I’m a little bit fearful so when my husband said he would take care of investing our money I was sold. We have a lot of our money in index funds but he does do individual stocks as well based on things he reads.
The problem is, it doesn’t seem like he had a stop loss in mind. He hasn’t sold one stock and I just noticed today he put 6K into a stock that is now down 60 percent (Codexis). A few others (Domo, Warner Bros, LL Floorings) are down 30-40 percent.
When I expressed concerns he tells me it’s a long game. But it seems like we should have put a stop loss on some of this.
Any resources you could recommend for my husband and I? I’m not sure what to do with this point, if we should sell these stocks to cut our losses and prevent them from going down further.
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