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I've been asking people, might as well ask you. When's the right time to cash out of the casino? Maybe buy puts?
Might seem crass to talk about making money off this disaster, but I have people I love to take care of.
Sept. 2, 1929.
Depends, are you near retirement age? Else holding for another 20 years is nearly always the right move. Hold and buy the dip, if at all possible.
Haha I'll never retire. I know this advice has been true forever but this time really could be different. Thanks.
If it's ACTUALLY different, the US dollar no longer exists. so no worries trying to outplay
I've said pretty much the same thing before!
The best way to win is not to play
Thanks for responding but the best way to win is to play smart. I've made great plays and stupid plays. 90% of the money we've saved for a downpayment on a house is in the market, in index funds.
I'm just asking around, mostly in person, for when other people are going to cash out and why.