SusanHaack
Loves Spam
- Joined
- Feb 6, 2020
- Posts
- 842
Yes.
Some people are taking it in the shorts, others are selling short. Guess which ones are making the money.
As a note bene, I don't do that. I'm not astute enough to gauge the market and know which stocks are going to fall and by how much. However, I sold my last ETF on a bump the other day. Which stopped the blood loss and gave me a bit more cap gains in my portfolio. When the market stabilizes, I'll buy back in again to the same ETF's when their prices are at or near the bottom. IIRC, my best ETF has something like a 19% average return over 10 years with moderate risk. That's a good investment in my opinion.
Bezos is sitting pretty right about now. Didn't he sell off 2.8 billion in stock about 3 weeks ago? But i don't know how much prettier it gets than 110 billion.

I hear ya, i'm not savvy enough either, but high risk = high return, amirite?