Skip to main content
No. of Recommendations: 0
I have some stocks that have done very poorly since I purchased them (to wit: CSCO, which is down 79% since I purchased it). I've hung on to them thinking I could recoup some of my losses over time.

However, I'm not so sure CSCO is going to recover anytime soon. With 10 years till retirement, what's the best thing to do? Do I 1) sell at its low and take the capital loss, buy something else, and hope to recover some of what I've lost -OR- 2) hang in there?

TIA for your thoughts, comments, and advice.

regards, redhed
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.