Blood bath in my portfolio

I pray / hope you don't get to experience what a true bloodbath in the investing world is. The markets have been fairly rewarding the last few years

For the amount you have invested you should not be having more than 8-10 stocks. Consolidate it. The stocks that have fallen a lot cut them out and deploy that money into the top 8 or top 10 stocks.

Giving gains back to the market is fine. Its normal. Just make sure you don't lose a lot of capital.

Take this weekend to study up on the fundamentals of all that you have.

To @steppenwolf; this is a ver underrated point. maximum 8-10 stocks is enough at this investment. People jutst don’t realize that.

There’s another fine point I feel is missing from most stocks advice: Don’t put too much money in a single sector. The only exception to this rule: Unless you know that sector way better than most people.

@bigboi this is good capital to restrict to up to 10-12 stocks, little over 8-10 stocks(I am think about a lac-1.25 per stock). But take a step back to understand which sector you actually understand: is it tech? Is it infra? Is it electric? Is it pharma/banking/auto etc. Then, figure out which companies/sectors do you not understand at all.

Take until Sunday to do all of this. Then prioritise where to take out from and where to put in and gradually focus your portfolio in that direction.

You can use screener.in to understand the stock fundamental better.

Disclaimer: I have nothing to do with the publisher of screener. I just found it incredibly relevant to my investment decisions (my strict fundamental evaluation based portfolio has become 3x since start of 2022, screener has beenen very useful to that decision making process). :)

You are way over diversified. Don’t keep more than 10-15 stocks in your portfolio.

@bigboi first question: are you holding 40 stocks (companies)?
That’s a serious concern I guess?

Tell me one thing. With the amount of money you have invested in each stock, if any of them becomes 10x, will it change your life?

I'm guessing you started investing recently(after Covid) and haven't seen a real bloodbath in market. This is a much awaited correction since the markets have been rallying ever since.

Don't worry it will be back in green soon. Think of this like a bus stopping to get other passengers on board.

2 percent hit in portfolio is nothing. If the amount is significant for you then you need to get better at risk management.

How confident are you on your picked stocks? If the answer is yes, HOLD.

Mine is same too. But I guess you hv more fundamentally weak stocks. Probably chased momentum then...