When the market tanks, ask yourself: What would Warren Buffett do?

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When the market tanks, ask yourself: What would Warren Buffett do? (via CNBCMakeIt)

The headlines are scary, but there's always going to be a new threat to investors, whether it's election fears or whatever the Fed will do next, Etergino says. Each day brings a new headline.Give yourself a gut check

If you're uneasy with your asset allocation, ask yourself why that is. Could you withstand weeks or even months of continuous drops without panic selling? If not, you might consider tweaking your asset allocation in the coming months. Another option is to use it as a buying opportunity, suggests Etergino, assuming that's part of your financial plan. "These declines are opportunities to put money to work."

 

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MakeIt He’d say, “pour me somethin tall and strong make it a hurricane....” wait that’s the other Buffett

MakeIt Like Warren I would take that extra 5 billion and buy something

MakeIt What a stupid question for Joe Public to ask himself, Joes not capable of doing any of the things that ole bag of bones does. Next question for Joe

MakeIt Be penniless and HOMELESS !!!!!!!!!!!!

MakeIt Isn’t he the one ☝️ that started the decrease in the market?

MakeIt You should identify patterns and trends and ride it out - as they suggest, if you are a long-term value investor, if you are a dividend investor you have to make a different decision; if you are a speculator buy into options as well.

MakeIt Maybe we should ask ourselves that question regardless of short term market volatility

he would step aside at these valuations and watch it fall. He is a value investor not a gambler!

MakeIt get a hooker

MakeIt He sold and sitting on a boat load of cash and it looks like he’s not buying anytime soon.

MakeIt A sweetheart deal with some unsuspecting company?

MakeIt

MakeIt Hes not following someone else, investing in their advice. He invests in what he understands, not what they understand. That is critisizm of those who invest in something after he announces a BUY in it, or SELL after he sells. Adds to volatility, long-term investor can game!

MakeIt Unfortunately, the downturn can’t be classified as “tanking market” at the moment. Therefore, Buffet would still be waiting and watching on the sidelines..

MakeIt He would buy $FNMA

MakeIt Ive never heard this story before.... do tell.

MakeIt He buys a stock for twenty years.

MakeIt If only we could all sit on his billions and laugh it off 😂

MakeIt He would laugh nervously in interviews and miss out on 6000 Nasdaq points while holding Coke and Wells Fargo. Get the hellz outta here with this trash. He hasn’t been relevant in decades.

MakeIt Ride it out?

MakeIt Eat a snickers

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