This bull market is fucking nuts right now and it's making me nervous. What kind of proactive steps do you guys take to reduce your exposure before the inevitable correction comes?
How soon are you retiring? If not any time soon ride it with stops placed if you are 5 years out, sell half and ride it with stops placed if 1 year out sell sell sell...
If the market didnt tank during this shitshow of a past 9 months it's not going to tank anytime soon as the economy recovers, SMBs get more stable footing, and unemployment continues to drop
Only danger is the Biden admin doing something fucking stupid
If the market didnt tank during this shitshow of a past 9 months it's not going to tank anytime soon as the economy recovers, SMBs get more stable footing, and unemployment continues to drop
Only danger is the Biden admin doing something fucking stupid
This bull market is fucking nuts right now and it's making me nervous. What kind of proactive steps do you guys take to reduce your exposure before the inevitable correction comes?
How soon are you retiring? If not any time soon ride it with stops placed if you are 5 years out, sell half and ride it with stops placed if 1 year out sell sell sell...
This bull market is fucking nuts right now and it's making me nervous. What kind of proactive steps do you guys take to reduce your exposure before the inevitable correction comes?
How soon are you retiring? If not any time soon ride it with stops placed if you are 5 years out, sell half and ride it with stops placed if 1 year out sell sell sell...
Translate please; IDK what that means.
It's a layered exit strategy based on your risk tolerance relative to when you NEED your nest egg.
In short, if you need your nest egg very soon, gtfo now. Forego any potential upside from this moment fwd.
If you don't need it for a while, make sure to have stop-losses in place whilst trying to capture more of the inflationary runup.
This bull market is fucking nuts right now and it's making me nervous. What kind of proactive steps do you guys take to reduce your exposure before the inevitable correction comes?
How soon are you retiring? If not any time soon ride it with stops placed if you are 5 years out, sell half and ride it with stops placed if 1 year out sell sell sell...
Translate please; IDK what that means.
It's a layered exit strategy based on your risk tolerance relative to when you NEED your nest egg.
In short, if you need your nest egg very soon, gtfo now. Forego any potential upside from this moment fwd.
If you don't need it for a while, make sure to have stop-losses in place whilst trying to capture more of the inflationary runup.
If the market didnt tank during this shitshow of a past 9 months it's not going to tank anytime soon as the economy recovers, SMBs get more stable footing, and unemployment continues to drop
Only danger is the Biden admin doing something fucking stupid
This bull market is fucking nuts right now and it's making me nervous. What kind of proactive steps do you guys take to reduce your exposure before the inevitable correction comes?
How soon are you retiring? If not any time soon ride it with stops placed if you are 5 years out, sell half and ride it with stops placed if 1 year out sell sell sell...
Translate please; IDK what that means.
It's a layered exit strategy based on your risk tolerance relative to when you NEED your nest egg.
In short, if you need your nest egg very soon, gtfo now. Forego any potential upside from this moment fwd.
If you don't need it for a while, make sure to have stop-losses in place whilst trying to capture more of the inflationary runup.
Thank you!
7 years. Seems like I just keep riding then.
The Throbber made the poont regarding Lord's of Finance that the fallout had global repercussions lasting literally multiple decades.
With that in mind relative to the advice proffered by @Goduckies, 7 yrs = 5yr exit strategy.
This bull market is fucking nuts right now and it's making me nervous. What kind of proactive steps do you guys take to reduce your exposure before the inevitable correction comes?
How soon are you retiring? If not any time soon ride it with stops placed if you are 5 years out, sell half and ride it with stops placed if 1 year out sell sell sell...
Translate please; IDK what that means.
It's a layered exit strategy based on your risk tolerance relative to when you NEED your nest egg.
In short, if you need your nest egg very soon, gtfo now. Forego any potential upside from this moment fwd.
If you don't need it for a while, make sure to have stop-losses in place whilst trying to capture more of the inflationary runup.
Stop losses, Again!
Lol.
Stop losses for retail investors during market turmoil seldom if ever get executed at that price you’re expecting. If you think otherwise, I suggest you put down the brochure and start doing a little research.
The dead accounts are stacked like cordwood.
Put another way, when the cattle are all stampeding for the door, do you really believe the Institutions stand back to let YOU through first?
Comments
LOL.
Only danger is the Biden admin doing something fucking stupid
In short, if you need your nest egg very soon, gtfo now. Forego any potential upside from this moment fwd.
If you don't need it for a while, make sure to have stop-losses in place whilst trying to capture more of the inflationary runup.
7 years. Seems like I just keep riding then.
With that in mind relative to the advice proffered by @Goduckies, 7 yrs = 5yr exit strategy.
Lol.
Stop losses for retail investors during market turmoil seldom if ever get executed at that price you’re expecting. If you think otherwise, I suggest you put down the brochure and start doing a little research.
The dead accounts are stacked like cordwood.
Put another way, when the cattle are all stampeding for the door, do you really believe the Institutions stand back to let YOU through first?