Hello, guy in early 20s here. I invested $15k+ 3 months ago and held onto it until now, all in the S&P500 and I am bleeding bad. Considering the political climate with the trade wars and everything, I foresee even more decline. I know the common advice is the buy and hold but I don't want to wait another 10 years for everything to recover. I've been holding for 3 months now, and simply put I'm getting utterly screwed. Also I don't see any guarantee that things would recover. The S&P 500 is at records high, and for all I know the stock market could pull a Japan for the next 30 years. The only thing that keeps me in the market is the fact that historically, there has always been a gain 1 year after midterm elections. But with how things are going now...
Yeah, I fucking hate myself for choosing the time right before a bear market to invest. Great intro into the market right here.
Submitted November 23, 2018 at 04:59PM by Aishita https://ift.tt/2BvxQXP
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