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Investing in hot areas is hurting

Will_L

Hall of Famer
Gold Member
Oct 12, 2003
19,512
21,303
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Teledoc down 83% off high

The Ark fund that was the be all and end all of tech is down over 70 % from its highs

You don't want to even see where those Reddit meme gamestock chasers have ended up. Those Reddit gamblers who learned. A little investment lingo like "puts" and "covered calls" out there are in deep shit.

When the bear comes it's just like the whore house .it eventually takes everyone including the piano player.
For those dollar cost averaging into the market you are in the catbirds seat. Keep plugging. If it goes 20% lower so much the better.

The only people this hurts are those in accumulating phase that think they can time it or trade it. Or those that were so heavily invested in stocks in retirement that have to liquidate.

Otherwise Rock On!
 
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