WHO is pulling all of their money out of the stock market?

[Anonymous]

If you pull out your money after every catastrophe (or even stop contributions based on a catastrophe, just do yourself a favor and don't invest in the stock market. It takes discipline that you don't have and that's ok. Put your money in something else.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Lots of impatient people on here.

We haven’t hit bottom yet.

Wait.

Then buy.

+1

You have little chance of timing it correctly.

Conventional wisdom doesn't apply now. We know that 40% to 60% of the population will contract the virus in America and that 1% of these people will die. America has 360 million people. When 1 million people are dead this year do you think stocks are going to be up from their current point? Thinking that that's even a possibility is ridiculously clueless.]

If you think the market will not recover ever, or in the next 20 years, then if makes sense to take your money out. But if I think it will what’s the point of taking it out?

I have $20,000 in the market. Why would I just ride it down all the way to potentially 5,000 or 10,000? All the medical professionals are saying deaths are going to spike and the economists are saying unemployment might be at 20%. Why in the world would you think the market is going to go up in the next few months with those stats in mind?

Pull it out now and reinvest when the market bottoms out when hundreds of thousands of people are dead in the US. It is not getting better in the next few weeks, obviously.

This. We rode everything in 2008 all the way down and said we weren’t going to do it again this time - late 40s now. We had a lot hedged already but pulled a ton of money out after the second bad day. I know we will never get back in at exactly the right time but I feel OK about it anyway.

Wow, I didn't know we had so many people who are clairvoyant on this forum. You guys know when the market will bottom out and when it will start recovering. More power to you.

[Anonymous]

I keep adding. No one knows when the turn around is. It isn't like I can spend money on leisure activities and consumer goods now anyway that we have to stay at home. I'll just keep buying shares all though the panic, even if we enter a great depression and as.long as i get paid. I can wait 30 years.

[Anonymous]

Anonymous wrote:In my humble people advocate staying to stay the course because they do not want others to pull out of the market. When things are ugly you need company. The other reason is the strong belief that the government WILL always come to the rescue. People should always do what's best for them. Angrily telling people to stay the course or questioning their intellect for pulling out misses the point. People are in a tough position. What concerns me today is the future impact (tax rates, safety nets, etc...) on the economy as the result of the recent monetary policies and upcoming fiscal policies. I am worried! I hope someone can convince me that the way we are savings the market today will have no impacts whatsoever in the future.

Oh it will affect it terribly. Ballpark estimate of 2020 deficit: 2 trillion dollars. That's why everyone with half a brain lost their mines when a tax cut was passed during the "strongest economy ever in the history of the world" in 2017. Bad idea. But that is true whether you invest or not.

[Anonymous]

Anonymous wrote:If you pull out your money after every catastrophe (or even stop contributions based on a catastrophe, just do yourself a favor and don't invest in the stock market. It takes discipline that you don't have and that's ok. Put your money in something else.

..
This is going to lead to more deaths than the US suffered in WW2, where we lost 400,000. Look at that Dr. Gupta clip. We're headed for 500,000 to 2 million deaths. This is not like anything before.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you pull out your money after every catastrophe (or even stop contributions based on a catastrophe, just do yourself a favor and don't invest in the stock market. It takes discipline that you don't have and that's ok. Put your money in something else.

..
This is going to lead to more deaths than the US suffered in WW2, where we lost 400,000. Look at that Dr. Gupta clip. We're headed for 500,000 to 2 million deaths. This is not like anything before.

And? Was 9/11 like anything before?

We will recover, hopefully with different leadership. And it is the people who can keep calm that will reap all the gains.

[Anonymous]

I"m adding a little each week because, my God, a bottom has to happen soon.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you pull out your money after every catastrophe (or even stop contributions based on a catastrophe, just do yourself a favor and don't invest in the stock market. It takes discipline that you don't have and that's ok. Put your money in something else.

