Dow below 40000 by end of the year

[Anonymous]

Anonymous wrote:There is too much volatility unfortunately the best course of action is to do nothing.

If you are a long term investor who doesn't need the money in 5 years or so, you should be able to stomach up to 50% decline. No need to panic if your losses haven't reached -50%

But I'm not an expert. That's just the mindset I have. When we tabulate all our assets we consider our equity position to be 50% less than what it is. This way if we have a true economic calamity we are not going to have strokes lol

I like that philosophy! Helps keep me from freaking out right now. 50% drop is huge, but I would still be able to survive with just that, and perhaps even enough to help those that are truly rocked by such a drop.

[Anonymous]

So if I have money sitting in my Ira, I just maxed out for last year, should I invest or wait until maybe summer? It’s a small amount but it matters to me, I am 50 fwiw