Submitted by NoMoneyAnywhere t3_z7ust3 in personalfinance
SCR00GE-MCDUCK t1_iy87y50 wrote
As i’m sure you know already, the whole market is down this year. Provided you are able to, I would keep holding - you aren’t out anything until you sell. You have plenty of time to hold and, potentially, reinvest any additional amounts you may become comfortable with to add at lower costs.
S&P 500 has been beaten down nearly 17% in 2022…. Despite all this, the index is up over 50% still over the past 5 years.
Keep holding, consider adding more, be wise with your investment decisions and most importantly, be patient. Do what you’re comfortable with and focus on the long-term!
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