General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI own some stock
including a few shares of a stock that fell 45% today.
But I'm okay with it. If it takes a tanked stock market to move some people off the fence, or even pry away some MAGAts, then I say let it tank.
msongs
(67,453 posts)Squinch
(51,021 posts)I put everything into safe alternatives and I only make 5% a year. I was feeling really stupid about that as the stock market soared.
But this week, I broke even. And I've avoided all the angst.
yardwork
(61,712 posts)A HERETIC I AM
(24,380 posts)It's anybody's guess how much downward pressure is still left to run, but if one doesn't take advantage of good companies when they are basically on sale, well.....
Never EVER trade on emotion. Like the old saying goes, when others are panicking, that's the time to consider buying. When others are jubilant, that's the time to consider selling.
Another one (And I'm paraphrasing both)
When there's blood on the floor and everyone is heading for the doors, the smart money turns around and goes back in.
oldtime dfl_er
(6,931 posts)"Potter isn't selling! Potter's buying!"