@Porwest 28 August 2021 more from that month

Holding onto a loser in the stock market can be a difficult decision, but sometimes it is still the best decision depending on what your due diligence is telling you. It is a decision, in other words, that is never made blindly. Even though an investment is often times still a guess of sorts—it is at least an EDUCATED one. One based on data and findings that are derived from proper analysis. I have one such dividend stock in my portfolio that I continue to hold. It is a REIT. Ticker symbol SVC. It basically holds a portfolio of real estate in the hospitality sector. A sector hard hit, of course, by Covid, travel restrictions, and decisions people have made due to Covid to not travel as much. My total investment in the REIT was $9,949.45 and as of the close of business Friday it is only worth $3,780.12—an unrealized loss of $6,169.33 or -61.01%. What makes it worse is that they slashed the dividend bigly. Whereas before it was a monthly payer of about 8%, it's now down to a payout of 1 cent per share on a quarterly basis. Ouch. But I DO believe that the hospitality sector will come back, albeit it will take some time. In the meantime I continue to hold it for that reason, and based on other trends or things I see in that sector going forward. Several times I have considered to average my position's cost basis down, but so far I have not done that—always waiting for a bottom, which for this position I think it has finally reached that. In the investment world this is commonly referred to as a "support level." The key takeaway here is that whenever you invest in anything, whether you hold or buy more or sell it all needs to be a decision that is made with some basis for whatever decision you make. You don't necessarily sell just because something has dropped—or even gone massively up. Every decision you make about what to do should come entirely from what your due diligence suggests is the best course of action in any situation.