S&P 500 briefly touched 3000 today for the first time in history with people simultaneously talking about a recession in 2020. What are you guys doing with your ETFs? Sell or Hold ? Just wanted to get a consensus of your thought process and why?
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- Tableau obooWhat is your time frame for needing the money and what would you do with the money if you sold?
- If you’re 100% certain that you need it, and buying a house it’s not just a want and actually rather random, then I’d sell and go to cash equivalent. Not because of the market conditions right now, but because of the short term needs.
Source: Myself, in the same boat. I identified this as a ant, not a need. Can rent for the next decade if I have to. Cool with that, hence not selling equity
- Sold all my 3x ETFs. Moved into 1x.
It’s been a wild ride muchachos.