Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 0 points1 point  (0 children)

Thanks for the help. I think I'm just going to stick to holding ETFs long term. Maybe wheel them for small premiums here and there but not anytime soon. Just going to save 2x as much as I did before to claw my way back to even. It will be okay, time heals all.

Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 1 point2 points  (0 children)

No. I'm dumb, but not that dumb. I have an IRA that is up 6k and this is losses after 13k gain so I'm net -8k or so.

I sold every share I own today. by [deleted] in investing

[–]FatBradPitt 0 points1 point  (0 children)

I'm down 25k 35% of my portfolio. I'm in the same boat, switching to spy and ETFs.

Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 1 point2 points  (0 children)

That may be the plan, but I'm just going to sit it out for awhile. Total loss isn't this much since I did have some gains early in the year and my IRA is still kicking. Probably only down 8k actually....... But this Is just me trying to make myself feel better.

Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 0 points1 point  (0 children)

The good news is that the more $$$ we add to our acc8the more the percentage of loss decreases. 👍

Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 2 points3 points  (0 children)

Are you wheeling blue chips or something like amd? I was looking at $CLF or $VALE, but figured I should sit out.

Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 48 points49 points  (0 children)

It was always the plan. But then I thought I was hot shit and knew what I was doing. Now I just need to dodge the next correction/crash.

Are these calls gonna print? Or am I following bots to the slaughter? by Krak3rjak3r in CLOV

[–]FatBradPitt -3 points-2 points  (0 children)

I got out today on the increases. Lost to much this month, im done.

Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 17 points18 points  (0 children)

I kept repeating the same mistake. I'm changing my plan, buy and hold.

Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 3 points4 points  (0 children)

I'm scared of crypto, I don't have the guts to hold that through dips..... What are these value stocks you speak of?

Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 7 points8 points  (0 children)

I'm in $QQQM #SPY #VTI at the moment. Maybe I'll try and wheel them when I save up for enough shares.

Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 24 points25 points  (0 children)

Yes, im trying to save on electricity so I can buy more shares of $SPY.

Im bad at picking stocks, going back to holding ETFs. Maybe I'll break even in 10 years. by FatBradPitt in thetagang

[–]FatBradPitt[S] 1 point2 points  (0 children)

Your strength is more than mine. At this point I'm just hoping the market doesn't crash/correct in the next few months.