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>> No.54963669 [View]
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54963669

>>54963350
The answer to this question depends on two things: your overall cashflow and your expectations for the underlying companies. As long as you can afford your various monthly payments on your current income, you can afford to wait for these stocks to recover (that said, if these are on margin sell it NOW while it's still your decision and not your broker's). If your income can't cover your non-stock related payments that is a separate problem that your portfolio won't be able to solve.

Anyways, assuming your income situation is alright, it then becomes a question of, do you think that at some point these will recover. Basically, for each company, do you think they will still exist and be bigger in 20 years. If AQB is a representative postition you may be in for a rough long hold. But, if these are high growth stocks then they may also have a lot of potential. So, maybe another question to ask is, "is there any new information since I've bought these that indicates to me they no longer have long-term potential"? Dump any stocks for which you answer yes.

Once you've weeded out the weak picks - ignore for a minute your losses. You need to think about what's the best to invest in NOW, with the number on your screen today. Do you still want to swing for the fences with companies that will either 10x or 0x? Or, would you prefer the safety (but lower long-term potential) of something like a broad market index fund? An intermediate solution to consider might be, put some of your wealth in safer holds (e.g. index funds) so you have a "backstop" that prevents you from going to zero while still participating in broad-market gains. But that is a decision only you can make.

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