I bought into FB at $190 and NFLX at $390, when it dipped a couple weeks back I picked up more NFLX and got my average share price down to $375. It’s been pretty rough watching these two tank over the last few days, I’m reading about how there’s only so many people on the planet and this is bound to happen, but I hate to sell now when I’m down a grand total. I’m comfortable just sitting on them and even considering buying more in the dip but I’m curious what others are thinking. Anyone else in this position?
Edit: I’m long on both these, have an IRA I max out each year and decided to start purchasing stocks to learn and hopefully earn more. I’m 35 and ideally all these go towards retirement in 20 or 30 years. My risk tolerance is fairly high but I’m new to this so looking for advice. My Dad recently passed away so I have a good amount of cash to invest and can buy more..he was smart with money and saving so I’d like to do right by him and my two kids.
Submitted July 30, 2018 at 11:10AM by CJ4700 https://ift.tt/2LCqvML
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