Anyone thinking of selling some stock today?

[Lisa558]

I know they say to “ride out a storm,” rather than sell after a big drop, but some of us retirees cannot risk watching the ant-capitalist policies wipe out another 20% of our portfolios, on top of the loss we have already suffered this last few months.

That said, anyone thinking of increasing their emergency cash reserves (by selling stock) from the usual six months to two years or so? That would enable us to ride out whatever more damage the Biden Administration has in store before sanity can be restored to the WH.

 

[Moonglow]

That's what happens when you bet on the stock market.

 

[Votto]

I know they say to “ride out a storm,” rather than sell after a big drop, but some of us retirees cannot risk watching the ant-capitalist policies wipe out another 20% of our portfolios, on top of the loss we have already suffered this last few months.

That said, anyone thinking of increasing their emergency cash reserves (by selling stock) from the usual six months to two years or so? That would enable us to ride out whatever more damage the Biden Administration has in store before sanity can be restored to the WH.

What do you invest in when democrats are destroying the entire globe?

Not sure there is an answer.

If you go cash, they get you with inflation, and if you invest, they destroy whatever you invest in.

Maybe we should all invest in undertakers, repo men, prisons, and drug cartels

Is it legal to invest in drug cartels yet?

 

[Moonglow]

What do you invest in when democrats are destroying the entire globe?

Not sure there is an answer.

If you go cash, they get you with inflation, and if you invest, they destroy whatever you invest in.

Maybe we should all invest in undertakers, repo men, prisons, and drug cartels

Is it legal to invest in drug cartels yet?

The British and US do it all the time which is why they run the lawless offshore banking industries in third world nations.

 

[Lisa558]

That's what happens when you bet on the stock market.

In the long run, investing in the stock market is the best approach - average around 11% per year. Keeping your money in cash or cash equivalents have you losing purchasing power over time.

Unfortunately, we have anti-Americans in office who are trying to destroy the middle class, and particularly retirees for whom they have no more use. So I’m just trying to figure out how to position myself until we can get rid of them.

 

[Moonglow]

In the long run, investing in the stock market is the best approach - average around 11% per year. Keeping your money in cash or cash equivalents have you losing purchasing power over time.

Unfortunately, we have anti-Americans in office who are trying to destroy the middle class, and particularly retirees for whom they have no more use. So I’m just trying to figure out how to position myself until we can get rid of them.

I absolutely see no reason to invest with people who are already wealthy, I need my money myself, which is why land is my favorite form of investment vehicle.

 

[Lisa558]

What do you invest in when democrats are destroying the entire globe?

Not sure there is an answer.

If you go cash, they get you with inflation, and if you invest, they destroy whatever you invest in.

Maybe we should all invest in undertakers, repo men, prisons, and drug cartels

Is it legal to invest in drug cartels yet?

Yes, there’s no easy answer. That’s why I’m thinking two years of cash until we can get them out of the WH. The rest would remain in the stock market, so as to capture the recovery when Republicans restore sanity.

 

[JackOfNoTrades]

I know they say to “ride out a storm,” rather than sell after a big drop, but some of us retirees cannot risk watching the ant-capitalist policies wipe out another 20% of our portfolios, on top of the loss we have already suffered this last few months.

That said, anyone thinking of increasing their emergency cash reserves (by selling stock) from the usual six months to two years or so? That would enable us to ride out whatever more damage the Biden Administration has in store before sanity can be restored to the WH.

Nope. That would be an unwise move. Never sell on the way down or panic sell. You could end up losing more in the long run.
It will rebound.

But do evaluate your portfolio mix, especially if you are retired. Always a good idea to ensure as fixed of an income as you can.

 

[Lisa558]

I absolutely see no reason to invest with people who don't need my money, I do, which is why land is my favorite form of investment vehicle.

Land is a headache, and real estate can plummet too.

 

[Moonglow]

Land is a headache, and real estate can plummet too.

Yes, but it's my real estate, not corporations and I have a real asset and not numbers on paper.

 

[Lisa558]

Nope. That would be an unwise move. Never sell on the way down or panic sell. You could end up losing more in the long run.
It will rebound.

But do evaluate your portfolio mix, especially if you are retired. Always a good idea to ensure as fixed of an income as you can.

I appreciate your words of advice. The question is….how long can one reasonably hold on until they are left with so little that there’s nothing to rebound from?

 

[Moonglow]

Yes, there’s no easy answer. That’s why I’m thinking two years of cash until we can get them out of the WH. The rest would remain in the stock market, so as to capture the recovery when Republicans restore sanity.

On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. It ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, and remained so until 11 October 2019, when it reverted to normal. Wikipedia

 

[Lisa558]

Yes, but it's my real estate, not corporations and I have a real asset and not numbers on paper.

Well, I have a real asset too - my house. But one doesn’t want to have investments in only a single asset class. That’s why it’s wise to spread your riches around - some real estate, some conservative bonds, some growth stocks, etc.

 

[Lisa558]

On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. It ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, and remained so until 11 October 2019, when it reverted to normal. Wikipedia

That’s because COVID was a temporary man-made crisis, and we recover quickly from those. But the march toward socialism and against capitalism can be a long slog, and the damage in the stock market can be felt for a decade or more.

 

[JackOfNoTrades]

I appreciate your words of advice. The question is….how long can one reasonably hold on until they are left with so little that there’s nothing to rebound from?

Look at dollar cost averaging out (some) money from stocks to fixed assets now that interest rates are on the rise.

Take your political beliefs and leanings out of your decision making. Look at things from purely a financial standpoint and make your decisions that way.

 

[Blues Man]

I know they say to “ride out a storm,” rather than sell after a big drop, but some of us retirees cannot risk watching the ant-capitalist policies wipe out another 20% of our portfolios, on top of the loss we have already suffered this last few months.

That said, anyone thinking of increasing their emergency cash reserves (by selling stock) from the usual six months to two years or so? That would enable us to ride out whatever more damage the Biden Administration has in store before sanity can be restored to the WH.

You only lose money when you sell at a loss.

If you do not absolutely have to sell don't if you do only sell the bare minimum.

 

[BlackSand]

What do you invest in when democrats are destroying the entire globe?

.

Land and Resources Acquistion

.​

 

[Blaster]

The stock market continues its downward spiral as Biden brags about the great economy.

 

[BlackSand]

I need my money myself, which is why land is my favorite form of investment vehicle.

.

Damn ... You beat me to it again. ... We might not ought to be telling people.

.​

 

[odanny]

I invested in battery and lithium stocks, and they have made me money during the downturn (not a lot, but some) and this has offset my other losses, giving me a net overall 2-4% loss for the year. There are ways around the downturn, but selling in a down market is not one of them.