Investments #16/364
Deposited another $200. Unfortunately, Alibaba (BABA) did not rocket as I expected after publication of Q3 2023 results, though it did not go down. If you look at Revenue and Free Cash Flows which generate META and BABA, you can see that these values approximate each other. At the same time, share price of META is around $470, whereas share price of BABA is only $73.
I do this project (364 investments) to prove myself that I can follow the decision that I’ve made and not get off the track. I want to prove to myself and maybe to others that consistent investments of small amounts + common sense investing can accumulate quite a sizeable amount at the end of the period. Time flies very fast and it is already 16th investment out of 364 installments. If I complete this project as I plan, at the end I will have $100,000 which is worth spending 30 min a week to make a deposit and find a stock to invest in.
I do this project (364 investments) to prove myself that I can follow the decision that I’ve made and not get off the track. I want to prove to myself and maybe to others that consistent investments of small amounts + common sense investing can accumulate quite a sizeable amount at the end of the period. Time flies very fast and it is already 16th investment out of 364 installments. If I complete this project as I plan, at the end I will have $100,000 which is worth spending 30 min a week to make a deposit and find a stock to invest in.
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Common sense investor. I invest in companies which can give return of 15% on my investment + FCF to double my investment
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102640653 : Good knowledge
MonkeyGee : thanks for sharing
102903675 : It could be META will eventually get to where BABA is right now just not yet.