I booked 20% loss YTD and just moved on. 2020, 2021 and 2022 combined, I am barely above break even (bought a couple of laptops and Dolce & Gabbana handbag with profits).
Was hoping to buy a Tesla but did not want to sell my Sedan before I go broke. ROFL.
My lessons:
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I was a bull market genius. I don't know much about reading financial statements and really analyzing the businesses.
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I can't barely follow 3 companies properly, then how can I invest in 10+ companies? Makes zero sense.
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Luckily $QQQ is also down 20%. So, I just moved all of my proceeds to QQQ. I am 100% sure someday in next 10 years it will go back to ATH. Can't say the same about my stocks.
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I was spending 10 hours on Twitter/Reddit on stocks. Now I get 10 hours back every week.
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I really understand why people say 95% of us should just buy index funds.
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I want to find at least one or two bogle heads in real life and punch the fuckers in their face for being smart.
Thanks for reading my rant.
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