..
This is going to lead to more deaths than the US suffered in WW2, where we lost 400,000. Look at that Dr. Gupta clip. We're headed for 500,000 to 2 million deaths. This is not like anything before.

I believe that the 500,000 - 2 million is assuming no protection measures. Most of the country is enforcing social distancing very strongly.
How many of the WW2 deaths were young men of working age? How many of the COVD-19 deaths will be retirees? 90%? 95%? Terrible but not a problem for the economy long term.

[Anonymous]

For those saying "this is like everything else, just wait this out a few months and the market will bounce back."

This is the most recent literature about the virus. This is what governors are basing their shut downs on. Read this and then get back to us with your casual attitude about it:

https://www.imperial.ac.uk/media/imperial-college/...9-NPI-modelling-16-03-2020.pdf

The global impact of COVID-19 has been profound, and the public health threat it represents is the most serious seen in a respiratory virus since the 1918 H1N1 influenza pandemic. Here we present the results of epidemiological modelling which has informed policymaking in the UK and other countries in recent weeks. In the absence of a COVID-19 vaccine, we assess the potential role of a number of public health measures – so-called non-pharmaceutical interventions (NPIs) – aimed at reducing contact rates in the population and thereby reducing transmission of the virus. In the results presented here, we apply a previously published microsimulation model to two countries: the UK (Great Britain specifically) and the US. We conclude that the effectiveness of any one intervention in isolation is likely to be limited, requiring multiple interventions to be combined to have a substantial impact on transmission.


675,000 Americans were killed by the Spanish Flu in 1918, when the population was MUCH HIGHER. Be very scared of this.

[Anonymous]

Anonymous wrote:For those saying "this is like everything else, just wait this out a few months and the market will bounce back."

This is the most recent literature about the virus. This is what governors are basing their shut downs on. Read this and then get back to us with your casual attitude about it:

https://www.imperial.ac.uk/media/imperial-college/...9-NPI-modelling-16-03-2020.pdf

The global impact of COVID-19 has been profound, and the public health threat it represents is the most serious seen in a respiratory virus since the 1918 H1N1 influenza pandemic. Here we present the results of epidemiological modelling which has informed policymaking in the UK and other countries in recent weeks. In the absence of a COVID-19 vaccine, we assess the potential role of a number of public health measures – so-called non-pharmaceutical interventions (NPIs) – aimed at reducing contact rates in the population and thereby reducing transmission of the virus. In the results presented here, we apply a previously published microsimulation model to two countries: the UK (Great Britain specifically) and the US. We conclude that the effectiveness of any one intervention in isolation is likely to be limited, requiring multiple interventions to be combined to have a substantial impact on transmission.


675,000 Americans were killed by the Spanish Flu in 1918, when the population was MUCH HIGHER. Be very scared of this.

I am in no way "casual" about this disease, but I still think it is dumb to sell.

Why are you selling stock? How do you think it benefits you? If the stock market never recovers, do you really think cash or gold will hold value?

[Anonymous]

Anonymous wrote:For those saying "this is like everything else, just wait this out a few months and the market will bounce back."

This is the most recent literature about the virus. This is what governors are basing their shut downs on. Read this and then get back to us with your casual attitude about it:

https://www.imperial.ac.uk/media/imperial-college/...9-NPI-modelling-16-03-2020.pdf

The global impact of COVID-19 has been profound, and the public health threat it represents is the most serious seen in a respiratory virus since the 1918 H1N1 influenza pandemic. Here we present the results of epidemiological modelling which has informed policymaking in the UK and other countries in recent weeks. In the absence of a COVID-19 vaccine, we assess the potential role of a number of public health measures – so-called non-pharmaceutical interventions (NPIs) – aimed at reducing contact rates in the population and thereby reducing transmission of the virus. In the results presented here, we apply a previously published microsimulation model to two countries: the UK (Great Britain specifically) and the US. We conclude that the effectiveness of any one intervention in isolation is likely to be limited, requiring multiple interventions to be combined to have a substantial impact on transmission.


