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It really depends where you are on the age spectrum. It the SM takes a real dump and goes bear......some people don't have the time. Not everyone is under 50 years old here.
I feel like it doesn't really matter, if you live long enough, you will see a market pull back in your retirement.It’s great to be 60. I’m having delayed empathy for all the folks I knew who were 58-60 in 2008. It delayed many retirements.
I pulled back and took some long time profits.....I'm 53 and likely will put some back because you just can't sit on cash in todays environment.It’s great to be 60. I’m having delayed empathy for all the folks I knew who were 58-60 in 2008. It delayed many retirements.
If your less than 50.....this is pretty much the answer.I don't have the stomach for this. I really just need to work, invest routinely and not look!
I sold everything but my oil stocks, and stocks that I was long and way up on.........still very bullish on oil, and maybe banks. Since Biden rolled in here they've done everything they can to get oil to 100 a barrel.Hey oil and gas plays are holding up. Wonder if it has anything to do with Russia/Ukraine/Nordstream 2/virtue signaling europeans.