Regrets?
There has been 2 stock/ETF that I bought high and has remained low til now; $Alibaba (BABA.US)$ and $ARK Innovation ETF (ARKK.US)$ they are both -50% down now for almost a year already. To be honest, I still have high hopes on Alibaba but I cannot gamble adding more positions or DCA because it has been very unpredictable. I bought ARK Etf because of hype, last year everyone was hyping about it so I decided to add positions—probably one of the worst decisions I made. I still keep them but I didn’t average down anymore especially with the current world crisis. I’d rather put my money on something I have high confidence no matter what. I am just hoping for better days when these stock/ETF will get revived.
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XiCP : ark etf is based on hype while baba has great fundamentals. you will be rewarded if you have the patience. china tech not for the faint hearted.
值符 : Alibaba is no longer just an e-commerce giant. His business scope is constantly expanding, so it's good that the ticket is stable.
TeamSayu : hope alibaba bring us to the moon in the future. haha
Myo Thu Htet : Baba has great fundamental ratios
J-Zil OP XiCP : I agree with you!
J-Zil OP Myo Thu Htet : I know right, I still have hope for BABA
J-Zil OP TeamSayu : Hoping