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Re: 20% stock market plunge
Old 05-19-2007, 08:58 AM   #9
Recycles dryer sheets
 
Join Date: May 2006
Posts: 374
Quote:
Originally Posted by Spanky
There is no way to know the duration in advance. If for sure it will last 12 months, sell and buy back by the 11th month. .
Yes. The question should be rephrased as: "If the maket has fallen 20% over the past year, what would you do at this point?"

For me, I think I would try to stick out. Maybe I'll use new money to buy into bonds. However I really don't know what I would do until I get there. I did manage to get thru the 1987 crash and the 2000 dot com bust. All I can say is Ouch!
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