Cutting losses with SE and SQ


Hi r/stocks,

I'm a Bogglehead, for the most part, that got a bit too invested in the rise in Tech in 2020 and 2021. I bought quite a bit of SE and SQ and am now down roughly 65% in each position.

Rather than wait for these stocks to get back to my cost basis price, I had a thought to sell and invest the remainder into more concrete companies (what some are calling “value Tech”) like AAPL, MSFT, or GOOG. I have exposure in each of these already via my ETFs, but thought that a direct position might help accelerate returns on what's been lost with SE and SQ.

Only thing is, to regain losses, AAPL, MSFT, or GOOG have to rise to substantial levels, basically becoming $4T companies.

What are your thoughts? Should I stick with SE and SQ and hope for the best? Or, should I sell and invest into better Tech companies?

Thanks in advance.


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