(07-09-2020, 10:34 AM)Kaan Wrote:(07-09-2020, 09:59 AM)rherold9 Wrote: I think another point of this is people haven't really shouted out is:
I firmly believe we are getting closer to an economic downturn frome the impact of COVID. I'm more than certain we'll see a full downturn come here sometime. Be prepared for the worst case, imo
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I have the same thought... but what are you doing about it? I'm looking to ride it out... there have been so many shifts in the market that i think you need sit on it if you want to recover (over the next 10 years).
As stated earlier in the thread I shifted focus/goals to getting a solid safety net/cash emergency fund built up for 8 months of full expenses. I only had a 2 months in the past.... I should be there this month. That's the only reasonable thing I'm doing. Investments for retirement will continue at the same rate