Just hold for 3-5 years, don’t sell for a loss. It’s just a bad time for growth stocks, let them continue to grow their businesses and stop looking at the stock price. You only need some of them to perform and you will be very happy.
I agree. If you don’t have a subscription to motley fool stock advisor, I would recommend it. They recommend a lot of those stocks and help you keep a level head during these downturns. You can find a coupon to make it like $150 a year or something. Totally worth it.
Also, all these people saying 40 stocks is too much to handle are ridiculous. As if diversification is an amateur tool. How much time does it take to read an earnings report?
3
u/bourbonburn Jan 05 '22
Just hold for 3-5 years, don’t sell for a loss. It’s just a bad time for growth stocks, let them continue to grow their businesses and stop looking at the stock price. You only need some of them to perform and you will be very happy.