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I've sold most of my international/US-biased stocks, only keep a few, plus some local company that I know is doing pretty OK.
I replaced it with mostly high-security stuff like the bank savings account or European central bank rate coupled stuff. So I guess I am losing the potential interest?
I am still not sure when to "buy the drop". I bet that (sadly), the US administration will do more bullshit before it gets better.
Yeah, that’s what I did with my 401(k) put into a money market. It’s been there for a while now and after I moved it, the markets have only dropped. Could it in theory come back before I have a chance to buy back in, yeah, that is possibility but at least I still have the money that I moved from the normal investments over to a money market account. At least I didn’t go negative on that.
Even if I bought back in right this moment, I would still have saved the severe droppings of the last week and a half. Only is I don’t know if we’re still going down yet and how far. I do believe we are still going in the downward motion I think it’s coming back yet. Yeah it’s pretty much gambling on my money, but I honestly believe that this is the better option.