So far my rate of return is about 20%. My 4 best performing stocks are Tesla, AMD, Affirm and KULR; the 4 worst are Lemonade, Sundial Growers, NIO and Tiger Broker.So what I have learnt for the past year, don't chase stocks that have fly and never ever chase meme stocks. Do your due diligence and invest in the companies that have good business model and have excellent leadership in the management. There are many chinese stocks which should be doing much better but somehow they just seem stuck. Diversify a bit more into traditional and dividend stocks as growth stocks are really volatile and fragile in time of facing with rising interest fear. Lastly I would like to start learning how to trade options which will equip me with another investment and hedging method to my armoury.So
People who are interested in investing in companies that are in the EV and clean energy sector. Do read up on this company KULR Technology. $KULR Technology Group, Inc.(KULR)$They are in the battery and thermal management technologies which count NASA as their client. Bought their shares at about $1.30 and has been rising steadily over the past 12 mths. This is more for the long term play, not your pump and dump type of shares. Do your due diligence. Cheers.
$NIO Inc.(NIO)$NIO is one of my favourite EV brand. Nice and sleek design, interesting technology and using battery swaps instead of charging point, have started delivering cars to customers and even expansion to Europe. However with all these factors, the stock remains quite consistent at 30s to 40s since the height of 60s during last year Nio Day, which is pretty puzzling. With NIO Day coming soon in Dec, will we see a similar scenario like last year again where it peaks again and dip to its consistent level. NIO holders, what's your views on the short term and long term of this stock? HODL or sell when it peaks?
Black Friday saw the market in red and most stocks were on discount. Is it really on sales or is it due to the Omicron news that surfaced yesterday? Well I guess we can only tell more when the market opens on Cyber Monday.Let's say yesterday red was due to the new covid variant, will we see a repeat of what happened to the stocks during last year situation where stocks like Zoom and Peloton fly high and traditional travel and airline related stock plunge real deep down the graph. Below are some stocks reaction to the news yesterday. BOOM$Zoom(ZM)$It was on a steady decline as the covid situation took a turn for the better until news of new variant came out yesterday and pull it up. Fear of shutdowns and more Zoom meetings at home maybe? Vacci
What do you look out for before you invest in a company?
Everyone have their own strategies or habits when it come to investing in a company stock. Some will go through all the accounting books, data and statistics, some go by gut feeling and some just follow the crowds - what a lot of people buy, they buy too.For me, I see the business nature the company is in, is it one with growth opportunities and is it one with innovation. Most importantly who are in the management team. When I just started investing, I was a headless chicken, just following crowds to buy stocks as mentioned and most of the time end up holding bags. After paying tuition fee, I start to do my own homework before I invest. The first company I invested in after doing my due diligence is $Affirm Holdings, Inc.(AFRM)$. Bought it