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GETPLANING

(846 posts)

6. Do not sell.

Reply to Ninga (Original post)

Mon Mar 23, 2020, 05:10 PM

Mar 2020

All that will accomplish is locking in your losses, and giving your shares away to someone who will profit immensely from your loss later.
The markets will come back. They always do. Take it from someone who has made all the mistakes one can make.
I have made a living investing by two rules.
1. When things look like they just can't get any worse, it's because they can't. Buy.
2. When things look like they just can't be any better, it's because they can't. Sell.
Counter-intuitive as hell, but it works.

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16 replies

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Highlight:

Believe it. This is worse than the 1929 stock market crash. [View all] Ninga Mar 2020 OP

Same here. We are being robbed. Walleye Mar 2020 #1

Right before our eyes! Please, somebody shut him up and save the economy! Ninga Mar 2020 #2

Welcome to Plan B - be as expensive as one can! Backseat Driver Mar 2020 #3

Thirty percent unemployment by end of next month. sarcasmo Mar 2020 #4

he wants bdamomma Mar 2020 #5

Do not sell. GETPLANING Mar 2020 #6

Good advice. Hold on! Don't sell! slumcamper Mar 2020 #11

We keep buying... NurseJackie Mar 2020 #14

This message was self-deleted by its author AdamGG Mar 2020 #7

sorry. hope your 401k bounces back Demovictory9 Mar 2020 #8

Down about 10000 in a month struggle4progress Mar 2020 #9

So the cycle continues, another Democratic President is going to need to save the country again Pepsidog Mar 2020 #10

They are going to be itching to bolster it back up Cosmocat Mar 2020 #12

Thanks DU peeps! Ninga Mar 2020 #13

Biden is near 80 and he's going to have to fix this mess IronLionZion Mar 2020 #15

Indexing is exacerbating ETF liquidations bucolic_frolic Mar 2020 #16