Sold all stocks today


I booked 20% loss YTD and just moved on. 2020, 2021 and 2022 combined, I am barely above break even (bought a couple of laptops and Dolce & Gabbana handbag with profits).

Was hoping to buy a Tesla but did not want to sell my Sedan before I go broke. ROFL.

My lessons:

  1. I was a bull market genius. I don't know much about reading financial statements and really analyzing the businesses.

  2. I can't barely follow 3 companies properly, then how can I invest in 10+ companies? Makes zero sense.

  3. Luckily $QQQ is also down 20%. So, I just moved all of my proceeds to QQQ. I am 100% sure someday in next 10 years it will go back to ATH. Can't say the same about my stocks.

  4. I was spending 10 hours on Twitter/Reddit on stocks. Now I get 10 hours back every week.

  5. I really understand why people say 95% of us should just buy index funds.

  6. I want to find at least one or two bogle heads in real life and punch the fuckers in their face for being smart.

Thanks for reading my rant.


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