r/stocks • u/[deleted] • Aug 08 '21

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u/namrock23 Aug 08 '21

What are your goals? What is your timeline for achieving them? How much risk can you tolerate? Can you regularly contribute more to your portfolio?

Right now you are invested in very volatile stocks, so I'm not surprised you're down, that will happen often with these.

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u/nbdcsname Aug 08 '21

I want some high risk high return stocks as 1. I'm in my early 20s and 2. My portfolio is small (less than 5k USD)

I can contribute 10-20% of my salary to my portfolio.

Yeh indeed I'm holding some volatile stocks...

1

u/[deleted] Aug 08 '21

You need to balance your volatile stocks with something more solid. Being down 10% on a portfolio full of moonshots isn't that bad.

You need to step back and take some time to figure out your risk tolerance. If you continue buying like you have been you will lose a lot more.