1) You hold on and you keep seeing the same or worse from FASC. 2) You sell and switch to what you believe is a better investment and do worse than you have with FASC. 3) You sell and switch to what you believe is a better investment and do better than you have with FASC. 4) You sell and switch to what you believe is a better investment and FASC finally takes off while the 'better' investment doesn't pan out.
I was stuck with number 4 for quite a while. I had #2 happen to me about 5 years ago, but only after first experiencing #3.
I am now back at #3 again. I was able to time some FASC buys and sells along with purchases of my new investment to allow the value of my account be where it was when FASC had its best run. I feel the chances of my gains from this new investment doing better than FASC even after this run are higher than FASC outperforming even with FASC near its lows.
What I can tell you is that it feels good to move on. It even felt good to move on when I lost.
I hate stagnation, even when it is accompanied by 'hope.'
Hope some of the irons in the FASC fire pan out for the little bit I have left. But it's not my only hope.
FASC fooled me once too often.
techisbest
Please tell me this is just the tip of the iceberg.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.