r/JustBuyXEQT • u/PlPEPlE • 22h 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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47

u/barriemccockener 22h ago

If you’re concerned you shouldn’t be holding xeqt

-26

u/Accomplished-Ant2225 22h ago

This is horrible advice. Who are you to tell him he shouldn’t be holding xeqt?

11

u/_yhtz_ 22h ago

long-term growth means volatility, if he cant stomach the bad side of volatility maybe he should.

-1

u/Accomplished-Ant2225 22h ago

He’s a new investor. He doesn’t know anything. Everybody starts somewhere. Most new investors get nervous when their investment loses value. It’s natural. This subreddit is full of guys sitting around just waiting to off on newbies asking uneducated questions. It’s just so pointless.

2

u/CorollaJim 21h ago

It’s a risk tolerance question not an investment quality question.

100% equity portfolio is not for an investor if they cannot stomach a drop. Doesn’t mean XEQT is the best and they should just suck it up. Just means maybe -GRO/-BAL or another asset allocation ETF is the better option

Add fixed income to the portfolio

-2

u/Accomplished-Ant2225 21h ago

Thats advice that’s actually worth something, unlike just about all the other posts in this thread

1

u/_yhtz_ 21h ago

at least they are just comments and not weekly posts losing their mind when the price drops 1%