conversation: User (brexit_worry): "Looks like it would be a big jolt to the global economy. Is someone like me who is risk-averse and sticks to mutual funds better off just selling it all now and getting in again after the vote?"
  Self: "I bought into a Euro market index fund last Friday. I had planned to buy in to diversify my portfolio and it took a while for the funds to clear so by the time they did the index was falling sharply over Brexit fears. I made the order anyway, figuring I'd take the hit and just forget about the stock for the next year instead of dropping my plan of regular purchases at the first sign of market trouble. The ETF has since gained 5% in a few days.\n\nDoes that mean *anything*? No, of course not. This, like every investment anecdote, is a shaggy dog story without a punchline. I got lucky. I could have just as easily lost another 20%, just like I could lose or gain depending on how the vote goes. But I don't care because I'm counting on time in the market, not timing the market [as zonination summarised it](https://www.reddit.com/r/personalfinance/comments/4p3b1f/should_i_sell_all_my_stocks_before_the_brexit_vote/d4hxluk) so eloquently.\n\nThe morale here is that there's no way for anyone to predict how the vote will go. If your investment horizon doesn't allow for these potential losses you should move out of the stock market. If it does, then don't worry about stuff like this."
  