I have 3 investment accounts. Two of them are still in the positive despite the bloodshed so far this year (one 65% up since the start and another one 31% up), but combined, they are worth around 140K US. I have another one, where all the damage is being felt, as this was mostly growth and Chinese stocks. Unfortunately, this was my biggest account. In November last year, it was worth around 350K, as I write this, it has been decimated to around 201K, that is a loss of around 43%.
holdings (ordered according to biggest losers, percentage wise)
TDOC: -73% (current value: 12K)
SE: -60% (current value: 20K)
PYPL: -47% (22K)
BABA: -30% (25K)
BIDU: -30% (38K)
AMZN: -21% (17K)
GOOG: -7% (32K)
MSFT: -6% (42K)
AAPL: +22% (10.5K)
(the sum is greater than the 201K I mentioned because around 53K of the above was bought on margin)
I am seriously thinking of liquidating most of that shitty account, (e.g. sell 50 to 75% of TDOC, SE, PYPL, BABA and BIDU), get rid of the margin, and slowly start DCAing the rest of the cash into VTI/VOO on a weekly basis.
What do you think of that? My mental health is really at stake here looking at my portfolio loss 5 to 15K every fucking day
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