My Weekly Top 5 Funds (19/5/2024) - almost doubling the ROI from 21/4/2024โs ๐๐ผโฆ
Initiation Date: October 2021
Strategy: Daily DCA $100/ day (exclude weekend), invest only in fund with proven annualized return of 5-6% pa, no commodities, gold, banks & properties, daily DCA on laggard first, then leaders and repeat the cycle, min: 23 funds, max: 30 funds.
DCA is stocks will cost you a lot of commission especially the amount is small like $100 per trade.
In fact platform like MooMoo is the best platform to buy funds because: 1. They have screen & chose the best funds for the platform; 2. And there is no entry cost for the fund.
Discern
:
Hi with techno stocks rising to all time high, how long do u advise to hold the techno fund n stocks? When is a good sign to sell? Am I right that for funds, one can redeem at anytime? Newbie here
102450082 : Are you talking about the top five in terms of performance?
Kaec : How long do you hold funds?
SuperNoobPaPa OP 102450082 : Hi, I show the top 5 performance and bottom 5 performance of all the funds I bought.
SuperNoobPaPa OP Kaec : Since October 2021 or roughly 2 years 8 months. I intend to hold it for a long time, unless I need a lot of liquidity.
I Am 102927471 :
ๆทกๅฎ็ๆ ็น่ซ็พ I Am 102927471 : Cute
I Am 102927471 ๆทกๅฎ็ๆ ็น่ซ็พ : Yeah cute sticker.
Vin K : Does dca daily add up in terms of fees? Why dca 100 per day instead of just 3000 per month?
SuperNoobPaPa OP Vin K : DCA in fund cost $0 commission.
DCA is stocks will cost you a lot of commission especially the amount is small like $100 per trade.
In fact platform like MooMoo is the best platform to buy funds because:
1. They have screen & chose the best funds for the platform;
2. And there is no entry cost for the fund.
Discern : Hi with techno stocks rising to all time high, how long do u advise to hold the techno fund n stocks? When is a good sign to sell? Am I right that for funds, one can redeem at anytime? Newbie here