Ask HN: Do you suggest to sell stocks after Omicron discovery? | Hacker News Reader

Ask HN: Do you suggest to sell stocks after Omicron discovery?

6 pointsregister18 comments

Only if you want to lose money. Anyone who sold during the original Covid-related volatility (March, 2020) lost out. If you are a long term investor, this will be a small blip. There is no reason to think this time is any different.

Also consider this news had unfortunate time: the day after a holiday, the market closing early, low volume, etc. It would be the perfect time for large institutions to shake out any weak retail investors.

What do you mean with: "large institutions to shake out any weak retail investors"? Why should they do that?

To make money? Retail investors have much smaller positions, think emotionally, and can be scared into selling at a lower price during these big drops.

Timing the market i usually easier said than done. When do you buy back? What if the market goes down initially and then bounces back, are you still a seller or do you buy?

I have a strategy to bring forward some of my regular investments if the market dips and sort of average into that.

I still have my bouillon, chicken and beef.

Same. I keep it in a jar in the pantry for safe-keeping.

It depends on what your intention was when buying the stocks in the first place. I've only invested in low cost index funds and gold outside of my fun bucket, with the expectation that the value will fluctuate over the years. I don't intend to sell any time soon. If your investing strategy was designed to be more actively managed, your answer might be different.

I was thinking of adding gold to my portfolio but believe the evaluation is too high right now.

Did you sell your stocks when covid orignally hit?

This is the first portfolio that I have built all myself. Until now I have been relying on asset management companies. I have an old portfolio with them and I have to say that it behaved quite well and was enough stable during the pandemic. It obviously lost but it never reached -10% while the markert was something like -30%. I was pretty unlucky since I built this new portfolio two weeks ago. On Friday it lost 2.5% in a single day.

Yes, sell all stocks and buy bitcoin

If it alters the reasons you bought the stocks in the first place, perhaps.

The intention is to keep the stocks at least in the mid term: 5-7 years.

What stocks and why? This question is rather vague.

I have a bunch of ETF on the following markets: USA, Europe,Japan,China,Sud Corea and Switzerland. 55% are bonds and 45% stocks. Yesterday it lost 2,5%. I was relatively unlucky because I started to build this new portfolio two weeks ago.

Too late.

Current vaccination is not going to work, so another year will go into development and trials and again there there will be lockdown imposed So even if still in 1% profit, book it and buy the dip

Buy the dip!

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