Quote:
Originally Posted by fearlessmark
The question is, Is there ever a time when you should just liquidate everything to turn it into cash? The last downturn did a number on my investments, so I'm wondering if there is a threshold on this.
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I've been on all sides of this decision, started investing in the late 90s and have seen 3 major market busts during that time. I've been all in, done real well at times...and went to 100% cash back in 2011...completely fed up with the market.
With the help of this thread, I've been tip toeing back into the market since early 2014...only this time in a different way than ever before. I'm still less than 50% invested and still averaging in, but I will say this downturn has felt completely different for me than any other. I'm still sleeping soundly at night and waiting for chances to trickle more back into my core holdings.
Nobody can tell you what to do, you have to pick your comfort level yourself. Being an informed investor and understanding the companies you own helps tremendously with the comfort levels. Good luck...