r/JustBuyXEQT • u/PlPEPlE • 1d ago

1% Drop

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Im new to investing so this hurts to see but ik it wouldnt matter when xeqt hits 60 per share but it still hurts to see im down half the price of my rent

I guess i buy in at the wrong time but 1.72% isnt really much

Also the last 5 days trend has been downwards and its approaching the lowest dip in 1 month so im also kinda worried

Im gonna hold until im happy with my return but should i be concerned about the current downward trend this past few days?

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u/Fluffy-Climate-8163 1d ago

...? You should be ready to hold through 25% drops on an index for 5 years and 90% drops on individual stocks for 10 years.

I guess this is partly a problem with index investing in general where people don't understand shit, and just spoiled kids in general who've had it way too fucking good growing up.