What would you do in this situation?

I'm not looking for financial advice and I will not take information provided to me as such.

A lot of folks, such as myself, started investing in the beginning of 2020, especially investing in “MEME” stocks and obviously haven't made out so well. I have made many questionable and terrible individual stock investments.

If this scenario was you, what would you do?

  • Still holding some crappy stocks that are down 50-70%.. Don't think they're allowed to be named here.
  • Still holding some okay stocks that are down 40-70%.. PYPL, DKNG
  • Sold some others at a loss such as BABA
  • Holding some good stocks that are down 20-40%.. which I'll hang on to for the long hall
  • Put a good portion into your typical VTI/VOO as well as stuff like MSFT, AAPL so I'm only down 13% overall for my entire portfolio (excluding retirement). So it could have been worse.
  • Stupidly still have 11k in margin at 3%, which was fine when everything was booming, not it's not good. Yes, I learned my lesson there.

Personally, I don't mind holding on all of these for the next 20 years to see if they eventually go up. but yeah opportunity cost and all that. If you were or have been in a similar position when you were an investing infant. What would you do?


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