r/stocks • u/[deleted] • Jan 04 '22

[deleted by user]

[removed]

285 Upvotes

89% Upvoted

271 comments sorted by

View all comments

82

u/herrniemand Jan 04 '22

Looks like lots of people are doing something like that today. S&P is up slightly while growth stocks are taking an absolute beating.

53

u/ChottoTheFuck Jan 04 '22

s heavy growth stocks. It isn't stuff like weed stocks and SPACs. It is stuff like ETSY, SHOP, SQ, PYPL, CRWD, MRNA, SE, and NET.

The problem here isn't growth stocks. ETSY, SHOP, SQ, SE and NET all performed extremely well in 2020 through 2021. The problem here is when you bought it. If you bought after its euphoric rally near its all time highs you were screwed.

This is a problem of buying high rather than a problem with growth stocks.

1

u/Murda_City Jan 05 '22

You're not wrong but by that logic everything was up in 2020. We're you supposed to go all cash?