10-14-2021, 08:53 AM
How concerned should I be about the potential tapering in the coming month?
<!-- SC_OFF --><div class="md"><p>So I'm sitting right now on some pretty good unlrealized profits. Most of my profits are tied to growth stocks (such as PLTR, SOFI, CHPT, LCID, etc).</p> <p>I've been thinking of cashing out for a while, but everyday I wait, my portfolio goes up. However, with the recent news articles I've been reading, it doesn't seem good. Should I take profits and reduce my exposure to the market soon? I don't want months of profits to be wiped out in a span of days.</p> <p>Thanks for any advice.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Past_Ad5078"> /u/Past_Ad5078 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/q7k631/how_concerned_should_i_be_about_the_potential/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/q7k631/how_concerned_should_i_be_about_the_potential/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>So I'm sitting right now on some pretty good unlrealized profits. Most of my profits are tied to growth stocks (such as PLTR, SOFI, CHPT, LCID, etc).</p> <p>I've been thinking of cashing out for a while, but everyday I wait, my portfolio goes up. However, with the recent news articles I've been reading, it doesn't seem good. Should I take profits and reduce my exposure to the market soon? I don't want months of profits to be wiped out in a span of days.</p> <p>Thanks for any advice.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Past_Ad5078"> /u/Past_Ad5078 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/q7k631/how_concerned_should_i_be_about_the_potential/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/q7k631/how_concerned_should_i_be_about_the_potential/">[comments]</a></span>Kind Regards R