General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumsstock market is crashing but do not panic.
Now is not the time to pull and sell your assets, or you will realize the losses. If we are heading towards a bear market (more than 20 % drop, which would mean going from 50k to 40k on the DOW), it will take on average 2 to 3 years to recover. If it's less than a bear market, it's usually months.
If you are within a few years of retiring, you can ride this and come out ok because after a big down, the recovery will make us coast for a couple of years, which is crucial for the first two years of your retirement for long term survival of your 401k funds.
As usual, the next democratic president in 2029 will have to mop up from Trump's mayhem.
Johonny
(26,015 posts)The media tells us that over and over...
drray23
(8,715 posts)If you actually look at metrics, it is always true that when a democrat is president we are better off in the economy or job market. Every recession starts under republicans and then the next dem has to work to clean it up. Voters being shortsighted get frustrated at that taking too long and elect another republican. Rinse and Repeat.
Skittles
(171,052 posts)Dems are treated like women / POC, we have to be twice as good to be considered half as good......repukes are constantly getting whitewashed.....we never see those REPUBLICANS IN DISARRAY headlines
BaronChocula
(4,435 posts)Generally speaking, if you're with a group that looks like Picture A, you get none of the passes, all the doubt, all the blame and none of the credit. If you're with a group that looks like picture B, you get all the passes, none of the doubt, none of the blame, and all of the credit.
Picture A

Picture B

Skittles
(171,052 posts)the greedy old pig party gets a constant pass - the bar is set so low for them that for all practical purposes, it simply does not exist
yourout
(8,786 posts)If it's a small recession no big deal. If it's a 1930 style depression it could wipe out a lot of people.
And with the sycophants currently in power there is little hope of correction.
Ferrets are Cool
(22,824 posts)cliffside
(1,672 posts)there are many factors that go into when to reduce or increase exposure to the stock market.
Fiendish Thingy
(22,880 posts)The current decline isnt even half the size of the drop just last spring, from which the market quickly recovered and went on to make further gains.
I dont expect a crash, I expect ongoing volatility , reflective of the erratic, incompetent leadership of the nation.
Panic is never financially rewarding. Maintaining a balanced diverse portfolio is always the best strategy.
drray23
(8,715 posts)However, there maybe the potential for a bigger drop if Trump continues to disrupt the global economy with his stupid tariffs and wars.
IbogaProject
(5,800 posts)At best we get some kind of impasse where Iran allows oil to flow after we exit. We have already lost face and 20-30 % reduction in oil supply is going to be very disruptive. This is going to be an extended mess.
chicoescuela
(3,000 posts)Aussie105
(7,820 posts)With negative impact on the value of your personal share portfolio, if you have one, and 401K.
Past history tells me a recovery is either quick or very slow.
Slow, as in multiple years.
Hopefully a quick recovery this time.
I'm hoping Trump will be an example of spontaneous human combustion.
In the middle of a televised speech, preferably.
James48
(5,173 posts)A series of five or six Hindenburg Omens registered on the stock market in the last three weeks.
I see a 20% to 25% pullback is very likely - and could be more. Ive sold 40% of my stock holdings into the G fund (treasuries)last week, and will likely move more today.
yaesu
(9,217 posts)Gore1FL
(22,927 posts)Skittles
(171,052 posts)no freaking way can I keep up with this stuff during these times, NOPE, I cannot stand it
Skittles
(171,052 posts)is to tell people "do not panic"
LogDog75
(1,246 posts)I have an IRA mutual and am doing RMD withdrawals and a traditional IRA. With my military pension, RMD, and Social Security I don't need to touch my regular IRA. I've told people for the past 30 years to invest in a good IRA mutual fund, a good non-IRA mutual fund, and don't touch either other than to make regular contributions. A hold and wait strategy allows you to ride out the lows and ride the highs.
After 9/11, the market went south and between my two mutual funds I lost about half its value. By using hold and wait the mutual funds have more than recovered and are worth about six time what they were valued at in 2001. One thing the market does in the long run is to increase so by patiently riding out the downturns you'll do well.