Subject: Re: Trump and your investing
I may put stop-losses on all my holdings. I haven't updated them in a while because the Biden economy was doing so well.
I won't be selling everything preemptively. I won't embarrass them, but on TMF I know someone that did that in 2016. A stop-loss only gets me out if things start to drop.
I do have a large cash cushion. Sold some stock a couple years ago for cash (being retired, that's where the money now comes from). Then mom died, and I inherited retirement accounts that I have to distribute. So more cash. Didn't really find anything 'safe', so just kept the distributions in cash (in fact, I need to call Fido and make another one for 2025). I'm distributing it early so we won't get whacked with SS taxes and Medicare premiums.
Bitcoin? Forget that excrement. I will never use it, and will never accept it as payment for anything. Period.