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I have money in both SMH and SMHX and down 17% and 22%. Is this something to buy and hold long term or do I really need to get out?
↗ https://reddit.com/r/investing/comments/1joxcta/i_have_money_in_both_smh_and_smhx_and_down_17_and/
This is in my Roth IRA where I put my riskier plays. It's compiled of 3/4 SMH, SMHX, XLK, QQQM, FBTC and 1/4 VTI.
I like the semiconductor industry but feel I'm too focused on one sector. Is it too late to get out of these and can I generally expect them to recover and ride it out, or should I cut my losses and diversify? Ideally I have 15 years until early retirement.