While your timing is unfortunate, I don't recommend selling anything now. Many of us got beat up in 2008. But those who hung on and actually started buying in early 2009 did very well.
This too shall pass and after a scary period, greed will overcome fear and a broad based portfolio will be fine.
And then...when nobody is scared anymore and happy days are here again, I will be selling.
While your timing is unfortunate, I don't recommend selling anything now. Many of us got beat up in 2008. But those who hung on and actually started buying in early 2009 did very well.
This too shall pass and after a scary period, greed will overcome fear and a broad based portfolio will be fine.
And then...when nobody is scared anymore and happy days are here again, I will be selling.
While your timing is unfortunate, I don't recommend selling anything now. Many of us got beat up in 2008. But those who hung on and actually started buying in early 2009 did very well.
This too shall pass and after a scary period, greed will overcome fear and a broad based portfolio will be fine.
And then...when nobody is scared anymore and happy days are here again, I will be selling.
Yup thats what my guy says too - but its getting harder & harder to hang on - as the money goes down!
A paper loss is a worry. But it's only a real loss when we bail out. You know what they say...buy low, sell high.