Let me preface with a few things:
- I am not a professional investor
- I am a long-term investor
Generally speaking, I'm happy with all the stocks I currently hold long-term.
My biggest loser is Netflix which I concede was a miscalculation on my part. That being said, I believe the drop was a bit of an overreaction and it may stand to grow again in the next 5 years. Definitely not to its previous high but I could turn my -66% into a -40%.
Obviously waiting on this means I have less money to put somewhere useful in the current downturn and its not something I believe long-term. My question is then, does it make sense to just eat the loss and put the remaining money somewhere I'm confident I'll see growth in the next 5 years?
Funny thing is, typing this out has kind of made it clear what I should do lol but keen to hear some alternative opinions
Leave a Reply