
▲ 0 r/fiaustralia
I started investing a year ago and learned the hard way that picking individual stocks is tough. Even though I made a good profit selling PLS recently and I am up on WDS and YAL, my big loss on AXI has wiped out those gains. Right now, my total portfolio is down about $1,100 after 1 year.
I’ve decided to sell everything and put the whole $13,000 into VDHG for a "set and forget" strategy. I plan to use my losses from the bad stocks to offset the tax I owe on my PLS profit and other winners.
I’d love to know if you think it’s better to sell everything at once or keep the winners and only buy ETFs from now on. Any advice would be great.
u/Key-Walrus2658 — 14 days ago