The 2nd wave may have started

Pretty dark alley in the stock market after the election, be pretty hard to think it would still be straight and lighted.

 

Why gamble, be safe, what percentage are you going to lose if you pull out for a month?

 

TWSS

 

I still have a lot of time to invest and the hassle of pulling the money out doesn't appeal to me... and I just don't see how the market doesn't come surging back regardless of who ends up in office, or even if this current recession is prolonged.

 

Now that was a good one.

 

Oh Boy!

A thread where I can insert (candidate) and or affiliation along with a distain for our State leadership...

WTF's wrong with you guys?

Now why did the mods close this one?

 

I can literally move money within my accounts in less than five minutes. This hassle would have saved me six digits had I done it in April.

 

Don’t be a party pooper!!

 

Why, he isn't wrong....

No, it wasn't.

Possibly. But, I am good with a fire sale for a while. I am young enough.

Absolutely 100% is. Can confirm!

And it is all directly related to everyone of us, more so than it is political.

I am getting sick of the "it's political" bitching about stupid stuff, like COVID.

 

LOL, done week before last. Uncertainty will happen no matter what happens and the market will get squirrely...

 

I can pull my retirement accounts with no penalty right now... am I missing something? Should I be parking that money somewhere else right now? Just feels like i've been here, done that already and it always bounces back.

 

If you're not looking to cash in and retire in the relative short term, there's no reason to panic and start moving money around.

 

The market (assuming you are invested mostly in U.S. markets) bottomed in March. They were coming back by April, but still down quite a bit from the historical highs of early February and a lot lower than were the markets are now. Selling in April and parking the money in cash equivalents would have been a textbook example in hindsight of locking in losses. Maybe your exposure is heavy in specific stocks that performed very differently than the Dow and S&P indices.