Key insights
- A retail investor seeks reassurance about their investment performance after experiencing losses in the cannabis sector. While recent returns are positive, the investor feels inadequate compared to others and questions their abilities. This reflects broader anxieties among retail investors navigating market volatility and highlights the impact of early investment experiences on long-term confidence.
Hi all,
I hope this doesn't count as self promotion...I just don't know who else to turn to.
Disclaimer: this isn't about wanting personal financial advice - this is just about wanting some reassurance, and maybe some perspective from others....because I never told anybody I knew that I had started investing and I really don't know anybody in real life who's knowledgeable in the field....so I'm just out here doing shit, lol.
I started my investment journey about 8 years ago...and frankly, I was doing okay (ish) - at first. However, I was heavily invested in the cannabis industry and well....yeah. I lost about 40% of my capital (at around the 3 year mark).
I'm pretty sure I made the right move in selling and moving on. I was pretty busy so I didn't *really* take the time to learn how to invest....but I played around a bit, and here are my stats (post my personal Great Depression):
5 year return: about 15% (fluctuates day to day)
3 year return: about 110% (again, fluctuates day to day, this is basically when I figured out that analysts are actually ranked...lol).
1 year return: About 70% (again, it fluctuates)
I was feeling pretty pleased with myself...until I started seeing the accounts and returns a lot of people on here seem to have. I feel like I don't know anything.
Am I hopeless?
Is this normal?
Are my gains over the past few years trash???
Please tell me it's at least a little normal to fuck up when you're starting out....why does it seem like nobody else on here has ever gone through a huge crash like I did???
Thanks in advance.