Sell or Hold ETFs

Cadence
badshah2

Cadence

BIO
Amazon
badshah2more
Jul 11 15 Comments

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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TOP 15 Comments
  • Airbnb NotAnAlly
    Time in the market beats timing the market.
    Jul 11 1
    • Faithlife / Eng ICHI68
      And more money has been lost anticipating bear markets than actually has been lost during a bear market
      Jul 11
  • Tableau oboo
    What is your time frame for needing the money and what would you do with the money if you sold?
    Jul 11 4
    • Cadence
      badshah2

      Cadence

      BIO
      Amazon
      badshah2more
      OP
      Good question. Time frame for needing the money is approx after 1.5-2 years. Ill be needing it for downpayment for buying a house. Renting right now
      Jul 11
    • SAP / Strategy
      TC525

      SAP Strategy

      PRE
      SAP
      TC525more
      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
      Jul 11
    • Uber / Creative
      TC || 👉

      Uber Creative

      PRE
      Google
      TC || 👉more
      1.5-2 years is not short term. .5 is short term.

      Start gradually selling over a year before you need the cash.
      Jul 11
    • SAP / Strategy
      TC525

      SAP Strategy

      PRE
      SAP
      TC525more
      LOL. Market crashes and you’ll know how short term 1.5-2 years really is. That doesn’t mean your idea is wrong by the way.
      Jul 11
  • Tableau / Ops lIIll
    You can’t time the market. Stop trying.
    Jul 11 0
  • New / Other
    DuQvV7y

    New Other

    BIO
    Did stuff. Hustled hard. Retired
    DuQvV7ymore
    Sold all my 3x ETFs. Moved into 1x.

    It’s been a wild ride muchachos.
    Jul 11 2
    • Cadence
      badshah2

      Cadence

      BIO
      Amazon
      badshah2more
      OP
      What do you mean by 3x ETFs?
      Jul 11
    • New / Other
      DuQvV7y

      New Other

      BIO
      Did stuff. Hustled hard. Retired
      DuQvV7ymore
      Derivative ETF based on 3x NAV of the tracked entity. eg TQQQ or SPXL
      Jul 11
  • Sell now buy later
    Jul 11 0
  • Google əๅɓoo⅁
    You cannot time the market.
    Hold and keep buying more if you won’t need the money soon.
    I have been selling during the past year because buying another house...
    Jul 11 0
  • Microsoft pJcW86
    If you need to ask, don't bother trying to time the market, follow standard investment rules if you need the money in the next 5 years, keep it out of the market.
    Jul 11 0
  • Qualtrics ghall
    Keep buying monthly
    Jul 11 0