Need I say more?!
I've been a firm believer if you have solid stocks / mutual funds and have another 5-10 years before retirement, ride it out; and fortunately I'm in this position. But it's been one heck of a ride and my stomach is starting to churn.
I'm looking at my portfolio and as of today I still have a decent gain; I'm thinking of getting out as odds are things are going to get worse before they get better. Where I live they just extended the restaurant closures by another week and more closures in other industries on the horizon.
Fear and greed - the 2 things that drive the market and I know it's a mistake to try to time the market.
My broker recommended maybe shaving 20% give or take off now, see where things are at over the next few weeks. Not to bad of an idea.
What is everyone's else's thoughts?
I've been a firm believer if you have solid stocks / mutual funds and have another 5-10 years before retirement, ride it out; and fortunately I'm in this position. But it's been one heck of a ride and my stomach is starting to churn.
I'm looking at my portfolio and as of today I still have a decent gain; I'm thinking of getting out as odds are things are going to get worse before they get better. Where I live they just extended the restaurant closures by another week and more closures in other industries on the horizon.
Fear and greed - the 2 things that drive the market and I know it's a mistake to try to time the market.
My broker recommended maybe shaving 20% give or take off now, see where things are at over the next few weeks. Not to bad of an idea.
What is everyone's else's thoughts?