this post was submitted on 14 Dec 2023
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chapotraphouse
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Sort of off-topic but for anyone else who bought stocks, Should I start selling? When people get greedy get fearful. I ended up buying some stocks since apparently the system just assumes we're all investors so if that's going to be how I get some of my money back from Wall Street, so be it. I don't like it at all but right now it's a matter of survival even if I have to play along with the capitalists for the time being.
But not even they can have the good times keep going on and on like this, the next crash is right around the corner.
If you are buying stocks for "retirement" (who the fuck knows if that'll pan out, eh) then no, don't sell. Just buy a total stock market fund like VT and never think about it until you're retired. If you need the money in the next 5 years, yes sell right now and don't buy stocks; only do that with long time horizons for your money.