Quote:
Originally Posted by RWebb
Yes.
Listen to your wife.
This has dual benefits. 1. you avoid selling at a loss, and 2. your wife will be happier
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+1
The market is at or near the bottom and the only way for it to go over time is up. A great time to buy and a lousy time to sell. Depending on how it is invested you may also generate capital gains tax which will compound the losses you just locked in by selling. If invested in blue chip companies it will come back over time. How long? Historically 1-5 years.
Caveat- These are uncharted waters and there may be significant shifts in the economy after this thing passes. There will be winners and losers in business, emerging markets, and real estate. YMMV