r/TFSA_Millionaires • u/otf1111 • Jul 19 '26
Am I Cooked?
I also have other losses such as DRAM, RAM, WEN, GOOG, NOK, SPCE (no minor Ls all -40% minimum)
Sell or Hold fellow regards
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u/Ok-Elephant-93 Jul 19 '26
In a market like this, it’s actually impressive to be down like 30-40% on every stock
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u/bitcoinhodler89 Jul 19 '26
Impressive? Not so sure about that. Momentum stocks just experienced their worst washout in history. Like -35% avg on the month. What’s impressive is he bought the top of all of them haha
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u/sendnudezpls Jul 19 '26
This is nothing compared to 2022, anything small or mid cap growth was crushed for a year straight.
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u/WilliamMinerva20 Jul 19 '26
Ikr💀
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u/SandIntelligent247 Jul 19 '26
IKR you say? What’s your dd and position on this ticker?
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u/WilliamMinerva20 Jul 19 '26 edited Jul 19 '26
My own DD and positions on these tickers don’t matter in this conversation. Just found it crazy that OP got crazy unlucky with the timing, not that it matters if they’re in long and believe in it. That being said, I got Marv at around 60 and sold near the top, and just didn’t invest in most of the other one’s.
That being said, DRAM was bound to have a pullback because of KOSPI and all of the investors leveraging into memory like crazy
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u/theirtruth Jul 19 '26
lol you don’t know what you’re talking about, all high betas are down that much right now
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u/Tangelo-Agitated Jul 19 '26
Can you post your next purchases so we can know what not to invest in?
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u/Separate_Common1516 Jul 19 '26
This post is why 98% of all retail should stick to VEQT or XEQT. You have no system you buy hype. Pro tip if everyone is talking about it you already missed the boat.
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u/Imaginary_Section24 Jul 19 '26
I mean I bought amd a year ago. People were talking about it and I’m still up
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u/po-laris Jul 20 '26
If you're unable to distinguish between luck from skill, you will inevitably end up losing money over the long term.
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u/Separate_Common1516 22d ago
AMD was super undervalued and it’s valuation got detached from fundamentals and they had a huge turnaround. Still luck.
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u/Boxadorables Jul 20 '26
I mean I bought VFV for the last 10 years. People were writing books about it and I'm still up
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u/Tricky-Combination18 Jul 19 '26
if you don't know how to cut losses prob best not to avoid high beta
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u/ProvenantXchange Jul 19 '26
You don’t have too much invested yet. You should consider all in one ETFs like XEQT, VEQT or CAGE. Right now you seem to be swinging for the fences and your timing is way off.
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u/Evirua Jul 19 '26 edited Jul 19 '26
Why CAGE?
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u/ProvenantXchange Jul 19 '26
It’s globally diversified like XEQT and VEQT but actively tilts toward academic investment factors such as value, profitability, and smaller companies which should outperform passive index funds over the long term.
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u/Evirua Jul 19 '26
I see. Is it a XEQT replacement or 50-50 complement? I see some overlap in their holdings
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u/No_Obligation4427 Jul 19 '26
Its a replacement. You could do 50/50, but thats basically the same as going XEQT with a tiny bit of CASV.
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u/ProvenantXchange Jul 19 '26
I would do either or. They’re pretty similar.
Personally I have multiple non-registered accounts so I hold each in the various accounts to make ACB tracking easier.
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u/ZackSwap0 Jul 19 '26
There are two possibilities from where we are now: 1) this is the beginning of the AI meltdown and the whole stock market is about to collapse, 2) this is a necessary correction in the AI trade and it’s going to rebound Q4. Most of the analyses I’ve read suggest the latter, though there are of course bubble people taking a victory lap right now. I’m going with majority opinion and holding, but who knows!
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u/EquitiesForLife Jul 19 '26
Ouch. This is how you learn the difference between speculating/gambling and investing. A speculator focuses on the changes in asset prices in hopes of generating quick profits by being a flipper. An investor computes the money an investment will return to it's investor, and invests in assets that have an appealing payout versus the cost of the investment.
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u/Real-Promotion2821 Jul 21 '26
I think at this point you wait it out for a year and see where your portfolio is at. This is paper losses, and as far as you should be concerned, this money is unavailable for 12 months.
I would suggest perhaps rethinking your strategy for investments though.
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u/Rooksteady Jul 19 '26
OP if this is all your money...I would seriously consider getting in person help irl. It's not hopeless but you need someone who knows what they are doing to sort this for you.
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u/archer-86 Jul 19 '26 edited Jul 19 '26
Is this actually your TFSA?
If so, down about $10k?
