I began investing in November 2021 and in hindsight I probably spread myself a little thin and bought into too many companies. Hopefully the screenshot I've provided is clear enough but just to add some context, the companies I've invested in more than once are:
Agronomics, Merck KGaA, Emmerson, Berkshire, Brookfield, Microsoft, ASTS and Rocket Lab. Most of the others I'm happy to just let run at this stage.
I'm in my early 30s so I was looking to take some risks (clearly). There's no incentive to invest in an ETF where I'm based (otherwise I wouldn't be stock picking). In hindsight I made some really poor decisions when I started out and it's sort of made me put my money on deposit since late 2022. I'm not sure what's the best move here.
My current position is:
66k on deposit. I'm holding it for a potential house deposit down the line.
41k invested since the end of 2021 but this is now only worth 29k.
The stocks I'm no longer convinced by:
ASTS
Polight
Rocket Lab
SOFI
Steakholder Foods (formerly MITC)
Does it even make sense to get rid of some of these if I'm planning to hold onto Berkshire, Alphabet etc for the foreseeable future? Is it basically just a case of letting the losers run and then offsetting them against any gains down the line?
Thanks in advance.
Submitted August 07, 2023 at 06:27AM by dolcesi https://ift.tt/jZTz40C
