5 ms·

Ask HN: Do you suggest to sell stocks after Omicron discovery?

6 points by register 5y ago

jbjbjbjb 5y ago
Timing the market i usually easier said than done. When do you buy back? What if the market goes down initially and then bounces back, are you still a seller or do you buy? I have a strategy to bring forward some of my regular investments if the market dips and sort of average into that.
netizen-936824 5y ago
What stocks and why? This question is rather vague.
- register 5y ago
  I have a bunch of ETF on the following markets: USA, Europe,Japan,China,Sud Corea and Switzerland. 55% are bonds and 45% stocks. Yesterday it lost 2,5%. I was relatively unlucky because I started to build this new portfolio two weeks ago.
ohiovr 5y ago
I still have my bouillon, chicken and beef.
- bicx 5y ago
  Same. I keep it in a jar in the pantry for safe-keeping.
TigeriusKirk 5y ago
If it alters the reasons you bought the stocks in the first place, perhaps.
- register 5y ago
  The intention is to keep the stocks at least in the mid term: 5-7 years.
throwaway4good 5y ago
Did you sell your stocks when covid orignally hit?
- register 5y ago
  This is the first portfolio that I have built all myself. Until now I have been relying on asset management companies. I have an old portfolio with them and I have to say that it behaved quite well and was enough stable during the pandemic. It obviously lost but it never reached -10% while the markert was something like -30%. I was pretty unlucky since I built this new portfolio two weeks ago. On Friday it lost 2.5% in a single day.
drakonka 5y ago
It depends on what your intention was when buying the stocks in the first place. I've only invested in low cost index funds and gold outside of my fun bucket, with the expectation that the value will fluctuate over the years. I don't intend to sell any time soon. If your investing strategy was designed to be more actively managed, your answer might be different.
- register 5y ago
  I was thinking of adding gold to my portfolio but believe the evaluation is too high right now.
muzani 5y ago
Yes, sell all stocks and buy bitcoin
icedchai 5y ago
Only if you want to lose money. Anyone who sold during the original Covid-related volatility (March, 2020) lost out. If you are a long term investor, this will be a small blip. There is no reason to think this time is any different. Also consider this news had unfortunate time: the day after a holiday, the market closing early, low volume, etc. It would be the perfect time for large institutions to shake out any weak retail investors.
- register 5y ago
  What do you mean with: "large institutions to shake out any weak retail investors"? Why should they do that?
  - icedchai 5y ago
    To make money? Retail investors have much smaller positions, think emotionally, and can be scared into selling at a lower price during these big drops.
mimetist 5y ago
Too late.
deleted 5y ago
[deleted]
turk- 5y ago
Buy the dip!
neophyt3 5y ago
Current vaccination is not going to work, so another year will go into development and trials and again there there will be lockdown imposed So even if still in 1% profit, book it and buy the dip

6 points by register 5y ago

Timing the market i usually easier said than done. When do you buy back? What if the market goes down initially and then bounces back, are you still a seller or do you buy? I have a strategy to bring forward some of my regular investments if the market dips and sort of average into that.

netizen-936824 5y ago

What stocks and why? This question is rather vague.

register 5y ago
I have a bunch of ETF on the following markets: USA, Europe,Japan,China,Sud Corea and Switzerland. 55% are bonds and 45% stocks. Yesterday it lost 2,5%. I was relatively unlucky because I started to build this new portfolio two weeks ago.

ohiovr 5y ago

I still have my bouillon, chicken and beef.

bicx 5y ago
Same. I keep it in a jar in the pantry for safe-keeping.

TigeriusKirk 5y ago

If it alters the reasons you bought the stocks in the first place, perhaps.

throwaway4good 5y ago

Did you sell your stocks when covid orignally hit?

register 5y ago
This is the first portfolio that I have built all myself. Until now I have been relying on asset management companies. I have an old portfolio with them and I have to say that it behaved quite well and was enough stable during the pandemic. It obviously lost but it never reached -10% while the markert was something like -30%. I was pretty unlucky since I built this new portfolio two weeks ago. On Friday it lost 2.5% in a single day.

drakonka 5y ago

It depends on what your intention was when buying the stocks in the first place. I've only invested in low cost index funds and gold outside of my fun bucket, with the expectation that the value will fluctuate over the years. I don't intend to sell any time soon. If your investing strategy was designed to be more actively managed, your answer might be different.

muzani 5y ago

Yes, sell all stocks and buy bitcoin

icedchai 5y ago

Only if you want to lose money. Anyone who sold during the original Covid-related volatility (March, 2020) lost out. If you are a long term investor, this will be a small blip. There is no reason to think this time is any different. Also consider this news had unfortunate time: the day after a holiday, the market closing early, low volume, etc. It would be the perfect time for large institutions to shake out any weak retail investors.

register 5y ago
What do you mean with: "large institutions to shake out any weak retail investors"? Why should they do that?
- icedchai 5y ago
  To make money? Retail investors have much smaller positions, think emotionally, and can be scared into selling at a lower price during these big drops.

mimetist 5y ago

Too late.

deleted 5y ago

[deleted]

turk- 5y ago

Buy the dip!

neophyt3 5y ago

Current vaccination is not going to work, so another year will go into development and trials and again there there will be lockdown imposed So even if still in 1% profit, book it and buy the dip