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Indeed. The actions taken should e dictated by the time frame. In my case, I was happy to unload all my trading (playing) shares on April 1 on the basis that Trumps actions and the reactions by other nations were likely to sink the market. I have always been a strong advocate of selling when stops are hit and happy to buy back if the stop was too early.

On the other hand, all the long term holdings, most bought around 20-30years ago for dividends needed more thought.

During past falls/collapses, I was happy to hang on and be patient for them to recover and increase more. At my age, and the fact we want to continue travelling while we can, I don’t really want to (or have the time to) wait, possibly years, for them to recover, so I have also parted company with some of the very long term ones.

If I was say 10 years younger, the decision would no doubt be to wait it out with the long termers

<blockquote data-quote="Country Lad" data-source="post: 1325502" data-attributes="member: 1481">Indeed. The actions taken should e dictated by the time frame. In my case, I was happy to unload all my trading (playing) shares on April 1 on the basis that Trumps actions and the reactions by other nations were likely to sink the market. I have always been a strong advocate of selling when stops are hit and happy to buy back if the stop was too early.On the other hand, all the long term holdings, most bought around 20-30years ago for dividends needed more thought.During past falls/collapses, I was happy to hang on and be patient for them to recover and increase more. At my age, and the fact we want to continue travelling while we can, I don’t really want to (or have the time to) wait, possibly years, for them to recover, so I have also parted company with some of the very long term ones.If I was say 10 years younger, the decision would no doubt be to wait it out with the long termers</blockquote>

[QUOTE="Country Lad, post: 1325502, member: 1481"] Indeed. The actions taken should e dictated by the time frame. In my case, I was happy to unload all my trading (playing) shares on April 1 on the basis that Trumps actions and the reactions by other nations were likely to sink the market. I have always been a strong advocate of selling when stops are hit and happy to buy back if the stop was too early. On the other hand, all the long term holdings, most bought around 20-30years ago for dividends needed more thought. During past falls/collapses, I was happy to hang on and be patient for them to recover and increase more. At my age, and the fact we want to continue travelling while we can, I don’t really want to (or have the time to) wait, possibly years, for them to recover, so I have also parted company with some of the very long term ones. If I was say 10 years younger, the decision would no doubt be to wait it out with the long termers [/QUOTE]

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