Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I don't listen to "smart" investors who talk about their gains. It's like talking to a marine in the island campaigns of WWII. The only sure way to know if that soldier won or lost is if he survived. Luck has a lot to do with it. So how do we remove luck?
So what do we know for sure. Buy low and sell high. If your investment horizon, in time, is long enough, there will be market sell offs that you can't miss. Like this Covid-19 sell off. So here is a buying opportunity. That takes care of when you buy.
When you sell is anytime your stocks, mutual funds, etc. are valued higher than when you purchased them. That takes care of when you sell.
If you also consider that we are headed for the great depression, then you shouldn't be in the market.
Not sure I really want an answer, but for the run-of-the-mill "managed" ("index"?) portfolio invested in safe/moderate stocks, what are the current losses, percentage-wise?
Asking for a retired friend who got nowhere with Google.
Looks to me like the DOW index is down almost 17%
Jan 2 2020 opening - 28,538
May 1, 2020 close - 23,724
Difference - 4,814 or 16.9%
I am thankful we pulled out of the market when we did.
When are you going to get back in?
The problem with market timing is you have to be right twice - when to get out and when to get back in.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.