Key insights
- The user is seeking advice on managing investments in VOO, SMH, and space stocks amidst high market volatility and potential geopolitical risks. They are considering taking profits or letting investments ride a potential upward trend over a 5+ year horizon. The current market conditions present a mixed outlook, with potential for both gains and sudden downturns, making the influence score neutral as the advice sought is personal and not based on a broad market-moving event.
I entered the market about two months ago and experienced a significant drop a few weeks ago. However, today, I’m up overall and have a great return.
Given that the market is currently high and highly volatile, with the possibility of a sudden ceasefire breach at any moment, should I consider withdrawing some profits and re-entering the market at the current dip or simply let it continue its upward trend? How do the big players do it?
For reference, I’m investing in VOO, SMH, and various space stocks, among others.
I am planning on investing for approximately five years or more.