Apparently diversification doesnt exist or I'm just dumb here.. What am I doing wrong? I had positions in oil&gas, tech, healthcare, real estate and ETFs in general.
Yet it seems every single stock just goes down at the same time and goes up at the same time… So whats the point? Should I just buy VTI only or something?
I've lost over $10k just from being invested in ETFs and big company stocks. Lost over $7k in September in just three days cos of the Fed announcement on rate hikes. I pulled out my positions, then got enticed to re-enter in hopes of holding out in the long term this time but wham, just today I lost another $3k.
What the hell… How do you guys stay invested while watching your money fly away in the thousands? People say in the long-run stocks go up, yet here I am seeing my money go down the gutter the moment I buy.
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