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Thread: Should I sell my stocks?

  1. #1
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    Aug 2020
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    227

    Should I sell my stocks?

    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.

  2. #2
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    Nov 2020
    Posts
    157
    Sell shares.

  3. #3
    Registered
    Join Date
    Mar 2021
    Posts
    163
    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.

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