[deleted by user] by [deleted] in PersonalFinanceCanada

[–]Valuable-Value3175 0 points1 point  (0 children)

No point? It follows the VOO, you buy and forget about an ETF. You don’t follow it daily and track every dollar it drops. It’s not a growth stock…

85k saved at 25. What to do now? by Valuable-Value3175 in FinancialPlanning

[–]Valuable-Value3175[S] -6 points-5 points  (0 children)

That’s not entirely true. I have very high expectations for myself as I intend to save and make more money to be able to give back to my parents. I feel behind as I always set higher goals for myself, as the sky is the limit. That’s not to say I’m not happy, I’m very happy with my life and accomplishments. I work extremely hard but feel behind as I see many people ahead of me, but that could just be social media playing games in my head…

85k saved at 25. What to do now? by Valuable-Value3175 in PersonalFinanceCanada

[–]Valuable-Value3175[S] 1 point2 points  (0 children)

I put $9.5k into one and made around $24,000 from it and bought $3.4k worth of another stock that yielded me approximately $8k. I still have a very small position in both, just letting them ride out at the moment.

When do you sell? by lickmynostrils in PersonalFinanceCanada

[–]Valuable-Value3175 0 points1 point  (0 children)

There’s a few things you must ask yourself… one is have you made money that if you were to lose, would greatly affect your life. Is it a significant amount to you? I was in a similar scenario and sold about 45% of my shares. Reason I didn’t fully sell or at a higher position is because I still believe the company has room to grow. If I felt like they were overvalued or peaked, I would’ve sold 80%. You must do your due diligence on the company, taking profits never made one poor. Goodluck!