Old Man Jingles
Rat out of a cage
If a person was to cash out today, it would be less than a month ago ... most likely.
Certainly in my case ... except, I would not be cashing out anything today that I had in equities a month ago.
Alternately, they could have executed some 'puts' and then they would be ahead of a month ago.
There are some 'gamblers' that have executed some 'puts' within their IRA and 401k.“most likely” LOL
They are actually ahead of where they were a month ago.
That's too risky for me although I have done it many times in the past when 'risk' was also a 'reward' and I could recover from the risk.
I am 65 and 7 years into my retirement and the current 1000 Monte-Carlo run models support me at a 98.7% probability of living until 87 and leaving 2 million to my daughter and grandson.