Re:Trading halted as U.S. stocks plummet
by state_less on Monday March 09, 2020 @10:30AM
(#22525621)
Agreed, let's not discount COVID-19. You're going to get a steady drip of ugly news for months. There is reality to the COVID-19 news too. I'm expecting heavy hits to airlines, cruises, theme parks, sporting events, etc... Profits will decline.
If you're not needing the money soon, you'll probably be fine with riding it out like you may have with the great recession. I'm pained by the stories of boomers and others who sold low during the great recession and didn't catch any of the gains when things started turning back around. This too shall pass.
If you're not needing the money soon, you'll probably be fine with riding it out like you may have with the great recession. I'm pained by the stories of boomers and others who sold low during the great recession and didn't catch any of the gains when things started turning back around. This too shall pass.