Key insights
- The user is seeking advice on a speculative ETF holding focused on space-related companies like Rocket Lab, Planet Lab, and ASTS. Despite a significant unrealized loss, the user views it as a long-term (20-year) investment and a small portion of their overall portfolio. The query is personal investment advice rather than a market-moving event.
hi all
i bought this etf in my stocks isa as a speculative bet £13k total but bought pretty much at the top averaging £98 a share , currently £73, the stocks it composing of are rocket lab , planet lab, asts etc, i thought it would go up a lot more but this is a long term hold, im talking 20 years but obviously a drop of £4k currently isn’t what i want, these stocks overall are they good to hold long term to people who understand it more , also i haven’t dca in , now its £73 a share and im averaging £98, chat gpt said to hold it , this is a small % of my overall portfolio, about 2% so £13k isnt much