Depending on when you cashed out, hopefully you didn't take your paper losses and make them into actual losses. Will you return to the stock market? How will you know when the right time is to get back in? When you see a solid upward trend or when the market is back to where it was?
I spent 20 years as a Financial Consultant. I have faith in the market and have never sold during any of the market downturns. If you look at a graph of market performance over the last 70 years, you will see some serious market dips. You will also see that these are followed by recoveries that go well beyond the previous market highs. I have never panicked during a serious preferring to "ride it out." This way, I will never miss the upturn or have to worry when is the right time to get back in. During this current crisis and the market reaching "Bear" territory, I held my position, continued to receive dividends and, as of today, have recovered over 70% of my paper loss. I have good feelings about being made whole before year end.
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