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PoindexterOglethorpe

(28,449 posts)

4. Staying in the market is the best choice.

Reply to MoonlitKnight (Original post)

Tue Jun 2, 2020, 05:30 PM

Jun 2020

I know that some here sold everything after Trump was elected, which means they've missed out on a significant amount of gains.

The other thing people don't understand is that the markets tend to make their big moves in only a handful of days, so unless you can get a newspaper from the future, you'll miss out.

And if I move all my money to cash, it will steadily lose value. Thank you for your well-intended advice, but I cannot afford to liquidate everything.

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And the markets go up [View all] MoonlitKnight Jun 2020 OP

I thought everyone here took all their money out of the market after the 2016 election? MichMan Jun 2020 #1

I took it out a year later. Figured Obama's economy had some momentum forward. Squinch Jun 2020 #2

It's Still Within Equilibrium Range ProfessorGAC Jun 2020 #3

Staying in the market is the best choice. PoindexterOglethorpe Jun 2020 #4