The last year has been a roller coaster of emotion.
Situation
- 27 years old
- $38 000 salary (net)
- $40 000 total contribution in various ETFs (75% equity / 25% bonds)
- $2 000 losses
I'm trying really hard to maintain the passive investor philosophy everyone is sharing. I'm repeating myself over and over:
- It's not a loss until you sell
- Time in the market, beats timing the market
- Keep buying, never sell
- etc.
What bothers me is: I feel like I entered the market precisely at the wrong time (end of 2017) and I never had a chance to make a "profit"... It's easier to remain stoic when you're losing some of your capital gains VS losing your hard-earned savings.
I keep hearing: "you're much better off then others". Well, when 30-40% of my savings are gone, I'm gonna wishing I was like "the others" who did not invest. They are the ones who will enjoy the discounts. Right now, it feels like any more contributions I make is pointless and would be wiped by the next correction anyway.
My question is: wouldn't it be better to sell and hold it in a saving account (2.25% annual) until a correction? $2 000 sounds like a reasonable cost to cut my losses.
I want to hear your thoughts Reddit. What would you guys do?
I'll probably get shit on for this post, but the mere act of getting it all out relieves me a bit...
Submitted December 21, 2018 at 08:14PM by fiuebvreosidsjf http://bit.ly/2RaNGQ8
