Talk of The Villages Florida - View Single Post - We're in deep poop
View Single Post
 
Old 03-30-2020, 08:25 AM
justjim justjim is offline
Sage
Join Date: Feb 2012
Location: Illinois, Tennesee, Florida, Village of Caroline, Sanibel, LaBelle
Posts: 6,159
Thanks: 61
Thanked 1,776 Times in 753 Posts
Default Selling stock

Quote:
Originally Posted by Chatbrat View Post
All I know is tomorrow morning I'm totally selling all my equities--there is no way we can turn the mkts around by labor day- 4 months of total negativity, I'll be sitting pretty with cash when things turn around as long as I'm still alive--I'm 77 --we have way more than we can spend as it stands--take my advice when the Pres says stay put till Apr 30--its the beginning
Sorry to hear. I’m not an expert by any means but my opinion is that now is not a good time to sell and take such a loss. However, it’s up to each individual to do what they think is best in their particular situation. Best wishes, Jim
__________________
Most people are as happy as they make up their mind to be. Abraham Lincoln