Key insights
- A retail investor expresses concern over significant portfolio drawdowns, particularly in Meta and Reddit. This highlights the risk of concentrated positions and the impact of individual stock volatility on inexperienced investors. While not a broad market indicator, it reflects potential vulnerability among retail investors, which could amplify market corrections if widespread.
Meta,reddit,sofi,crdo are my biggest holding, My average for meta is 650 and reddit 180, and for sofi is 22, for crdo is 140, also have some hood at 90. I initially brought sofi at 12 and sold 30.
I am not sure how to deal with drawdown it was my worst week in a long time and i am down on my initial investment 20 percent to be specific. I am still fairly new to stock market, so just trying to manage my emotions i guesss. Didnt help that my two biggest holding reddit and meta dumped hard this week
I have done my research into these stocks which is why i brought them. just just looking for advice and thouhgts on my holdings