4 ms·
Shit, this is really going to hurt my portfolio. A lot of other tech stocks are down as well.
by matte_black 8y ago
Shit, this is really going to hurt my portfolio. A lot of other tech stocks are down as well.
- zwily 8y agoDid you just buy it yesterday? It’s still way up for the last few months.
- matte_black 8y agoI actually bought it quite sometime ago, but that means I have a lot of shares, and the more shares you have the more small movements in price start to add up to real money. Right now I’m down several thousands of dollars on NFLX, which could have easily been a few international vacations. It’s not the first time or last time stuff like this happens, but everything was rallying so nicely the past few days it’s a shame to see that get back tracked. And of course, other tech stocks are down with it which also adds to the pain.
- jetsnoc 8y agoYou can't predict the market but I think they still have some growth ahead of them and that their shares will still rise. They won't rally and grow as much as they have forever but I don't think the market has softened up for them yet. I'm going to buy while they are a little down.
- matte_black 8y agoI do think they will grow but now I’m planning when my actual exit will be. I think I’ll give it another year or two before pulling out and realizing the gains.
- blt 8y agoThanks for letting us know
- matte_black 8y agoYou might be making a joke, but much of the stock market is driven by herd mentality.
- klipt 8y agoStocks are volatile. But if you're investing for the long term it doesn't matter. Just stick your money in Vanguard index funds and forget about it apart from rebalancing once a year.
- matte_black 8y agoI took that advice several years ago when I started investing, but a big mistake I made was choosing a value fund instead of growth fund. Could have got so much more.