NVDA
NVIDIA
-- 144.470 TSLA
Tesla
-- 410.440 CRNC
Cerence
-- 19.330 RGTI
Rigetti Computing
-- 19.0200 MSTR
MicroStrategy
-- 339.660 
Trading defensively in CA
People hold different opinions towards the new year perspective. One thing people share in common is the notion of "uncertainty", especially uncertainty on tariff, on high valuation of stocks, on inflation and on economy.
In periods of uncertainty, it is crutial to have defensive positions. No defense, no offense. After we set up defensive postions, we know we will do good even if something bad haapens. With the defensive position set, we are in a good shape to find some good opportunities in growth stocks.
One of the defensive strategies is buying some precious metal, including gold $ISHARES GOLD BULLION ETF UNITS NON HEDGED (CGL.C.CA)$ , silver $ISHARES SILVER BULLION FD NON-HEDGED UNIT (SVR.C.CA)$ and platinum $Franco-Nevada Corp (FNV.CA)$ $Wheaton Precious Metals Corp (WPM.CA)$ . The previous metal has low correlation with other assets and holds its value in major downside events.
Another defensive strategy is to diversify the asset investment globally. The political turmoil and the high energy price problem in Europe will eventually be settled and the investment opportunities in EU are worth attention $VANGUARD FTSE CANADA INDEX ETF DEVELOPED EUROPE ALL CAP ID (VE.CA)$. With the new stimulus measures by the Chinese government, $iShares Core Hang Seng Index ETF (03115.HK)$ is also a handy tool in terms of diversifying globally.
Finally, the bond market is complementary to the stock market in some senses. My strategy is the combination of CA GOV bond $ISHARES CORE CDN UNIVERSE BD ID ETF TRUST UNIT (XBB.CA)$ , long-term US bond $ISHARES 20 PLUS YR US TREAS BD INDE UNIT (XTLH.CA)$ and some high-yield bond $ISHARES US HIGH YIELD BD INDEX ETF UNIT (XHY.CA)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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