In a section of this report Money Sense talks about the 25 worst performing stock.
I must admit, I was invested in WorldCom when it when bankrupt and lost my invested month. I was also invested in Nortel. I sold half my stock at $84.60 in 2000 because I thought the price was getting stupid. It just went higher in the bull market, but this is what happens in a bull market. I sold the rest at $2.40 when the bull market was over.
You never like to lose money when investing, but it happens. However, a few losses did not hurt my overall portfolio. When investing, you are going to make mistakes and you going to lose some money on some stocks. However, what you do in your overall portfolio is what counts.
On my other blog I wrote yesterday about Ovintiv Inc (TSX-OVV, NYSE-OVV) ... learn more. Next, I will write about Dollarama Inc (TSX-DOL, OTC-DLMAF) ... learn more on Wednesday, October 25, 2023 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. I am not a licensed professional investment advisor. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
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