I started investing in December 2021, I have remained faithful to the idea of not selling, “weather the storm”.
Since then, some of my ideas have changed, especially amazon, I do not want to continue investing in it, so I am between two options.
A)
what is recommended by many, wait until it goes up again, amazon has had the last years extended periods of years with hardly profits or losses, it could mean in case of repeating it to have the money “frozen” for years.
B)
Assume the losses and sell, in this case a -15% of my initial investment, but that money immediately reinvests it equally to the rest of my stocks and ETF in red days, thus reducing the average price and reaching the profit point sooner.
for example, if i buy apple at 180$ in December reinvesting in red days i could go down to 170$ and the same with the rest of the stocks.
QQQ with a strong price in amazon, could reduce the average price and have that money distributed in many companies that could resurge in a future bull market instead of betting all on one card like amazon.
What do you think of my approach B? maybe I am wrong, and amazon will have a great resurgence after such a long time without big changes and A is the right choice.
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