u/ApprehensiveDish7064

▲ 0 r/stocks

I’ve been thinking about whether I should sell my shares of MRNY. Right now I have about 15 shares, and overall I’m only down around $28, which isn’t a huge loss. The main thing the stock has really been doing for me is generating about $20 per month in income, which is nice, but I’m starting to question whether it’s actually the best place to keep my money long-term. It doesn’t seem like the price itself is growing much, and most of the return is just coming from those monthly payouts rather than any real appreciation.

i was thinking of just putting rest of the money into voo

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u/ApprehensiveDish7064 — 8 days ago
▲ 0 r/stocks

I currently own only 9 shares of this stock, and I’m down about $275 overall. Since I’m still pretty new to investing, I’m unsure what the best move is in this situation. Part of me thinks I should just leave the money in and wait to see if the stock recovers over time, especially since markets can go up and down. At the same time, I’m also worried that it could keep dropping, which would mean losing even more money. Because I don’t have much experience yet, it’s hard for me to tell whether this is just a normal short-term loss or a sign that I made a bad investment decision. I also don’t know if it’s better to hold onto stocks long-term or cut losses early and move that money into something more stable. Right now, I feel stuck between being patient and wanting to avoid further losses. I think I need to learn more about how stocks behave and maybe look into the company itself before deciding whether to sell or keep holding my shares.

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u/ApprehensiveDish7064 — 16 days ago