Comments on: Markets Plummet http://www.lifediversity.com/financial-diversity/markets-plummet/2008/01/04/ Diversify Your Life, Investments, & Business Thu, 08 Jan 2009 14:07:40 +0000 http://wordpress.org/?v=2.6 By: admin http://www.lifediversity.com/financial-diversity/markets-plummet/2008/01/04/#comment-202 admin Sat, 05 Jan 2008 22:51:01 +0000 http://www.lifediversity.com/financial-diversity/markets-plummet/2008/01/04/#comment-202 Rick, it is all about long term holdings and tax issues. While I could easily cash out and sit on the sidelines this is not a good way of thinking as in many situations you may mistakenly do this only to miss out on huge gains. Rick, it is all about long term holdings and tax issues. While I could easily cash out and sit on the sidelines this is not a good way of thinking as in many situations you may mistakenly do this only to miss out on huge gains.

]]> By: Fearlessrick http://www.lifediversity.com/financial-diversity/markets-plummet/2008/01/04/#comment-201 Fearlessrick Sat, 05 Jan 2008 15:00:49 +0000 http://www.lifediversity.com/financial-diversity/markets-plummet/2008/01/04/#comment-201 You realize that holding onto stocks after they've made you 20% is risky, especially when everything points to a recession, don't you? I looked at your holdings and I think I would sell almost all of them. Actually, should have sold them in August or September. There's no bounce left. You realize that holding onto stocks after they’ve made you 20% is risky, especially when everything points to a recession, don’t you?

I looked at your holdings and I think I would sell almost all of them. Actually, should have sold them in August or September. There’s no bounce left.

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