Iām hanging in there. Still up over-all but starting to get a little twitchy. Itās not fun to see stuff go down and down based on no news about the actual company. But when i take a step back and see it happening all over then place iām a little less twitchy.
Thought about selling some stuff and buying back in at a lower price to hopefully end up with a few more shares or catch something else up on the rise. But ultimatly the time and stress that would involve isnāt something i fancy putting myself through.
Over the last 12 months or so since i started i tried all sorts things and had a learning curve. A couple of weeks ago i finally settled on a plan and itās one iām happy to see play out.
The only thing that worries me is you can put years into investing for the future and then have something like this happen when you had planned to start cashing out. Iām not saying that this will take long to recover as it could be a blip thatās over realativly quickly it does give me something to ponder.
So currently, no selling for me and iāve got a strategy to still be buying into my current stocks every month to average down and increase my shares. If at the end of whatever this cycle is called my share prices and up back where they were and iāve got a few more shares then i would consider that a win.
Kiava, trust me all my shares are down roughly 60% on all 14 shares I must be the worst in the world at this game, Iām down nearly 2k , Hood, MRNA, Mara, and AMC are some of the big ones the last bullet was AMC with these ridiculous squeezes all I want is my money back now but I canāt see it happening,
Ahh that sucks man I never ever went with meme stocks so havenāt felt that sting, mine seem to be getting in at the wrong time or with one of my very first stocks buying to much because it was 2 pence a share lol then it tanked and kind of judt stayed tanked or stagged for some time.
I donāt have a big portfolio Iām Ā£84 down from Ā£890, I started July last year so I dunno, low wage not much cash to spare for stocks but slow and steady I guess hehe
I think all of us that started investing recently are in the same boat. The last 6 months has just been one problem after another in the world! Wishing I had started investing years ago but just need to try and ride it out.
I donāt know what to do, I thought ATER might come back and AMC, and even put more in as they are low, do I sell when I think they are high and buy in the dips and try and claw my money back slowly or wait for them to climb back again to where they was, but obviously they might never
The S&P made a new low today and is pretty much headed down to wherever the next support isā¦ which - could vaguely be the 3800 level, but if it breaks through that, then weāre down to 3500, or worse 3250. Thatās an oofer.
Iām in cash, except the two short ETFs available on Freetrade (XSPS & XUKS). I figure why lose the money Iāve made, waiting indefinitely for the market to form an uptrendā¦ might as well make some more on the way down.
I took some profits off the table when it started tanking, butā¦ I didnāt realise just how thin the volume was. I had to unload 800 quid in chunks sometimes as small as Ā£20 at a time
No but wishing I had, itās one of only 2 stocks I have in green, still sitting at a 31% gain. All my tech stocks are in the bin at the moment though, it would be cope-able if I knew this was the worst of it but I know there is more to come.
Iām a spender more than a saver, so my outlook on this is that what Iām down by would have been money I would have spent if it was in the bank. Iām not selling and will keep investing each month and see where I am later down the line. Hoping you are doing better than me at the moment!
Just ride it out, Iām the same as you now I look back but I spent 2 years watching the market almost to see if I really wanted to try it, also its like a hobby as well and I donāt like to dive into thing unless I have researched things first.
Emmmmmieee up high in the mountains you need not worry about stocks
I suppose the beauty of a stock like ATOM is that there are no fees to pay to get in or out, so it doesnāt sting like the major stocks if it comes time to reduce the risk exposure.
Iām an OāNeill / CANSLIM type of investor, so as soon as I see positions start faltering (like falling below a daily 50 average) and acting especially out of sorts, Iāll tend to take all my money off the table until things resume a profitable uptrend again.
I have a feeling there could be a lot more downside if thereās a recession on both sides of the pond.
All that said, US food stocks are booming (Kellogs, Flowers Foods, Pepsi, Tyson Foods). Although, you know itās desperate times when food is the only sector holding up. Itās like Maslowās Hierarchy of stocks!
AMC had earnings today after market close. It beat expectations on both earnings (+16% surprise) and revenue (+7% surprise). That could be a catalyst tomorrow (either good or badā¦ in this market Iād lean towards the latter, but hell, itās a meme stock so anything could happen).
If I were in it and it popped on the open, Iād be inclined to pocket some just in case, but thatās just me.
Itās unpleasant as someone else said but I think you can be reasonably confident that the price will climb back to where it was and more, less certain is when. Iāve still got some of the money I transferred less so Iām buying into those stocks Iām confident about in greater amounts to bring down the average price and increase my holdings. Iāve finally been able to buy into the FTSE100 ETF again as itās down, hitherto Iāve been buying into S&P500 and FTSE200 and a few others that were red for me as well. Look at what the God of Investing himself, Warren Buffet, says. He pointed out in a video somewhere (unfortunately I canāt quite remember exactly where or when) that when you look at the performance of the market since he started in 1942, youāve had a World War, several smaller wars such as Gulf War, big recessions such as 1970s, 1990s & 2008 and it has taken the market a maximum of 5 years to bounce back every single time no matter how big the crisis.
Iām obviously not giving advice but Iām buying. I always buy when the market is low and my portfolio is red, I buy far less when it is high and my holdings are green. Frankly, again Warren Buffet said, if you buy into ETFs such as S&P500 and still lose everything, then the world will be in such a bad state that losing your investment will be the last of your problems!
I meant electricity but also other forms on energy, the shares I have have went down some but I still have 20% profits in a few energy and utility companies
On inflation: wait till China demand comes back on, inflation will go gaga again.
On markets: May nibble, but Iām building cash until I can see the whites of JPOWs eyes in trying to defend to the death to keep rates high when every single financial entity are trying to hang him out to dry at some future fomc meeting.
I kinda wish we could also trade currency. Wouldnāt mind being able to buy dollars (actual dollars) like kraken, so I have more options in wealth stores whilst holding cash.
, Hood, MRNA, Mara, and AMC are some of the big ones the last bullet was AMC with these ridiculous squeezes all I want is my money back now but I canāt see it happening, 
