These 3 Stocks Were My Biggest Losers in 2021. Here's Why I'm Still Holding These Laggards in 2022.
I always believe the stocks I buy will outperform the market, but I'm often wrong. For example, I had bullish reasons to buy shares of connected-fitness company Peloton Interactive (NASDAQ: PTON), mobile-gaming platform company Skillz (NYSE: SKLZ), and communications-platform-as-a-service (CPaaS) company Bandwidth (NASDAQ: BAND). But these have actually been horrid investments and my biggest losers in 2021.
Many investors believe I should just cut my losses. However, I'm optimistic these companies can overcome challenges and be winners with enough time. And in a worst-case scenario, I won't pay a high price for being wrong because of one simple portfolio-building trick -- I'll reveal the trick at the end.
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Source Fool.com
