I finally managed to sell all of my Schwab (SCHW) shares yesterday after holding on for what felt like an eternity. It was a huge relief and a great reminder that patience and emotional discipline can really pay off in the long run. When I first started buying the stock, the price dropped significantly, and my portfolio went deep into the red. But instead of panicking or selling at a loss, I decided to stay the course and even bought more shares to lower my average cost. Fast forward to yesterday—Schwab released an excellent earnings report, and the stock rallied. I took the opportunity to sell and walked away with a solid profit. It was a reminder that while strategy and discipline are key, sometimes timing and luck play a role too. Yesterday was definitely a good day for me. On top of th
$NVIDIA Corp(NVDA)$ I reviewed the filings section for Nvidia on Tiger Brokers and decided against purchasing, partly based on what I saw there. Additionally, I won't consider buying Nvidia at any price above $50.
I will be watching the stock price of Nike today. Nike is renowned for its high quality shoes and sports equipment, which are widely popular and frequently used by people around the world. The brand has become synonymous with sports, thanks to its strong market presence and extensive glob network of stores. Nike's success can be attributed to several key factors. Firstly, the company consistently delivers innovative and high-performance products to that cater to the needs of athletes and fitness enthusiasts. Secondly, Nike's marketing strategies are exemplary. The brand's advertising campaigns are not only memorable but also resonates deeply with diverse audience. Campaigns sometimes have cultural touchstones, inspiring millions and solidifying Nike's position as a leader in the sports ind
Overall, my portfolio is down by around 3% in September. It has been a tough month with some volatility and challenges. Despite the setback, I remain hopeful that October will bring stronger performance and better momentum for the stocks I am holding. Fingers crossed for a positive shift in October! 🤞
I closed $New York Community(NYCB)$ ,I bought NYCB stock because I initially believed the price was favourable. However, after my purchase, the price dropped before rising again. I decided to sell it because I no longer believed the price was as good as I originally thought.
I opened $Grab Holdings(GRAB)$ ,I bought GRAB today because the price dropped significantly. Although the company missed its quarterly revenue estimates, I believe its earnings aren't too bad.
I opened $Liberty Media Series A(LSXMA)$ ,I purchased LSXMA because I believe it is currently undervalued and see this as an opportunity to buy in at a discount.
I opened $Starbucks(SBUX)$ ,I repurchased this stock after selling it previously because I wanted to see if I could make another quick profit as the price had dropped. My strategy was to trade on a short-term basis initially. If I couldn't secure a quick profit, I will then shift my focus to longer-term investment.
In November, my portfolio saw a positive return of 2.35%, marking another step forward in achieving my investment goals. My current holdings include a mix of assets: Occidental (OXY), Ready Capital Corp (RC), TLH and TLT. This combination of equities and bond ETFs reflects a balanced strategy in a way that keeps me optimistic about the months ahead. November's performance was a win and I am excited to keep building on this momentum as I refine and optimise my strategy for the future! [Cool]
$Tesla Motors(TSLA)$ I believe the market is overly optimistic about Tesla's current valuation. While Tesla is undoubtedly a leader in the EV industry with impressive technological advancements, I feel that its stock is overvalued relative to its current fundamentals. One of the key drivers of this optimism is the potential of the Robotaxi initiative, which, while intriguing, carries significant uncertainty in terms of technological feasibility and mass adoption. Given these unknowns and the high expectations already priced into the stock, I'm personally hesitant to invest at this time.
$NVIDIA Corp(NVDA)$ Whether Nvidia beats earnings or not, I am way too chicken to hit the 'buy' button. If they beat expectations, I will be the person still fumbling with my phone while the stock rockets to the moon. If they miss, I have no interest in playing the hero trying to catch a falling knife, especially when I am not planning to hold this tech titan long-term. And let's be honest, buying before earnings? That feels like betting on a coin flip with my life savings. Maybe I am just too good at being cautious. But for now, I will stick to watching from the sidelines with a bowl of popcorn.
I opened $Nike(NKE)$ ,I purchased NKE stock because its daily high was $75.04 yesterday and $75.34 the day before so buying at $72.55 seemed like a good opportunity for short-term trading.
$Intel(INTC)$ I am keen on investing in Intel as I believe it is a strong company with a promising future. However, I am holding off for now because the current price is a bit too high for my taste. I am hoping to see if dip to around $13 before I buy. Despite Intel's solid fundamentals, it is up against some tough competition so a more attractive entry point would make this investment even more compelling for me.
I opened $Kenvue Inc(KVUE)$ ,I purchased KVUE for short-term trading because the closing price yesterday was $18.80. While my primary intention is to trade it in the short term, I am comfortable holding onto KVUE if the price doesn't increase.
I opened $iShares 10-20 Year Treasury Bond ETF(TLH)$ ,I purchased TLH in anticipation of this week's upcoming US GDP data release and believe that TLH has strong potential for long-term price appreciation.
$Sea Ltd(SE)$ Based on the P/E ratio, I believe SE is currently overvalued. Additionally, the stock is trading near its 52-week high, significantly above its 52-week low. This significant disparity further reinforces my concern that the stock may be overpriced. Given these factors, I am opting not to invest at this time. The fear of missing out can be a powerful motivator but I prefer to avoid chasing a stock that appears to be inflated. The risks associated with buying at these levels, especially with the potential for a price correction, are too high for my investment strategy. I would rather wait for a more favourable entry point, where the stock's valuation better aligns with its fundamentals.
I opened $Occidental(OXY)$ ,I purchased OXY due to recent news highlighting concerns over escalating tensions in the Middle East, though I certainly hope the situation doesn't worsen.