What to do
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
| Stupidly bought into Lulu and caught the falling knife. DCA at 247, down 22%. I can hold long term but should i just cut the loses and buy into Pltr or nvidia? |
Anonymous
| Sell it all. |
Anonymous
Can’t tell if you’re being serious or sarcastic |
Anonymous
| Palantir is really taking off. |
Anonymous
OP here. I’m afraid it’s way over valued and propped up by retail investors. The multiple is wild. |
Anonymous
You are following the herd, OP. Just as you believed you were ahead of other investors when you bought lulu, but were actually behind. Same with pltr and nvidia. Just go to cash a relax for a while. Then expand your investment ideas beyond the news headlines. |
Anonymous
| Are you an investor or a gamer? There is no get rich quick as an investor. Buy S&P 500 and do nothing for the next 20 years. There will be a pot of gold an the end of the rainbow waiting for you. |
Anonymous
| *gambler |
Anonymous
*gambler |
Anonymous
I think I was a gambler this time. I do have a lot of S&P index investments but thought “for sure” LULU can’t go lower from the recent drop off 🤦♀️. Now I’m down almost 20k and am trying to decide if I should sell, take the loss for taxes, and buy into nvidia or palantir or should I just be patient (I’m not good at patience) and see if LULU rebounds. I’m also afraid of rolling into one of those high valued stocks and then experiencing a pullback with them. Give me your advice!!! My partner is not happy with me. |
Anonymous
Should I sell and stick in cash or just wait it out? |
Anonymous
|
So, $20k is the 22%. That's a lot of money to throw at that boring stock when few people are shopping.
Several stock down now in August will do 20-30% easily when crypto goes up. Even Tesla is good at $280. NFA. Did you learn anything? Get $20k value out of this. |
Anonymous
|
I did learn - it was dumb.
Should I leave it or move it and try to make it up? Help me make a Smarter move next |