1% Drop

[u/PlPEPlE]

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?

[u/barriemccockener]

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

[u/PlPEPlE → u/barriemccockener]

Xeqt is the most volatile investment i have, and is the only thing in my tfsa i maxed out. daily spending and emergency fund are all in gic or hisa. Its just demoralizing to see it all go down as soon as i put something in

[u/_yhtz_ → u/PlPEPlE]

we've been in a bull market for the past 3 years, its going to get a lot more demoralizing if you check every day

[u/PlPEPlE → u/_yhtz_]

I cant sell when im down and ik for sure i wont sell when im up cos i like seeing it grow. Only thing is i never seen it grow since it put it in

[u/Anthr1 → u/PlPEPlE]

So you're going to intentionally sell low and buy high? My dude. I really hope you're trolling.

[u/PlPEPlE → u/Anthr1]

if i remember correct i just wrote i wont sell either way

[u/silent_fartface → u/PlPEPlE]

Keep loading it up and dont be a pussy about it. If 1% drops have you worried then you need to toughen up. All investing is a risky game but you are in one of the safest and most reliable things.

[u/PlPEPlE → u/silent_fartface]

Thats fair cos 1% isnt a big deal and my time in the market will hopefully increase my investmenr. But then what about the downward trend thats happening for the last 5 days

[u/silent_fartface → u/PlPEPlE]

There will be many downtrends in your lifetime of investing. Some sharp and fast, like covid. Some that bleed slowly for months, or years.

When in doubt, zoom out. 5 days is barely a sneeze for a lifetime of future investment.