Quote:
Originally Posted by street
Wow! With all the threads I have been seeing with this pandemic, it seems a lot have sold or got out of markets. I am surprised by the people bailing from the markets.
Just wondering if any have pretty much stayed the course and going to ride it out or even buying more?
I really don't plan on sell or changing my course at this time. I might someday if things straighten out which maybe years from now.
So, is there any other going to hang in there and stay the course?
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i would call my choice 'adjusting '
i took some sensible profits but i would have done that anyway just maybe not that week
i took investment cash risk off the table but let the profits run , where sensible to do so , again not unusual for me anytime in the last six years
i DID save a little harder and build up a better cash buffer just in case reasonable opportunities appeared , so is saving harder and trimming spending is changing course i guess i did
i stayed MOSTLY invested because that was always my plan if 'the everything bubble ' burst , that virus was just an unexpected twist , that influenced where i put new investment cash ( i would not have learned so much toward health-care normally )
even now i am still taking the rare sensible profit
apart from new sector bias most would find it difficult to see the changes
BTW i am mentally prepared for a second LARGE drop as wrecked company balance sheets become obvious , and am calmly building that cash buffer once again , but not desperately off-loading assets to do so
are the ones selling smarter than me , maybe .. i guess time will tell