Anonymous wrote:Anonymous wrote:Anonymous wrote:We have some cash in the sidelines. Wondering if we should be moving to the market now, given that the indices have come back to their levels pre-tariff meltdown.
This says it all, doesn’t it?
Poorly phrased initial post, but the question is what should our strategy be with the cash -- continue to hold the cash position with an anticipated market downturn later this year or DCA into the market strating now?
Anonymous wrote:Anonymous wrote:I sold during covid and was mad with myself for a very long time. But I moved on. Mistakes happen. We are all human. Forgive and forget. (But remember not to do it again.)
I bought cruiseline stocks. If the world ended, money wouldn't be useful. It's up 300%.
Anonymous wrote:I made a major mistake selling during the depths of the tariff meltdown.
Now that we are nearing a 20% recovery, anyone else in the same boat?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:never sell, ever
Yeah there are way too many millenials and GenZ who were raised on ZIRP that think it only “number go up”.
We are in a different world with inflation, and no longer the great moderation forever lowering interest rates.
I don’t know which way it will go, but we definitely live in a world with more risk and less tools for the Fed or govt to stabilize.
You’re not wrong, yet is is ALSO stupid to sell during a panicky downturn. A long term strategy with a more balanced portfolio for the long term isn’t a terrible idea. I wish there were some way to pull money out for a RE purchase with less of a penalty.
Open an SBLOC.
Anonymous wrote:Anonymous wrote:Anonymous wrote:never sell, ever
Yeah there are way too many millenials and GenZ who were raised on ZIRP that think it only “number go up”.
We are in a different world with inflation, and no longer the great moderation forever lowering interest rates.
I don’t know which way it will go, but we definitely live in a world with more risk and less tools for the Fed or govt to stabilize.
You’re not wrong, yet is is ALSO stupid to sell during a panicky downturn. A long term strategy with a more balanced portfolio for the long term isn’t a terrible idea. I wish there were some way to pull money out for a RE purchase with less of a penalty.
Anonymous wrote:Anonymous wrote:never sell, ever
Yeah there are way too many millenials and GenZ who were raised on ZIRP that think it only “number go up”.
We are in a different world with inflation, and no longer the great moderation forever lowering interest rates.
I don’t know which way it will go, but we definitely live in a world with more risk and less tools for the Fed or govt to stabilize.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I didn't sell but I am holding cash that was intended for investment during that time. I'm ok with that decision.
+1
So you’re content losing money to inflation? The best time to get in the market is always right now.
Anonymous wrote:I refuse to invest in Trump's economy. I am keeping my money safe in cash (not physical) until we have a legitimate government. Otherwise you are feeding the beast and all your talk is just talk.
Anonymous wrote:I made a major mistake selling during the depths of the tariff meltdown.
Now that we are nearing a 20% recovery, anyone else in the same boat?