Should i exit on loss or wait?
My portfolio looks something like this. My major loss is coming from Rajesh Exports but its a legacy company dealing with gold. So i think it will bounce back.
But the stock is dipping forever now. Should i take the loss and exit?
You should ignore the Rajesh Exports investment and don't put any further money in it.
However don't exit now, it should bounce back even though it may not go profitable.
If it doesn't bounce back then also it's better to wait as the other stocks on your portfolio will bounce back for sure which may help you balance out the loss.
And at that time if you sell the other profitable ones along with Rajesh Exports then you can also benefit from Tax Loss Harvesting.
Investment is a game of patience.
Thank you! This helps.
Stay invested. Everybody is facing red.
