102687805
commented on
$BGF World Technology Fund(LU1852331112.MF$
first time subscribe to a fund big amount but negative why
should have start small
when will I gain back help please
should I withdraw the funds before it lose more
first time subscribe to a fund big amount but negative why
should have start small
when will I gain back help please
should I withdraw the funds before it lose more
1
17
102687805
voted
On August 1, 2023, Fitch Ratings downgraded the United States' long-term foreign-currency Issuer default rating (IDR) to AA+ from AAA. The last time an international rating agency did so was 12 years ago when Standard & Poor's cut the U.S. credit rating from AAA to AA+ in 2011.
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Why downgrade?
Fitch attributed the downgrade of the U.S. to several factors, including weakened governance, rising general government deficits and debt, medium-...
Fitch attributed the downgrade of the U.S. to several factors, including weakened governance, rising general government deficits and debt, medium-...
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102687805 : brother the fund price moved 3% and you're down 2.7k. it's a lot of dollar risk taken on. next time average out your investments over different funds or different time periods.
102687805 : we might enter a new bull market fuelled by tech and AI, esp with rates coming down. the fund is a good one but i think you bought the top especially when a correction is long overdue (PS, look at NVDA price post split, up to 140 and now down 20% to 115). your timing may not have been right, and it's difficult to time the market. Btw, this is not investment advice.
102687805 103179640 OP : Don't beat yourself up about it. plenty of people make mistakes when investing. the important thing now is what to do going forward.
I can't advise on whether to hold or sell as it depends on your own risk tolerance and how much you can stomach. The market may continue rising or it may have a correction. If you're investing for the long term (5-10 years), then I think it should be okay. But you need to think about how much drawdown you can weather in the short term.