I can't believe that things can turn around so quickly.
I never buy stock prior to September 2021. When inflation was high at that time, I decided to dump all my cash into stock market and thought it would hedge inflation. I paid for a stock pick service and bought all stocks from their recommendations. I bought SHOP at $1500, UPST, SNOW and ZS at $300, CRWD and DOCU at $280, TTD at $100, TSLA at $800, HUBS at $600, ROKU at $120...
Since 11/2021 the Fed started to crash the market. I kept on DCA, but the more money I added the more I lost. On 12/31/2022, my loss was around 65% at $800,000. I was unhappy and mentally stressed the whole time and did not think I can recover the loss one day.
On 2023, my profile started to turn around. All the holdings I have through 2021-2022 are 2X to 4X from the bottom. Recently both my realized and unrealized gain/loss are finally positive with a whopping +219% gain TYD. I still cannot believe how quickly it turns around. I feel I am extremely fortunate.
I wrote this post just want to share my feelings with all bag holders. When you feel there is no light at the end of tunnel, don't loss hope and keep adding money to good companies when their prices are down. Your loss will recover one day.
Profile and 2-year&YTD charts: https://imgur.com/gallery/kC0YiOk
[link] [comments] https://www.reddit.com/r/stocks/comments/14x34yk/started_investing_92021_and_finally_break_even/
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