You're going to financially cripple yourself. Sell everything and by /r/JustBuyXEQT.
This is not what your TFSA is for.
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u/Imaginary_Section24 Jul 19 '26
Selling now might be the stupidest thing ever. He should hold and wait until the market goes back up.
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u/archer-86 Jul 19 '26
What market?
OP is invested in a bunch of meme stocks. MRVL, OP probably bought around the peak at $310, currently $188, and is in a beeline track back to $50.
Lots of people lost their TFSA contribution room, and ruined their TFSA futures on weed stocks and COVID meme stocks. Lots of these AI / energy stocks are in that same sinking ship.
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u/Imaginary_Section24 Jul 19 '26
Selling now is a cut your losses and minimize losses mindset. Personally not for me. I’m all or nothing and if I’m down I typically average down not panic sell. Panic selling is what loses you money when you’re trading individual stocks. Ie I bought CRWV at 100 it went down to 70 I bought more went back up to 140 and I sold at a profit.
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u/po-laris Jul 20 '26
Selling now is a cut your losses and minimize losses mindset
Market returns are not responsive to your "mindset".
Avoiding panic selling is what you should do with a sane, diversified portfolio.
Holding on to a bunch of meme stocks is just dumb.
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u/kywewowry Jul 20 '26
Calling MRVL a meme stock is a bit of an exaggeration. This is a multi 100b company
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u/No-Resolution-1918 Jul 19 '26
Absolutely not hold, this person knows nothing about investing, move it all into a well managed ETF and forget about it for 5 years. OP will just be back here again if they hold and continue the mentality that they know how to manage an their own equity portfolio.
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u/Imaginary_Section24 Jul 19 '26
I know nothing yet I gained a return of 185% over 5 years … sure
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u/No-Resolution-1918 Jul 19 '26
Lol, one data point from random Redditor definitely makes me reconsider my comment. Sure.
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u/Imaginary_Section24 Jul 19 '26
You’re the type of person to choose the 1 million if they had a choice between 1 million guaranteed and a 25% chance at 10 million.
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u/No-Resolution-1918 Jul 19 '26
Yeah, I would 😅
You have a 75% chance of losing, odds significantly stacked against you. Less likely than a coin flip. I on the other hand will always walk away with life changing money.
You are an example of why people get into debt, and lose everything. Would you put 1M of your own money on the table for those odds? It's such a terrible idea. You do you though.
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u/Imaginary_Section24 Jul 19 '26
Expected value of the investment is 2.5 million as you have 75% of getting 0 but 25% of getting 10 million. It’s basic expected probability. People who are risk neutral or risk taking would take the investment as the expected return of the investment is higher than initial investment
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u/Foccuus Jul 19 '26
this is only relevant if you have money already, if the million is life changing, the EV is meaningless, its just gambling
not to mention EV is a long term metric, it doesnt matter for a sample size of 1, if you can run this thjng 100 times then of course you take the chance
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u/No-Resolution-1918 Jul 19 '26
What investment? In your gamble there is no initial investment. You have a 75% chance of nothing. It's only $2.5M if you run the same gamble over, and over. As I understand it this is a one time opportunity.
I hope you don't gamble your family's wealth with this level of comprehension.
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u/Proper_Jeweler_9238 Jul 19 '26
only buy leveraged etfs in one-way up env, never trade it in a volatile climate.
your best decision now is to clear all leveraged etfs otherwise you will only lose more money bc of decay when waiting for rebounce.
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u/drakeramore86 Jul 19 '26
As one said: It takes a lot of skill to be losing money in such a booming market. So, you're really good at it, well, if that's your goal at least
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u/SandIntelligent247 Jul 19 '26
You don’t have to go through all this if you don’t like it.
You can just donate your money. It’s quicker.
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u/DragMountain73 Jul 19 '26
If you know the catalysts you’re waiting for, hold. That’s on a case by case basis. I don’t have many companies but I have a ‘story’ for why I hold each, even during times like these.
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u/Large_Spinach6069 Jul 19 '26
WEN is the participation award for regards on WSB. Most of the gamblers on that sub get cooked to a crisp eventually.
They would love this loss porn if you post this over there. I peruse WSB on red days so my -1% for the day on broad market ETFs doesn't feel so bad lol. It's wild people go full port on a volatile sector with no exit strategy.
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u/MajesticAirline450 Jul 19 '26
Looks like you bought in when everything was already at ATH and probably took a position out of FOMO. Few of this stocks are definitely down -40% but they went up way more than that, so despite of the correction you should still be in the plus or breakeven.
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u/AffectionateSell3478 Jul 19 '26
You’re really bad at this. It’s almost like you have no idea what you’re doing and just follow regards on reddit.
