9 ms·
> Now is not a good time to sell your stock holdings (at least not anymore). This smells of a panic right now. I'd love to make large buys of stocks at a time
by Nuzzerino 7y ago
> Now is not a good time to sell your stock holdings (at least not anymore). This smells of a panic right now.
I'd love to make large buys of stocks at a time like this, but I have no idea whether my job/company/industry is safe. Last time I was laid off from work was particularly rough for me, and I'm only just now getting back on my feet.
The uncertainty of the situation is probably making many others think twice before buying/spending so that's going to make it harder for stock prices to recover in the short term.
- AQuantized 7y agoNobody can tell you what will happen for sure, but it might be a good idea to look for businesses with large market caps and capital stores to deploy that will make it much more likely they will survive this period.
- zilian 7y agoSo, just buy large-caps ETF ?