Hi,
In 2019 I invested about 70% of my networth (6 digits) in an ETF called IWDA.
I saw it as my savingsaccount that is extremely stressfree with little swings.
During the start of this year I was on Twitter alot and the sentiment was extremely bearish. Especially that guy KimDotCom made me scared about the trajectery of the USA.
Mid april I sold my whole ETF portfolio in the run up to 73€. I made a decent profit these 3 years of about 20%.
My mindstate was: this ship is going down, I will be able to buy back lower and if not I will find investments that will give a bigger return.
It dipped lower the week after, but I was cocky and didn't set my buy orders yet thinking it would dip way further.
Jokes on me, it never did, the market just went straight up and it's been bothering me ever since. It's such a stable ETF that even on red days like today it still doesn't go down. And I just live with pain and discomfort ever since. It is clear to me that I might never will be able to buy back at the the price I want.
I know the rules: time in the market beats timing the market, DCA, … but I guess fear and greed got me.
Any advice books or courses on value investing? I can't just rebuy IWDA in this current mania but I can't just sit and do nothing either. So I want to just this opportunity to become a better value investor and use this situation to build a stronger portfolio that will outperform my previous one.
Max pain
Thanks in advance
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