Go to cash or ride it out?

CFA General
#1

So recent losses just wiped out about two years + or gains in my brokerage account. What are you doing. Should we just fold and get out?

#2

loss aversion warning

#3

I’m not one to recommend averaging down, but I’d like to add to my positions and see where it lands me in 5 years.

#4

if you’re more conservative, i say move at least 50% of your equity positions to cash/money market/stable value/ fixed income/ etc… start building positions when 1) favorable valuations (i.e. right now) 2) at least 1 month of positive price momemtum just my 2 cent or you can be stubbornly aggressive and dollar-cost average down financials :o (ETFs like XLF, UYG)

#5

dollar cost averaging :frowning: