I feel so relieved I sold all my shares this afternoon, even if it was at a big loss.
Last week, I invested about 6k into various meme stocks. I started becoming nervous a few days later so I liquidated a lot of stocks. However, I bought back a lot of GME yesterday after a dip and finally gave up today seeing that the bubble had already burst and it wasn't a dip.
Can I live without $1500. Yes (In fact I even forgot to cash in a $1500 check for over a year). I'm only 23 and in grad school, so I like to look at each dollar very carefully. I'm also anguished at all the things $1500 could've bought me (a 75'' flat screen TV, a plane ticket to anywhere in the world, etc. But 1500 is only about 3% of my assets so I'm trying to sweat this off and move on as quick as possible. But I learned not to jump on stocks based on emotion. At one point, I was even up $1000 but I got too greedy and look where I'm now.
On the bright side, my overall portfolio is only down $600 since New Years Day and I'm still up 20% since last february (compared to the S&P gain on 18%)
Submitted February 02, 2021 at 05:10PM by Ukrainepolandborder https://ift.tt/2MmAEyK
