out Americans’ retirement savings overnight and subjected businesses to intense whiplash with his increasingly erratic and chaotic policies that continue to drive consumer and business uncertainty.”
That’s the dumbest advice ever! That’s how you lose all your money. Recession is the perfect time to buy even more stocks and shares. Don’t get out, get in!
Recession is a good time - at the bottom.
We’re still at the top.
You guys have fun losing all your money, though. Like the person I replied to complained about.
What are you going to convert your stocks into Euros? Renminbi? USD? Bitcoin? There is just a lot of uncertainty, and I wouldn’t recommend anyone selling everything.
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The only one losing money is you.
…how?
Selling near the top and buying near the bottom…?
You’re doing the exact opposite.
Howso?
S&S are going down and you’re selling, money markets are going up and you’re buying. You’re literally doing the opposite of what you want, lol.
Yes, I sold the stocks while they were still relatively high, before they go down substantially more.
I bought the money markets which are going up instead of further down.
These assets will almost definitely be valued much higher on the near future than if I hadn’t made the trades.
I will re-buy stocks when they reach a much lower point and I believe are likely to start increasing steadily again.
Why do you think that’s the opposite of what I want? That’s exactly what I want.