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That's the most depressing headline I've ever read in my life
...so far ๐
Man that is a bleak fucking headline
I mean, yeah, but EVERYTHING soared this week. Stocks, historically, are volatile as hell in the month following a presidential election, so it's hard for me to take any conclusions seriously.
Personally, I'm just holding. The market will probably correct in a few weeks.
I've sold off a few things that are peaking and plan to hold onto some cash for a bit.
Not a bad way to go either, provided you're selling high. Just be sure you're taking taxes into account when doing so. It might not be advantageous in the short run to sell things at a profit if your shares don't quality for LTCG.
Yeah, I am offsetting with cap losses.
I thought it would dive after he took office last time and sold Microsoft stock that is worth over 10x more now than when I sold it. I ain't selling shit this time!