PDA

View Full Version : Should I sell my stocks?



ZoeHillo
03-11-2022, 06:39 AM
I am new to investing.

I have 6k in the S&P 500, 5k in the Nasdaq and own 2 Amazon shares.

Everything is down. I bought Amazon at $3500 over a year ago.

I've lost a lot this week. Should I take everything out? Or leave it in?

As it stands I am down at least 2 grand on my portfolio. Over 19% on AMZN and close to 10% on the index funds.

I also have about 3500 cash available.

AmeliaBailey
03-14-2022, 03:13 AM
Sell shares.

BrandoWilson
03-14-2022, 03:13 AM
Well, I think that selling stocks at the slightest dip is very stupid advice. As a rule, stocks tend to rise and fall. This is a normal jump. Don't make rash decisions. I think that the situation can be corrected by stocks with high dividends. This is how I secured my pension. Well, I think https://www.suredividend.com/high-dividend-stocks/ is where you can find some really useful information about stocks. Every day the data is updated, so I think it will be useful for you. This will help you buy really high-yielding stocks and not run after every $2.
Good luck with this.