March 17th, 2020 at 12:18 PM
Could be natural attrition and a coincidence.
Could also be the expectation that we've been way overdue for a recession, so the next one might be real bad, and they don't want to deal with that. Who knows?
Been seeing so many people in some of my Financial Groups decrying they lost ##% of their saving or portfolio in the "stock market crash" and moved assets to bonds to prevent them falling further. I just want to yell at them! You only realize the loss when you sell, which you just did. All the selling only drives it further down. WHen it does come back up, you're going to be stuck in bonds and you'll pay the higher cost to get back in, realizing your losses TWICE! I can't with people.
Could also be the expectation that we've been way overdue for a recession, so the next one might be real bad, and they don't want to deal with that. Who knows?
Been seeing so many people in some of my Financial Groups decrying they lost ##% of their saving or portfolio in the "stock market crash" and moved assets to bonds to prevent them falling further. I just want to yell at them! You only realize the loss when you sell, which you just did. All the selling only drives it further down. WHen it does come back up, you're going to be stuck in bonds and you'll pay the higher cost to get back in, realizing your losses TWICE! I can't with people.
