My Half-Year Recap by NiceOne
At the beginning of the 2024 I was thinking everything is overpriced. Boy, have I been never been more wrong! Ok... it looks like I have fallen asleep at the wheel. High interest rates have lulled me into thinking I'm doing fine but in reality I have been missing out significantly. The following chart says it all (my portfolio vs S&P 500).
![My Half-Year Recap by NiceOne](https://sgsnsimg.moomoo.com/sns_client_feed/102430368/20240628/1719590059460-random6135-102430368-android-org.png/big?area=104&is_public=true)
And here's what I've been doing with my cash... sitting idle in Cash Plus. 94.60% cash sleeping when I could have done more!
![My Half-Year Recap by NiceOne](https://sgsnsimg.moomoo.com/sns_client_feed/102430368/20240628/1719590063577-random7051-102430368-android-org.png/big?area=104&is_public=true)
Don't get me wrong. Cash Plus by Moomoo is a wonderful feature and I will continue to use it. The problem is I have become lazy and rely solely on it. My bad!
![My Half-Year Recap by NiceOne](https://sgsnsimg.moomoo.com/sns_client_feed/102430368/20240628/1719590064907-random7912-102430368-android-org.png/big?area=104&is_public=true)
To fix this is simple. Firstly I have taken two new positions in June and they are as follows.
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Next I will set up a couple of RSP for weekly auto-investments on a few of my favourite stocks. Moomoo has provided me with wonderful technologies to easily do that. It would be a travesty if I do not make full use of Moomoo's features. Remember investing is never about timing the market. Small but regular investments will beat the smart alec who tries to bottom fish.
Finally I must extend my gratitude to the Moomoo team. The Moomoo trading app is god-sent for any serious investor. Highly recommended!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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NiceOne OP : nice
Euler007 : It's really hard to not get caught up in the noise when you're trading, and I'm still trying to learn.