I think I know the answer to this, but I want to see what others say.
I own a lot of META stock. It comprises about 70% of my net worth. So far it has worked out really well, as I've held through all the big drops and it's currently near ATH. Is it foolish to continue holding? Would I be wiser to move most of it to an ETF like Vanguard's VGT?
FOMO is what has kept me invested in the stock, as I believe it will continue to climb, but as anyone who owns this stock knows, it is also subject to extreme volatility.
Is anyone else in a similar predicament?
Quick update: I decided to sell most of my positions in META on Friday. Down 4.5% today so I’m feeling fine about it. Will probably diversify from here.