One of these posts... I'm 10% down.
I'm a noob, please don't shout at me. 30 years old.
This is going to be one of those posts; I'm sorry in advance.
Today, I'm 9-10% down. About 3.5k down. Negative: Loosing money.
I joined the market in late December 2024, mainly with Nvidia, ETF S&P 500, Microsoft, Alphabet, Amazon, AMD, Uber, Apple, D-wave Quantum (order by num of positions).
I didn't save money to average my buy-in over time; I just invested what I had during December - Febuary 2025; but kept some cash to survive.
I bought some "dips" the few last days, but my average is still very high.
Would it make sense to sell-all with a 3.5k loss, and get back in the market with a much lower buy-in average - in a month or so?
I thought I wanted to be a long-term investor - but this situation makes me very anxious. Each time I buy a "dip" it feels like I'm throwing money in the trash as my average doesn't come down any near to the current "bear"(?) ("corrected")(?) market.
Posted Mar 7, 2025, 9:45 PM UTC