Bag holding at big losses


Hey everyone,

I made some stupid mistakes. 2018-2019 I decided to dip back into the stock market. I decided to buy individual high risk stocks. I really didn’t know what I was doing. During time of all the stimulus being pumped into the economy basically anything you put money into made money. I was up around 25-30k within 6 months or so. Then the market crashes… I didn’t sell anything. I watched my account go from 97k down to 31k. It’s been hovering around 30k for a couple years. I don’t think it’ll go up. Should I sell everything? Pump in and extra 30k and put it all in index funds like VOO & VTSAX? Or should I just let it sit & act like it’s gone and restart on a new account. I have about 30k cash to invest but trying to do this smart now.


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