A sober analysis, but this is the same story that's been told for years at this point. I haven't been buying new shares, but I'd rather avoid the capital gains tax if I can.
tocs3•25m ago
I have been thinking of selling my S&P500 fund shares for a little while (at least a majority). The past few years have been dips followed by sharp rises seemingly fueled by news events. The US midterms are a big event and if, after the election, there is an increase of hostilities in the middle east I think that might cause a drop. Of course the S&P has mostly gone up the past few years and trying to time the market is maybe not the best strategy.
novaRom•14m ago
Circular financing at times of high inflation and geopolitical instability is risky. Company A invests in Company B, B invests in C, and C invests in A. If A is forced to sell its shares in B to raise cash, B's price drops. Now B is worth less, so C now loses money too. Self-reinforcement.
dingaling911•11m ago
/They/ cant let it fall until they are out.
aanet•11m ago
The bigger question -- upon selling anything really -- is where to put the proceeds??
[update]
And how does the selling affect your tax liability (of course it does)
saulpw•7m ago
Yup, I learned all too late in life that it's not really about buying and selling, but about allocation. Sounds like they dramatically increased their allocation of (US) cash? I don't think that sounds like a better place to park your money right now..
delillos•31m ago
tocs3•25m ago