Did You Adjust? Did You Need To?
Note that this is STILL not financial advice, nor is it a recommendation. There are a ton of other important pieces of information that would’ve been required, and even then, the outcome wouldn’t have been certain.
If you were wildly overweight stocks, hoping for a huge rally, then perhaps you sold, because you had no other choice. That can be rational.
If you were wildly underweight stocks, then perhaps you bought, because while you cannot predict the future, it might’ve been the place to add risky securities.
If your other components of your financial situation were correctly right-sized, then you could’ve done nothing, but wait. That wouldn’t have made it much fun over the past month, but patience could’ve been the best for you.
If you were right-sized from the beginning, then you aren’t the Baby Tomato.
Is it over? Did I say that the inning had changed? Still the top of the fifth, at most. The reason I used the baseball analogy? There is no definition of how long an inning lasts. I highly suspect that it is much longer than is discounted in financial markets prices, so there’s that.