The question I ask myself when a deal goes south like this is: would I do it again? And the answer: probably so. I knew when I got into it that it was a hard-way bet and I was bucking the market ... and if things had worked out differently, I'd have cashed out nicely. As it stands, I have a ghost of a chance that it may recover later this year, and another tax write-off if it doesn't. Way it goes, sometimes.
On the bright side, if I played it safe and bought into an index fund, I'd probably be in the same shape, almost to the penny: the DOW, the S&P 500, and the NASDAQ composite are all down about 15% for the year - so what's the difference?
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