I spent the first 10 years of my career building up my savings acct and not investing in anything aside from my employer 401k. Joined a company pre-IPO that went public in 2021, and ended up with a bunch of equity that hit its first vest cliff in Nov 2021 – I cashed that whole cliff and moved it into VTI.
Then, I got hit with a feeling that I’ve been wasting my future retirement time by letting my money lose value in savings – and I followed by putting most of my savings into VTI, GOOG, MSFT, AAPL – (also some sad ones like BABA, Redfin, NVDA at its high, Disney) in Nov/Dec 2021. I kept enough in my savings to be okay for 6 months if I needed it.
I’m investing for the long term, not trading. But Currently, I’m feeling really sad about my timing.
Im aware that I didn’t really know what I was doing and ignored a lot of the market signals I’ve since learned more about the hard way. But I thought I was making smart investments overall.
It’s really hard seeing myself down 60k just a couple months after starting to invest for the first time – also feeling really hard on myself for not knowing better to hold off and have all those funds in my savings available for a time like today.
Hoping to continue DCA throughout the rest of my career now that I dove into head first…just hoping I’ll look back at the end and not still be bummed about this current phase.
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