Hi Sarina, it makes sense to wait for institutional investors to begin to buy more of Etsy stock. I just checked on nasdaq.com - it doesn't seem like they're eager to buy at this time. This could naturally change any moment.
Everyone learns their style, sometimes by expensive mistakes. For me, it would not have been a buy because it doesn’t match up with the investing rules I follow. But everyone is different!
I am sorry for your investment. It now sits at a multi annual low but you never know. I think gradual investments as you earn and save would add piece of mind.
Hi Sarina, it makes sense to wait for institutional investors to begin to buy more of Etsy stock. I just checked on nasdaq.com - it doesn't seem like they're eager to buy at this time. This could naturally change any moment.
I don't think there is enough to push the price back up but I kinda want to see it through. I don't know, I may change my mind.
I agree with your decision to stay in, you never what will happen in the future, Etsy might exceed your expectations.
In the meantime I think what you can do is sell parts of it for tax loss harvesting, so you can used it to off set your future capital gains.
Also not sure how many shares you bought, but if you have at least 100 shares you can do a covered call on them to collect some premiums.
No I don’t have 100 shares but let’s see. It’s back up a little. Let’s see.
Learn how to use stop losses.
Everyone learns their style, sometimes by expensive mistakes. For me, it would not have been a buy because it doesn’t match up with the investing rules I follow. But everyone is different!
I am sorry for your investment. It now sits at a multi annual low but you never know. I think gradual investments as you earn and save would add piece of mind.