Already a market crash? Should we sell? 😱

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You buy in a market crash not sell

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OP - this was a small pullback, like 1-2%. Not a crash. Stocks can even rally tomorrow and nobody will think twice about it.

If you are sitting on massive tech gains, I'd probably lock those in soon as the next month or 2 could get bumpy. All it takes is a few red days and people will flock to the exits.

Also you can hedge if you want

likehelpful

They already are

Please do sell! Lol

likefunny

Fuck billable hours. Fuck referrals, bonuses, raises, etc.

Capitalizing on these market dips is how slightly above average joes like me have a real shot to build real wealth. Please please please sell off

They pulled back cause California is scaling back on lockdown. Market crash? Lol

funny

Don’t pick trendy stocks. Pick solid, battle tested companies in diverse industries that have room to go up and get them at good prices. When you’re scared in a dip, it’s time to buy. When it drops more, buy more and lower your cost basis. Always buy low and sell high. Keep adding to core holdings in the dips. Dividends are your friend. It’s free money. Don’t but in big chunks. Nibble nibble. 1000 bucks at a time.

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Won’t you want to lock down on the profits made so far though?

Not usually. Unless you need the cash for a better investment. Whateever has the most upside is what you should put money on.

smart

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