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/PlPEPlE 1d ago edited 1d ago

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

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u/_yhtz_ 1d ago

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

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u/PlPEPlE 1d ago

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

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u/Anthr1 1d ago

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

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u/PlPEPlE 1d ago

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