No Sequels, Please
We label emails as normal low, normal, and high priority. Physicians deem patients in stable or critical condition. So why can’t we have the same labels on the economy that trigger certain actions in order to protect something so elemental to us as a lifetime of savings?
We all know the STOP LOSS option triggers a share sell-off once they dip below a certain level. Considering, however, that the term “loss” has been newly defined by the current crisis, why not safeguard the common non-investor type who doesn’t stop-loss his or her investments by automatically selling a percentage of shares of stock after the economy has been deemed “in crisis?” The sell-off would then occur once said investor’s losses reach 10, 15, 25% — or whatever the investor is comfortable with — from the point at which the economy was deemed to be “in crisis.” Make it a mandatory part of the investment agreement. The toughest part, I imagine, would be trusting the team of mathematicians who develop the equations necessary to flag the economy as “in crisis” and trigger the sell-off.
Whatever the case, what’s happening right now can never happen again. Not only has this debacle obliterated retirements, they’ve erased inheritances. Now we’ve all got to start over, so that by the time our children or grandchildren retire, things may be back to “normal” — whatever its new definition may be.
Thoughts? Opinions? Gripes? Tirades? Bring ‘em on.
Thanks for stopping in, and I hope you’re doing well.


