Has anyone recovered from a major loss in a core holding (20%+ drop)? Kind of in a pickle and wish I had never gotten into stocks. I know that's my emotions talking but it's been hard for sure. What practical steps did you take emotionally and strategically to rebuild confidence and returns?

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If you cannot afford (emotionally and financially) losing 20%, you shouldn’t invest in the stock market

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Oh man, yes—my biggest was a big drop in a tech name two years ago. The first step was giving myself a week or two before making any changes so I wouldn’t act on panic. I reread my initial investment thesis; if it still held, I sometimes averaged down. If not, I cut losses and moved funds to stronger plays.

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20% is nothing dude

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Unfortunately no one has ever recovered from that. It’s a career ender. Hopefully you can afford to stay in your home or move in with parents or family. I would take all of my money out as soon as possible and invest it all in treasury bonds.

likefunny

This is satire I hope!

It’s really simple. If you can’t handle the emotions, just buy indexes. If an investment in one name dropped to 0 and that ruined you financially, you shouldn’t have invested in the first place! Every dollar you invest in equities should be money you could go your whole life without touching, until retirement.

But if you’re worried about risk, invest in indexes and you CANNOT lose in the indefinite timeline

likefunny

Totally agree. Put 50-60 percent in no more than 2 or 3 ETF with SpY or Vug being one of them and then no more than 15 percent in any one individual stock if you still have time to do homework on a few solid companies that have earnings.

20%??? I can lose that in a week. My portfolio went down 80% and here we are. If you choose the right stocks and you have the risk you are taking then eventually everything will recover its value

likefunny

It happens, shake it off and stay the course.

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Some of my biggest gainers have been down 50% for a long time. Know what you own.

Was on ETH - 40% in the sewers in April now up 50%. But that is the nature of the beast. It’s just money.

20% is nothing… most of us loose 80% on atleast 1 stock over decades

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