Quote:
Originally Posted by Hammock Parties
Scared money don't make money.
I think I'd be more scared if the rest of the market hadn't recovered so nicely just in time.
I think most will be a lot more apt to hold now, especially with the big investors not able to sell for six months.
I'm gonna lose a bunch of money to the government if I sell now ANYWAY, so my position is I might as well hold.
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That’s not my point.....read be fearful when others are greedy.
Record highs in July or August won’t be here to stay for the market as a whole. What will you do when the market sentiment turns and the Fed steps back?
I’m guessing your income bracket isn’t high enough to worry a ton about capital gains. Made money is made money.