I was only up 1.5% for the first quarter of the year and I am furious

Why? Because I was underinvested headed into the year (70-80% cash) after hearing nearly every "expert" talk about how awful the first part of the year was.

And then I tried buying things and some worked out, and some did not (example: I owned a huge portion of TITN which fell tremendously after earnings)... I had a stock liked ARHS which did amazing.. until earnings and I am now a loser in it. It appears a LOT of stocks are constantly being "reshuffled" and becomes very difficult to just "Buy and hold" stocks when you invest a lot in them and then they are back to 0 or even wrose. When the market fell again, I went primarily to cash as "protection" again listening to experts.

but most recently I've been about 55-60% invested and done relatively similar to the NASDAQ.. but with that cash position at 40% it's still impossible to "Beat" the indicies.

It seems like when the stock market is in a rally, it's the "growth/risky" stocks that do the best going up 8-10% sometimes even in a day! I am not in those stocks...

Luckily I am in a bunch of semi's now but I'm really questioning why I even spend 2-3 hours a day even doing this haha.

Another note is I owned WAYY too many stocks.. I am trying my best to narrow it down to only 25-30 moving forward. not more than that which I had gulp

submitted by /u/Inevitable_Night_933
[link] [comments] https://www.reddit.com/r/stocks/comments/129es0s/i_was_only_up_15_for_the_first_quarter_of_the/
Created 2y | Apr 2, 2023, 5:21:02 PM


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