LogFAQs > #962152146

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Topic	Stock Topic 35
Zachnorn 01/28/22 11:47:52 AM #300:	It really all depends on what you're buying. I'm down a grand on SOFI and just a few months ago I was up a grand. Similar with other stock picks I've made, but not as much money (I just really believed in SOFI). Meanwhile, while I'm down on my ETFs, they're not that far down. If you're buying ETFs, those are best for long term holds. Companies being bought and sold quickly is perfectly valid, especially if they're speculative. Like, that's what I should have done with SOFI. But I probably wouldn't do that with companies more established and "boring" like KO if I believe in them. But you buy those anyway if you're buying an ETF like SPY/VOO. So might as well just buy those. --- <D <cite>Zachnorn posted [p:962152146] in Stock Topi... [t:79832223]...</cite> <quote>It really all depends on what you're buying. I'm down a grand on SOFI and just a few months ago I was up a grand. Similar with other stock picks I've made, but not as much money (I just really believed in SOFI). Meanwhile, while I'm down on my ETFs, they're not that far down. If you're buying ETFs, those are best for long term holds. Companies being bought and sold quickly is perfectly valid, especially if they're speculative. Like, that's what I should have done with SOFI. But I probably wouldn't do that with companies more established and "boring" like KO if I believe in them. But you buy those anyway if you're buying an ETF like SPY/VOO. So might as well just buy those. --- <D</quote> ... Copied to Clipboard!
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