RE:RE:RE:RE:Rookie (All opinions welcome)
InvestForce wrote: FOMOsapien, perhaps we can simplify this a bit. Since you already showed discipline by taking out you initial investment or "cost basis", now what to do is unique to your level of risk taking. To that I say that if you sleep well and don't feel the need to check your stocks and won't be screaming at the screen if it falls, you can concentrate on other investments in your portfolio and not be distracted, you're doing well. If all your attention is still feeling pulled to DDC and FLT, then maybe it's time to sell. Don't look at FLT in a vacuum because other things will not get attention.
Thanks InvestForce! Understandable and sounds reasonable. $16k tied up at the moment:
- Larger part of the 16k invested into renewable (solar energy)
- Two small parts of the 16k into cannabis investments (money I don't lose sleep over... which is good because they took a monstrous hit today)
- "house money" in FLT
- $5k now in cash
I understand the risks of investing, and no one enjoys losing money! However, zero risk makes zero money. I've been burnt before which makes me more cautious on the really bold plays. Trying to make wiser decisions while still playing a higher risk/reward now. If that makes sense. I don't play with my life savings/investment. I use money which would suck to lose, but wouldn't kill me (side money saved from work commissions/bonuses)