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RE: DOW At 60,000

in Threespeak4 years ago

I have an investment in some stocks and I really worry about what is to come. I have quite a large holding in Boeing and I am quite at a loss there and not sure if to keep on that or take a loss and exit from that. We live in such uncertain times and not sure when the pandemic will be over and if the market will retrace its steps from that moment on. I am for a long term with my stocks investment, but as the time passes I just wonder about seeing the light at the end of the tunnel...

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Boeing is a tough one. Hard to tell where that one is going.

Of course, everything depends upon the time frame being looked at. Ultimately, it is unlikely that Boeing goes out so, in the long term, you could make it up. However, it could be years before that happens. While taking a loss sucks, the opportunity cost could be more.

That said, the market could be a bit tricky over the next couple years. In the end, we might see a big pullback before it rushes forward.

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