IRA / Stocks
I AM 67 YEARS OLD AND HAVE 50,000 LEFT IN MY OR A DOWN FROM 55,000 AT THE START OF THE YEAR. THIS IS ABOUT ALL I HAVE, SHOULD I STAY IN OR CASH OUT OUT.
Terry Says
I have no idea whether the market will rebound. There’s an old saying, “sell down to the sleeping point”!
If you can’t afford any more losses, sell at least half of your position. That way you will only be half wrong — or half right.