Money Blog: Selling in the Bear Market?Why Despair is a Bad Counselor
Those who have set up their finances conservatively, have a diversified portfolio and a long investment horizon can sit out the bear phase well.
Deep Red Depot: Despite the recovery since the beginning of the year, many are still sitting on book losses – and it will probably remain turbulent.
Foto: Getty Images
I own 240 worth of mutual funds‘000 francs, individual titles worth 75‘000 francs and cash worth 230‘000 francs. Should I sell funds? I expect prices to go down further. I don’t need the money for many years. I wonder if prices will ever come close to those late 2021 levels? Can prices go down much further? I own a house, the mortgage is still 120‘000 francs. The individual stocks are predominantly blue chips. I’ve lost money time and time again by selling at the worst possible time and telling myself I’ll never do it again. Reader question from AK
Related posts:
ORN IPO: Securities Information Presented by Ornsirin Holding Public Company Limited and Financial A...
BlockFi Emerges from Bankruptcy: Funds Distribution and Compensation Details
Still problems with DigiD: 'Sometimes it doesn't work'
Good Morning World 》 In Might, the CPI elevated 2.24% 12 months on 12 months, breaking the inflation...
