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>The idea that you should just sit back and be ok with a 20% haircut isn’t something that I will just “take” if I can help it.

You don't have to be an active trader to preserve your capital. I've been invested for years but around the 2nd week of Feb, I went 100% cash. This time I saw train and got off the tracks. My plan is to average in slowly over time as the market stabilizes and the news gets better.



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