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Should I sell my mutual funds now or ride...
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You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 7
Thread images: 1
Should I sell my mutual funds now or ride out the storm? They dropped 4% since the start of the year and I'm start to lose money on them.
>>
when you bought them a year ago what was your exit plan
>>
you don't buy mutual funds to daytrade son. Just wait till they recover, a year, 5 years. wait.
>>
>>1046697
Why would you sell at a loss?
>>
>>1046733
Well if they keep falling down I'm going to be at an even bigger loss.

>>1046726
Yeah I guess, but I could also buy into a different fund that won't drop as much in the mean time.

>>1046722
I won't need that money for a long while, maybe 3 more years, maybe longer.
>>
>>1046773
if you're so worried about it you probably have too much exposure to stocks, maybe reduce and hold some more cash or bonds. if you thought it was a good idea to hold stocks 3 weeks ago prices have only gotten cheaper.
>>
>>1046697
NOW IS WHEN THE SHITTERS WILL PANIC

AFTER THEY'RE DONE SHITTING THEIR PANTS YOU

RIDE
IT
TO
THE
MOON
Thread replies: 7
Thread images: 1
Thread DB ID: 434341



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