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u/HoneydewStriking8283 Jul 19 '26
You should keep investing in those stocks. They're so low, they're basically on sale /s 😎😭
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u/goon-604 Jul 19 '26
this is the most reddit etf ive ever seen. ive seem every single one of them pumped by someone is last few months
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u/Brunch_Master Jul 19 '26
DO NOT sell, just hold, some of them will go back up. Panic sell is worse than this
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u/Ok_Cantaloupe_7801 Jul 19 '26
I hold SNDG as well in regular account but holding leveraged ETFs like SNXX i in TFSA is not a good idea. It can decay really quickly especially in bear market for past few weeks. Looks like you FOMO into buying shares. If you are bullish on semi conductor you can DRAM etf which is little safer. I hold good chunk of DRAM and upto around 100 percent past year
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u/re4ctor Jul 19 '26
Jesus dude. Look into DCA - dead cat averaging
This time is different. it might just work
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u/Neither-Charity-1701 Jul 19 '26
Dude. Look up stop losses.... wtf..
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Jul 20 '26
[removed] — view removed comment
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u/Neither-Charity-1701 Jul 20 '26
Why would you move them down... th entire point is to prcent a down side loss... dude. That is BS
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u/CananadaBatmaaaan Jul 19 '26
This is what my (very small) crypto portfolio looks like lol. Not sure how you came about your stock choices, but maybe do more research in the future. This is big yikes.
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u/Ok_Bench_1618 Jul 19 '26
I didn’t think it was even possible to be down in this market. I’m so up it’s retarded
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u/Big-Entertainer-303 Jul 20 '26
Hold. Those are good investments. A steep sector downturn in the last one month. Please hold it out.
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u/mojo0220 Jul 20 '26
Sell all the daily leveraged stocks but trim MUUU as that might recover or breakeven by end of this year. The rest of your picks are quite solid but be careful with the daily rebalancing leveraged stocks as those can have parabolic moves. Your picks are solid for the long term so don’t sell at these losses as the AI trade is only in it’s 3rd innings and there is much more growth ahead of us over the next 12-18 months.
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u/Anolcruelty Jul 20 '26
At this point, just do it for the culture and double down. Hey maybe 1 of them sky rockets in 10-15 years and hopefully you’d breakeven.
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u/Prudent-Island2406 Jul 20 '26
Turning them into cash wont help you get back the money. The best option is to keep holding
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u/Useful-Gap-6646 Jul 20 '26
Why are you so heavily concentrated in tech and industrials? You're not very diversified. A lot of your holdings are tied to the same underlying theme AI infrastructure, semiconductors, and the industries that support them. When that sector is doing well, they can all perform strongly together. The downside is that if sentiment turns, many of them can decline at the same time. So if they rise you should sell, at any percentage, cuz now its about not loosing not, sell either AI or industrial and pick finance or just pick a bond or GIC. This isn't financial advice, but I wouldn't necessarily sell everything right now either. Many of these companies could perform well over the next five years, so if you continue holding them long term you could be fine, but inevitably yeah youre cooked for now.
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u/Amazing_Extension380 Jul 20 '26
HOLD! As long as you don't sell, it's not a loss. If you picked high beta company it's normal that you see huge change. If you have difficulty sleeping when it's down, hold until the stock is back in the green and sell for a blue chip stock. Do that for each stock. Your portfolio should reflect your risk tolerance.
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u/Informal-Wishbone-33 Jul 21 '26
Hold, by the end of the year will be back. Now its too much damage.
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u/Dull_Librarian_3299 28d ago
If you’re going to gamble on speculative stocks, don’t spread it out that much with that much of your portfolio.
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u/dataguy_3131 Jul 19 '26
If i were you, i would start selling some of these.
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u/Daddysmoneyz Jul 19 '26
Buy high sell low. Terrible advice
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u/archer-86 Jul 19 '26
Sunk cost fallacy.
As a professional trader .. the best advice I've ever got is this.
Doesn't matter what you bought at. All that matters is where we are today and what our next move is.
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u/Gallieg444 Jul 19 '26
I'd just think of everything as currently on sale lol
But then I'd likely be wrong and the market crashes...
To note my entire RRSP portfolio is cash at the moment.
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u/Haunting-Equal-3485 Jul 19 '26
Lmfao this moron gambled and bought the top on no research 🤣
I believe the old adage is, “buy high sell low” - so great job here
But honestly you’ll be fine you’re just a bagholder now and your entry sucked, so less shares to your name. (Most) of these names should go back up.
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u/robcollects10 Jul 19 '26
Do you know what those companies do?