Blue_Thunder posted...
Most people didn't need to do that unless they needed the money in the near-term. While past results are not indicative of future performance, most stocks will likely recover eventually.
Sure, but why would anyone hold? Who know how long it'll take them to rebound, if ever - plenty of Covid low-point stocks never recovered, for various reasons. And while I was lucky and bought like $50k in the dip for April 2020, it took some until late last year to get back to their pre-Covid norms.
We have no idea how long this trade war will go on for, what the lasting damage will be, etc. So there's little to gain by bag-holding ones that were in the black. If anything, sell, and but the dips now. You can even just get the same stocks again, but will have made money doing so.
Although personally, I wouldn't recommend buying the dips now. We likely haven't seen the bottom of this at all yet.