u/No-Artichoke-1097

Newish about dividend reinvesting

Please correct me where I'm doing this wrong. Have a relatively modest portfolio with wealthsimple. Roughly 45% in xeqt, 45% in zwc, the remaining in msty which was a mistake as it is down 60%. I'm way up everywhere else, but I've lost $5K on msty, but I'm clear that I should just ride it out. It still pays monthly dividends, albeit small.

Question 1: should I cut my losses and sell?

Question 2: if I keep it, and the dividends keep coming, is there a way to not reinvest them back into msty? Could I redirect them to xeqt?

I am a year into investing, and have no one in my real life that I can ask.

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u/No-Artichoke-1097 — 2 days ago