Recap 2024

The most eye-opening moment in my investment and trading journey in 2024 was undoubtedly discovering the power and versatility of options. Options are like a Swiss Army knife, enabling investors to generate income, hedge risk, and enhance portfolio flexibility.

As a value investor, I learned to use cash secured puts to earn extra income while waiting for stock prices to reach my desired buy levels. I could also employ covered calls during sideways markets to enhance returns on my holdings. That being said, I also understand that options are highly leveraged instruments, and while they can offer significant potential, they must be used wisely! With countless option strategies to explore, I’m excited to continue honing my skills in this area to turbocharge my portfolio 🚀 🚀

Since I started investing through Moomoo in March, my portfolio has gained more than 30%.

I must say, Moomoo has exceeded my expectations with its user-friendly features and vibrant community. Kudos to @Moomoo MY being the first brokerage platform in Malaysia to offer options trading. It is the one app I will visit every single day!

One feature on Moomoo app I particularly appreciate is the historical average PE data, which provides valuable insights into company valuations. Example as below:

I would only like to buy fundamentally strong company within the reasonable historical average PE range with positive earning growth.  I will also use the average target prices from the analysts as additional reference on the valuation of the company. Example as below:

What I shared above is a quick and dirty way to have a gauge on the company's valuation. One could also use discounted cashflow or income method to more accurately derive the fair value of the company. The key is to not overpaying for a stock, no matter how strong the business is. As Warren Buffett wisely said, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

In summary, it has been a very rewarding journey. I am enjoying every moment, every win and loss to be a better investor. Here’s to an even better 2025!