Personal Finance and Investing

empedocles

(15,751 posts)

7. Big pic, each drop from a general investment perspective, was worse than the last.

Fri Feb 28, 2020, 02:19 PM

Feb 2020

For example, 2009, the DJI and S&P were down about 50%. It took 5 years of no gains just to break even - that's not good.

[Yes, individual cases will vary - the concept is things have been getting worse. the debt bubble, trump, and the corona virus don't bode well. Perhaps, trump will get his miracle cure next week . . . however . . . ]

[I would shift to T-bills until more sense of what is going on occurs. What I've done in fact, was few months ago increased my bear fund stake, which has counter balanced this stock drop very well. Investments I can control are in T-bills]

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Don't panic [View all] question everything Feb 2020 OP

"Never sit around discussing things rationally when the situation calls for panic"-George brewens Feb 2020 #1

Note that each of your market drops was progressively worse than the last. empedocles Feb 2020 #2

Amount, not percentage question everything Feb 2020 #5

Big pic, each drop from a general investment perspective, was worse than the last. empedocles Feb 2020 #7

Thank you Delphinus Feb 2020 #3

If you have a long time horizon, that is sound advice... Moostache Feb 2020 #4

Agree. And there is adequate amount of cash in our taxable account question everything Feb 2020 #6

Same here. safeinOhio Feb 2020 #8

.. question everything Feb 2020 #9

I use my dividends for income in my old age, but safeinOhio Feb 2020 #10

Events like this are why it is a good idea to keep some cash A HERETIC I AM Feb 2020 #11

A good plunge is an opportunity to do some trimming and pruning with reduced cap gains progree Feb 2020 #12

Perfect! A HERETIC I AM Feb 2020 #13

True. I wish it was all in IRAs (prefereably Roths) so I don't have to worry about tax implications progree Feb 2020 #15

On the inheritance - I was lucky, my parents both believed in equities because of its vastly vastly progree Feb 2020 #16

And... in praise of our 50-50 stock bonds question everything Feb 2020 #14