Is it safe to say that most of you locked in loses after the initial steep decline? Or was anyone anticipating this and got out prior to mid-February?
Didn't get out. I have no talent that way.
I did some tax loss harvesting, but it wasn't locking in losses - I bought something else with the cash (which has gone up more than the original asset, but that's just luck, and may not last).
I expect most of us here have been through this sort of market with substantial investments at least once before. We accept volatility as part of the game.
AA is 80/20. I'm thinking of putting 5% more to stocks if they get cheap. It doesn't matter either way, though.
I pulled out about $140,000 for a down payment and for some renovation costs on real estate investments in early January. Had nothing to do with this epidemic, we just happened to find a house last December that we really wanted to live in. :)
Glad that all happened before the market slumped or we would have walked away.
Other than that, we didn't do anything based on any special knowledge about what would happen to the stock market.
After all, I thought the top was in back in 2012, which only goes to show what I know. :)
So, we'll hunker down in our social distancing isolation, spend as little as we have to, plus a bit more to help out good people we know, and wait for better times. Or, if need be, make better times.