When I first started investing 5 years ago, since I'm a lazy prick and didn't want to research individual companies, I bought ETFs of sectors I thought were good long-term bets. General economy (VTI/VOO), tech (PNQI), and alternative energy (GEX). Happy with the first two, but 5 years in GEX has an annualized return of only 1.6%.
I'm a buy-and-hold investor I generally plan on holding everything for 20-30+ years, but does that paltry gain over such a bull market mean it's time to cut my losses and reinvest that money elsewhere? Or is this just the hard part of holding and I should just keep my head down for another few decades? I'm happy to sit tight, but I feel like I might be making an error of omission.
It was ~30% of my invested assets when I started, but it's now down to only 4-5% of my portfolio, due to gains and further investments in other areas.
Oh gurus random internet strangers, please share your wisdom with me.
Submitted February 26, 2018 at 05:27AM by maximumfrosting http://ift.tt/2EQIxqY
