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yellowcanine

(36,750 posts)

4. The bottom did not fall out of the stock market. The Dow dropped about 5% over 2 days.

Reply to global1 (Original post)

Tue Jun 28, 2016, 12:09 PM

Jun 2016

That's not even a correction. It looks as if it will recover nearly 1% today and it is quite possible, even likely imo that in 2 months all of the losses will be recovered and then some. But I think you need to meet with a financial adviser and make sure your retirement portfolio is balanced so that you don't have to sell equities when they are down in value.

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You Brexit - You Fixit..... [View all] global1 Jun 2016 OP

Conservative British nationalists will not accept any blame and will double-down pampango Jun 2016 #1

You pretty much nailed what is and will happen in the near term. Wellstone ruled Jun 2016 #2

People should not be having to sell equities on a 5% drop in value. yellowcanine Jun 2016 #6

Sorry Guy, Wellstone ruled Jun 2016 #13

That's your experience. Doesn't have to be that way. yellowcanine Jun 2016 #15

Agree,withour a doubt you must have got lucky as to timing Wellstone ruled Jun 2016 #16

you didn't sell, did you? looks like everything is coming back. I hope you Gabi Hayes Jun 2016 #3

I don't know how you can claim that "everything is coming back." They haven't even formally Chakab Jun 2016 #8

No one knows but one can make the case that Brexit will be good for the 1% who drive the stock pampango Jun 2016 #10

The bottom did not fall out of the stock market. The Dow dropped about 5% over 2 days. yellowcanine Jun 2016 #4

After today's close, even the FTSE is only down less than 2% over the last week Major Nikon Jun 2016 #9

Well, nothing very promising has emerged so far TubbersUK Jun 2016 #5

Don't sell your stock C_U_L8R Jun 2016 #7

Good point. The collapsing pound makes the British poorer but it is great for visiting Americans. pampango Jun 2016 #11

London voted against leaving the EU struggle4progress Jun 2016 #12

I started a thread wondering about my colleagues malaise Jun 2016 #14