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If you are scared out of the market by a little ripple like this, investing in equities may not be a good fit, behaviorially. If you are thinking about taking i
by darkerside 6y ago
If you are scared out of the market by a little ripple like this, investing in equities may not be a good fit, behaviorially. If you are thinking about taking it out now, are you really sure you'll be able to stay in when the market drops 40%? If not, better to cut your losses now, reduce your equity holdings, and probably find someone to manage your money for you.
I self manage for the most part, but I also have at least some discipline and an awareness that the market could drop at any given time. It's only over the 5 year plus time horizon that I actually expect to make money.