# Reflecting on 2023 and setting new goals for 2024! Thus ye...

# Reflecting on 2023 and setting new goals for 2024!

Thus year as an investor, I have been focused on buying stock with value diring dips or that fit a growing demand. As a result of not buying into hype stock or Fomo investing, I have bought low, dollar cost average and taken profits throughout the year as seen fit. This year, even though it was challenging with the whole inflacionary agenda by the FED, it turned out to be a prosperous year for me. Much like most companies, I had to think outside the box to find opportunities. What I have found out is that there is opportunity in every market.

#Set your goals, hit the road!

The goal for next year will be to be in the lookout for opportunity and build on what has work this year, as 2024 is projecting to be on the up tick with opportunities and the markets setting new highs. Every position we buy into, we must have an exit strategy. Unless we are certain with conviction plays and are in it for the long haul and just plan to DCA during dip (setting alerts at desired price range). We must always learn from our mistakes and try to minimize the reoccurance by doing our homework on set plays. Much like when we clean out our refrigerator to stock it with new food, I plan to rebalace my portfolio and narrow down my overall scope to 10 -15 plays, besides ETFs and long-term conviction companies. It is good to have some experimental stock you are testing the water with, but limit the exposure to only 5-10%. I remember that as a new investor, I was jumping in risky stocks, new trends, and buying high and saling low. We must look at the fundamentals of the companies and get familiar with sector trends throughout the year. Taking investment notes that will help in future decisions is paramount to minimize risk and repeat decisions. I would like to gain more insight into making investment moves with "calls and puts" during this coming year. I look forward to reading more, gaining more insight to minimize risk. I wish everyone good luck this coming year and to exercise discipline.