what's actually your move when the market crashes?
what's actually your move when the market crashes?
During the Iran war correction I just bought more of what I already owned. stuff like that. whatever dropped the most I added the most to.
but it got me thinking... if we ever saw a real -30% crash on the index what's the actual play?
do you just dump everything into because individual stocks are too unpredictable in a crash?
do you go hunting for dividend stocks while they're cheap?
or do you load up on speculative names that got absolutely destroyed and just pray?
because I feel like everyone has a crash strategy until the crash actually happens
what would you actually do with a pile of cash during a -30% drawdown???
A real crash usually rewards the people who stay disciplined, not the ones trying to perfectly time the bottom.
honest answer? probably freeze for a week, then panic buy and pretend I had a plan the whole time