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03-04-2023, 02:43 PM
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#7597
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Private First Class 
Drives: '23 M340xi; '16 GTI Autobahn
Join Date: Jul 2019
Location: Cleveland, OH
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Quote:
Originally Posted by XutvJet
I'm heavily invested in S&P 500 index funds. I'd pay a small fortune in capital gains taxes if I went largely cash. I plan to stay as is and weather the impeding storm which will be here in a few months. I fully expect my portfolio to drop ~20% and stay that way for 1-2 years, but I'm in it for the long haul. I know it will all come back and will do so significantly just as it's done in the past. I've been through all the market tumbles since the late 1990s.
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This is the way.
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