675,000 Americans were killed by the Spanish Flu in 1918, when the population was MUCH HIGHER. Be very scared of this.

Thanks, that link didn't work, I'm presuming its this?

https://www.imperial.ac.uk/media/imperial-college/medicine/sph/ide/gida-fellowships/Imperial-College-COVID19-NPI-modelling-16-03-2020.pdf

[Anonymous]

Anonymous wrote:I"m adding a little each week because, my God, a bottom has to happen soon.

I don’t personally think we are anywhere near the bottom.

[Anonymous]

Anonymous wrote:I cannot look at my 401k. Why are you pulling your money out????????

They said on CNBC today that something like 80% of the “traffic” is people liquidating/cashing out.

[Anonymous]

Anonymous wrote:For those saying "this is like everything else, just wait this out a few months and the market will bounce back."

This is the most recent literature about the virus. This is what governors are basing their shut downs on. Read this and then get back to us with your casual attitude about it:

https://www.imperial.ac.uk/media/imperial-college/...9-NPI-modelling-16-03-2020.pdf

The global impact of COVID-19 has been profound, and the public health threat it represents is the most serious seen in a respiratory virus since the 1918 H1N1 influenza pandemic. Here we present the results of epidemiological modelling which has informed policymaking in the UK and other countries in recent weeks. In the absence of a COVID-19 vaccine, we assess the potential role of a number of public health measures – so-called non-pharmaceutical interventions (NPIs) – aimed at reducing contact rates in the population and thereby reducing transmission of the virus. In the results presented here, we apply a previously published microsimulation model to two countries: the UK (Great Britain specifically) and the US. We conclude that the effectiveness of any one intervention in isolation is likely to be limited, requiring multiple interventions to be combined to have a substantial impact on transmission.


675,000 Americans were killed by the Spanish Flu in 1918, when the population was MUCH HIGHER. Be very scared of this.

This is not 1918 and most of the figures tossed around are factoring in NO intervention.

Also, 1918 was followed by 10 years of expansion and innovation. And there will be incredible innovation as a result of this pandemic. Everything we are seeing right now - all of these drastic changes to our society - will fuel innovation.

I am not saying this won’t be bad; it will be quite bad. But remember that no governor wants to be the headline for the state that didn’t act. With proper social distancing and self quarantines we can combat this. I know we are really focused on Italy right now, but China’s number are encouraging:
https://www.worldometers.info/coronavirus/country/china/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Lots of impatient people on here.

We haven’t hit bottom yet.

Wait.

Then buy.

+1

You have little chance of timing it correctly.

Conventional wisdom doesn't apply now. We know that 40% to 60% of the population will contract the virus in America and that 1% of these people will die. America has 360 million people. When 1 million people are dead this year do you think stocks are going to be up from their current point? Thinking that that's even a possibility is ridiculously clueless.]

If you think the market will not recover ever, or in the next 20 years, then if makes sense to take your money out. But if I think it will what’s the point of taking it out?

I have $20,000 in the market. Why would I just ride it down all the way to potentially 5,000 or 10,000? All the medical professionals are saying deaths are going to spike and the economists are saying unemployment might be at 20%. Why in the world would you think the market is going to go up in the next few months with those stats in mind?

Pull it out now and reinvest when the market bottoms out when hundreds of thousands of people are dead in the US. It is not getting better in the next few weeks, obviously.

This. We rode everything in 2008 all the way down and said we weren’t going to do it again this time - late 40s now. We had a lot hedged already but pulled a ton of money out after the second bad day. I know we will never get back in at exactly the right time but I feel OK about it anyway.

Wow, I didn't know we had so many people who are clairvoyant on this forum. You guys know when the market will bottom out and when it will start recovering. More power to you.

You are not a robot, you don’t have to walk off the cliff if you don’t want to.