In Reply to: Re: Blame Biden and lie again? What's new? posted by russsmith on December 18, 2024 at 16:07:31
solid companies and well diversified there's no reason to ever try to time a market. Aside from large tax consequences if you have a lot of profit, you will likely either be wrong or miss a huge comeback. The only time I ever bailed was with the tech bubble because I knew it was a bubble and not just market jitters.
I might worry if I saw signs of a total public panic but that's not even on the horizon. The market has more big money behind it than trump and Musk combined. A few billionaires might make a sizable dent but they can't tear it all down, and it will come back.
If anything remains stable during the trump fiasco it will be rich people maintaining their wealth, and that includes the market.