I have been reading this thread for a while. It's fascinating to keep up with. I primarily deal with illiquid large commercial real estate investments, so I am a bit of a fish out of water in here.
When I rolled over my 401k at age 24 to Fidelity since my employers 401k plan wasn't great. I had about 12k saved. I bought 2000 shares of FSELX at 5.84. I did some analysis at the time, but can't really remember. I believe I read a bunch and couldn't shake the idea that semiconductors are used in almost all electronics, so there would be consistent, long-term demand and continued growth. The current price is 10.09.
My question to you guys is, should I cash out and look to buy something else in the next 6 months at low prices?
I have a ROTH and a 401k that I am maxing in a different account, so I am almost view this as play money. I definitely can afford to lose it, but I am also interested in rational long term plays.
I am very liquid outside of this and am also contemplating opening an after tax account.
TIA