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Reply to "Stocking picking fail, how can we turn our retirement portfolio around? "
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[quote=Anonymous][quote=Anonymous]You sound extremely uninformed. 1. This year, there's been a market correction. Your portfolio would have tanked anyway. 2. You're young. You'll recover nicely. 3. DO NOT SELL. Keep the tech, it will do well in the future. 4. When market reaches bottom in the next few weeks and months, buy more stock. I'm buying more tech. The only thing we agree on is that you should steer your own portfolio. [/quote] Yes, it would have tanked but not 60+ percent. That’s too much. Our entire portfolio should be 15-20 individual tech stocks that were suggested by Motley Fool. Random companies like Lemonade... We aren’t selling but at this point I don’t want to buy a bunch of speculative individual stocks. We are continuing to put more in the market but we need to put it in index funds. If it was even like 20-30 percent fine but 60 percent in a year is insane. [/quote]
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