Friday, October 01, 2010 3:34:55 PM
I've been *brutally raped by three penny-stocks during my brief one year stint on the market and I don't have any problems with stress/ depression and I definitely ain't pointing no fingers.
My best answer would be to accept your mistake(s), try to learn something from it and move on with your life. The emphasis should be on what feels right and makes you happy. It's such a simple concept, but it seems like it becomes more difficult to grasp as we age.
That might mean that you should continue taking your chances at the market. It might also mean that you should seek professional advice -- which I can already tell you would be to take your money out of penny-stocks. The answer to that question will vary widely based on your circumstances (eg personality, financial situation, stage of life, goals, etc.). If it doesn't feel right, it likely isn't where you should be.
*BTW, overall my portfolio is slightly up over that one-year span, but I could easily be looking at $30K more profit if it weren't for those few stocks -- possibly much more had I "invested" that money elsewhere.
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