I entered the workforce in 2020 and likewise, got into investing at a time where everything was green. As a result, I’m now in a place where current and future investments will be going into much safer stocks and ETFs (VOO, VTI, MSFT, etc). However I am still holding a fair portion of risky and volatile stocks I’ve since learned I hate holding (PLUG, PLTR, SQ, ARK ETFs, etc).
In my head, it makes sense for me to sell these stocks, even for a loss, and move that cash back into stocks I feel more comfortable holding, can provide steady gains, and that I know I’ll come out on the other side of alive eventually. Is this the right move to make?
[link] [comments] https://www.reddit.com/r/stocks/comments/12kqmuu/does_it_make_sense_for_me_to_sell_risky_stocks/
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