I'm going to mostly cash in Long-Term portfolio

[unconventional wisdom]

Now that makes sense. Thank you.

i guess i won't win any popularity contests with revisiting an old thread-- we now have the russian edition of keeping some assets in bitcoin etc. capital controls, run on banks, crashing currency etc. i read somewhere that russians aren't allowed to leave the country with over $10K. if only there was a scarce asset that could be accessed from anywhere in the world without a traditional banking system...

 

[tomkat22]

I'm hearing reports of brokers not allowing traders to buy the Russian ETF(RSX),can only sell. Is this the brokers making a political statement or what?

 

[Nine_Ender]

Sure, it's fine to preserve capital. I do wonder if they have a real plan on when to re-enter markets. And if said plan is realistic. I've said it numerous times this year, 2021 feels a lot like 2019. Ignoring the 2020 black swan effect, it would not surprise me to see a moderate late rally into end of year possibly spilling over into 2022. Then a corrective phase on news.

A lot can happen this Monday a ton of stuff is at kind of a pivot point can move in both directions. So I'll be quick on the trigger if things look off.

This opinion I had in November ended up being fairly accurate. Those who bailed early on still have the same dilemma now.

 

[VicBee]

If I can get 7-15% this year and keep me above inflation I'll be OK. Not a bull call though.

With April around the corner, my 1 trimester assessment is, I got back in the market a bit too early (early Feb) and would have benefited from waiting until mid March.
The last 2 weeks f March have blown all my expectations for the year (still early..), thanks mainly to Tesla’s jump, but all other investments are close to within 10% of their peak or at least my buy price.
Now comes the arduous recovery effort from extensive realized losses.

 

[themickey]

With April around the corner, my 1 trimester assessment is, I got back in the market a bit too early (early Feb) and would have benefited from waiting until mid March.
The last 2 weeks f March have blown all my expectations for the year (still early..), thanks mainly to Tesla’s jump, but all other investments are close to within 10% of their peak or at least my buy price.
Now comes the arduous recovery effort from extensive realized losses.

I had a bit of a heavy drawdown, didn't sell anything because some metals were propping me up, but the last 2 weeks had been the strongest recovery weeks ever, made several months of gains, very strong moves. I had been buying into the falls as well.