I joined the Motley Fool approximately 1yr. ago and invested 500k into 5G and Blastoff 2021 based on the Fools strong track record. I own 73 Fool recommendations that are currently at a 4% loss vs a market that is at a 28% gain for the same period.
I know there are no guarantees but this is a dramatic difference. I suspected at worse my Fool investments would at least be close to the Market.
Has anyone else had this experience?
In addition, does the Fool feel strong about holding these stocks for the recommended 3 to 5yrs?
Hi, JEK7. I apologize for the delayed response. I imagine that you are felling the market’s sting even more now than back in January.
First, let me assure you that TMF still feels strongly about holding recommended investments for the next 3-5 years (or longer). TMF felt that way during the Great Recession and during the Pandemic Recession just 2 years ago. In fact, I think this current down market isn’t even as bad as it was back in March 2022, but coupled with inflation and war in Ukraine, it just feels more apocalyptic.
I think the important thing to remember is that while the market is down hard, the performance of these companies for the most part remains positive. Some are still recovering from the pandemic, some are going to feel the sting from sanctions against Russia, one thing for sure is we live, and invest, in interesting times.
Fuskie
Who is personally waiting for a upcoming change in employment to give him the opportunity to roll a Roth 401k into a Roth IRA in which he will be able to put his Buy Watch List into play and invest in some great companies that are currently available at sweet market discounts…
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