I've been investing for more than a decade and I don't get why everybody is freaking out about the market. I'm also down significantly on certain stocks, but let's not act like we never saw a possibility of this happening. SHOP at 200B evaluation? EV-makers with barely any development worth more than big traditional producers (Rivian vs Ford)?
At the end of the day investing is a speculative activity (besides pure VTI investing) and evaluations and p/e ratios of companies can mean jackshit. Example: Amazon has never had a p/e under 40 but still you would have missed out from a decade ago. Is the behemoth that is APPLE really worth 23x future earnings? Who knows, but even Buffett seems to thinks it's fair.
My point is that investing isn't a guaranteed get-rich-quick-scheme, and luck plays a big role. You hedge the luck by building a portfolio of multiple companies of varying levels of growth and risk.
Now might be a good time to consider if you can really stomach some of your stock losing that much value and if maybe r/Bogleheads is more for you. Facebook might seem like a cheap stock now but if the market doesn't like it, it may run stale for years to come. Everybody is guessing. Good luck to all of us I guess.
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