r/stocks Jun 18, 08:38 PM
I forgot I bought AMD and now its most of my portfolio, it's stressing me out I'm going to be honest, I have no idea what I'm doing when it comes to stocks. My Portfolio strategy has always been to drop a chunk of my paycheck each month into the usual ETFs, max out my 401k, and wait until I retire to sell. I rarely look at it. I'm vanilla like that.
However, some divine soul descended from heaven onto this subreddit many years ago made a very convincing argument to buy shares of AMD back in 2018, so I dropped about $20k into it. Fast forward to me coming back to look at my account to find its now up 2500% from when I bought it. Which is insane and amazing, trust me I'm not complaining. It feels like all the terrible cards I've been dealt in life have been balanced out by this good one.
Except now - with every reddit thread and youtube post constantly screaming about the AI Bubble I feel like I could lose it all very quickly. Even in a single day it goes up or down $10,000 and I think, man if I just wait another day I could have 6 months of rent covered just like that.
My gut instinct tells me to consider myself lucky and just liquidate all of it and reinvest back into my safe and boring ETFs. But, on the other hand, I always see the advice repeated on here not to panic sell when people start talking about the bubble popping. So I'm not sure what to do.
What would you do in my position?
submitted by /u/digitalWizzzard
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