You sit at the kitchen table, laptop open, account screen up. The line on the chart is still moving down. Your spouse is in the next room. The phone keeps buzzing. What do you do?
Your options
Hold. Refresh nothing. Whatever you do tonight you will regret tomorrow.
Sell to cash and bonds tonight. Whatever you thought was true last month, the world has clearly changed.
Move a chunk of cash in at this price. Crashes are where the long-run gains are made.
The Market Halves
Your screen shows a number half of what it was last month. Your hand is on the sell button.