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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="Deleted member 2897" data-source="post: 704689"><p>My personal advice (which is worth something very close to nothing) at this point is to not do anything rash. The market will go up 10% and then down 10% the next. At 45% cash, you should have enough money for a long time if the market stays down. But it won’t stay down forever. There’s no telling when it could change. For example, if we start seeing tremendous improvement from the use of drugs and development of vaccines in the rest of the world, the market could pop. We could also stay depressed if we have trouble clearing the virus and every time we remove restrictions we get another wave. I think the most important thing right now is to get to a place where you can sleep at night.</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 704689"] My personal advice (which is worth something very close to nothing) at this point is to not do anything rash. The market will go up 10% and then down 10% the next. At 45% cash, you should have enough money for a long time if the market stays down. But it won’t stay down forever. There’s no telling when it could change. For example, if we start seeing tremendous improvement from the use of drugs and development of vaccines in the rest of the world, the market could pop. We could also stay depressed if we have trouble clearing the virus and every time we remove restrictions we get another wave. I think the most important thing right now is to get to a place where you can sleep at night. [/QUOTE]
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General Investing and Economics Discussion - No Politics
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