Painful August
We started recession fears at the start of August due to Japan (Bank of Japan) where we see market crash and trading platform suspended globally. I am grateful that my portfolio didn’t fall that badly (-4.4%). One strategy that I adopted as a long retail investor, I’ve started adding affordable value stocks in my portfolio over the pandemic lockdown. this helps cushion some pains for me.
I actually went shopping for “falling knives” and started 4 new positions in Nvidia, Amazon, and 2 ETFS. These are still holding well (in greens) for now though September is always a slow and painful trading month. I’ve been waiting for these to pullback before starting a position.
loading...
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
