Previously, I've said how I'm willing to sell some things as we are too stock heavy at ~ 85% maybe more.
I did sell some in IRA's not at the high nor the low point, but higher than 1 year ago.
I also sold off Royal Caribbean and Norwegian and Carnival at a loss, as they may not survive, these are in a taxable account, so will have a tax loss for them to claim next year.
Have been selling options on a few others, and a couple just got called, where I've sold it, including the option, for more than the stock is currently priced
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My concern is, nothing has changed since folks realized the virus is a problem, it's still here, so businesses will be severely impacted.
Example Ford opened their a plant and besides some workers being reluctant it all seemed good. Until one or two days later, someone tests positive, and they close the plant for a day or two to clean it.
How often are they going to be closing the plant each month ?
This is probably happening in lots of businesses.
Basically trying to balance between, normally optimistic and thinking what if it was 1/2 as bad as the Great Depression , and takes 14.5 yrs to return to previous high and beyond.