I just lost $7000 on my stocks - Advice needed
 

This question is for anyone familiar with the stock market.
Should i hold or just cash out... im left with $14,192 on that particular investment.

depends what the stock is in tbh.... imposs to say without looking further into the investment

answer is simple, if you don't sell, you have lost nothing. Market will come back.

The standard advice would be to keep it in stocks if you wont need that money for next 2-3 years or get out but wait till the next short term rebound...

If you don't need the money and you had no intention of cashing out prior, why would you cash out now unless it was absolutely a sinking ship? I would just ride the storm...

If you want to know what Warren Buffett would do, it would be something along these lines:

"If you thought the stock was a good deal then, and it goes down... it's a great deal now. Buy more."

:2 cents:

Whats your timeline? Do you have a pressing need for cash?

If your timeline is greater than 3 years and have no pressing need for cash, I suggest you don't even look at the stock price for the next 3+ years. Pull a rip van winkle.. when you check back in 20 years, you'll be just fine.

If your stock is in buggy whips, go ahead and sell. Otherwise, wait it out.

thanks for the advice.. i was actually about to use $6000 of it to expand my business.. But now that looks impossible, since its best to wait like most you guys have suggested.
Thanks a lot.. I really appreciate the help.

My advice:

http://www.strategicprofits.com/wp-i...un_to_head.jpg

:thumbsup

Market Minute: October 6, 2008: Major low is near - Donald W. Dony, FCSI, MFTA

As the 2008-2010 bear market continues to unfold, models are indicating the next major market low has almost arrived. Technical evidence suggests that the next important trough for global markets is expected by mid-October. Though bear markets are constructed of a series of lower lows, they are also punctuated with strong short-term advance. Past bear markets have displayed upward movements of 15%-20%.

Bottom line; Expect a low to develop within 1-2 weeks followed by increased upward pressure into November. Longer-term models still support lower numbers over the next 12-18 months.

Investment approach: During bear markets and business cycle contractions, central banks normally lower interest rates to help stimulate economic recovery. Lower rates means higher bond prices. The next 12-18 months should offer an excellent opportunity to profit from higher bond prices.



http://www.technicalspeculator.com/d...a22f0be01c.jpg

Be glad it wasn't 2 million.

HORRIBLE advice, I lost $30k a couple years back but would have lost only $10k if it weren't for STUPID advice like that.

Fact is if you're bitching about losing $7k just pull out and STAY OUT! The market currently is russian roulette these days. I don't see any reason to put money in ANY stock at the moment to "invest" the only way to make anything right now is swing trading. "investors" have no place right now.

damn.. now im really confused...
Actually, im not bitching about it cos it was supposed to be longterm investment.
What happened was that, i wanted to withdraw some of it to fund another business.
But i cant do that anymore since the loss.. Now, i would have to use money from other sources.
But now, im not sure if i should just withdraw the remaining and use it for my biz or use leave it alone and grab cash from another source.

mine and business is down over 100k dont feel sad ...

It's a good thing you can always count on the general expertise of GFY for such important matters.

It really does depend on what the stock is in imo.

If it's in the financial sector or in companies with very high debt to earnings irrespective of their growth or rentability, then the company is going to take a lot lot longer to bounce back and I'd say sell and buy into something that will rebound a bit quicker.

All sectors are hitting or shortly hitting 4yr lows, just some will bounce back quicker than others. Have a look at Christian Dior when it hits around 30 euro (25% less than todays values, whatever that be on your country's exchange) or similar in the domestic products sector, or even telecommunications sector as these will bounce back, irrespective of world recession. I'd cut out and put in these, cos you'll get your money back in less time.

Depending of course which sector you are currently in.

Sorry to hear that

first thing to do is use gfy analysts and experts :thumbsup

the smartest thing you could have done is come to gfy for stock advise

:thumbsup

get rid of stocks!
buy adult content (20%)
and use 80% on marketing/traffic

Wow great advice to lose even more money.

With the way tube sites are going content is going to be worthless in the next 12-24 months.

Content is never worthless. Believe me.
No content=no adult bizz
If plan A fails , try plan B, etc.

well.. gfy isnt the only place that ive looked for advice..
I just wanted to get as much help as i could.

:2 cents::2 cents:

What stocks are you in?

I'll check the charts for you and see if i can find any likely price points...

it all depends on the stock and the segment.. a lot of segments are going to go into the shitter...

look at how many people thought fannie mae was safe investment... :2 cents:

you have 14k today.. thats the only thing here thats certain...

Warren Buffett says to hold for 10+ years. He would tell you not to worry about drops in the market. If anything, a drop in the market might be a good time to buy.

I wish I lost 7k$

That is what content producers have to say to keep selling content ;)

orly? How is adultvest doing particularly after it took over iporn?

if it's a financial company i'd sell... look into buying oil stocks right now, going into winter they're going to pop

damn get professional advice at gfy lol

Don't look at me, I'm lost in the stockmarket ...

ride the wave...you have no other choice at this point. The market will turn around (who knows when???) but its a cycle. Best of luck to you

You're talking about a "particular investment". Without knowing what it is, nobody can give you any decent advice.

Several scenarios:
- you invested in an index fund, or a broad basket. If this is the case, in a few years (5-10) your investments are likely to have gone up again. There is a risk to this, but historically speaking, it's a small one.
- you invested in an index fund, or a broad basket, and don't want to wait 5+ years before seeing your money again. Take it out now to minimize risk, or keep it in for a bit longer if you think a big upward surge is likely. Each is risky.
- you invested in specific stocks, and you're Warren Buffet. You probably based your investments on extensive research, so in the long run, values should go up again.
- you invested in specific stocks, and had very little idea about what you were doing. You're fucked. Taking it out now means you get to swallow large losses, keeping it in means you run a very real risk of losing it all. Seriously, what the fuck were you thinking?

The only good advice is: If you think the stocks will go down further, why would you want to lose more money? Unless you're willing to ride it out.

Even if you think the company will survive, but have another hard year, you can take out your money, and re-invest in the same company when it's bottomed out and starting to go back up again, effectively increasing your stake.

I second this.
To earn money on stock exchange, do exactly the opposite of what all others do. But don't tell it to everyone else.
Maybe this would be smart in our porn business too, i don't know because i'm only a stock expert.