4 ms·

I'm the biggest loser, having bought $60,000 worth of FB at 18, only to sell it at 19 or 20. Geez O Pete. I couldn't get comfortable with such a big chunk of

I'm the biggest loser, having bought $60,000 worth of FB at 18, only to sell it at 19 or 20. Geez O Pete. I couldn't get comfortable with such a big chunk of my net worth in one stock. Not sure if Snap will perform the same miracles as FB however.

fab1an 10y ago
You shouldn't judge decisions purely based on their outcome, and especially not with stocks. If 60k is a significant chunk of your net worth and you don't want to just gamble, it was probably rational to at least sell part of it...
mobiplayer 10y ago
Getting 5-10% extra is a win in my books. You did the right thing at the time, don't sweat it.
- csomar 10y ago
  Not really. If he bought a volatile stock and sold with only 5% profit, then he didn't make much considering the risks he was taking.
  - tinco 10y ago
    He also did not lose much, considering the risks he was taking..
  - hndamien 10y ago
    There is never a bad time to take a profit.
AJ007 10y ago
I did something similar with Netflix after their streaming/DVD debacle. Bought a bunch low, and then quickly sold it after the recovery. I sure missed out on a massive return!
- dabber 10y ago
  And a split :( ...I did the same
bfrog 10y ago
Gains are gains. It's not the gains you wish-you-coulda-woulda-shoulda, it's the losses!