I guess the war will be over soon not later than three months, by then, stock market should be rocket to the moon, it's golden opportunity to load heavily beaten down growth stocks from now on.
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if bought high, I will do cost averaging, especially for growth stocks, planning to hold on for few years, will re- assess in year 2025 or 2026, by then those growth stocks are expected to have positive return.
For long term investors, this could be the best times to load up heavily beaten growth stocks, I am planning to keep doing cost averaging for my growth stocks portfolio such as EV stock NIO and AI stock such as Palantir, I give myself 4 to 5 years, would be excited to see how these stocks perform in year 2026 or 2027, 🤞.
still prefer cost averaging strategy in this choppy market.
I applied DCA for growth stocks which make take at least 5 years to see the "Positive" results, therefore looking forward to see how the performance of those growth stocks I invested in 5 years time, should be "excited".
moo all the way to healthy and wealthy in year of "moo" tiger.
I am investing for long term with growth stocks, and adopt cost averaging method, therefore current losses are "paper loss" as long as I am still holding those growth stocks which I anticipated to be "positive" in 5 to 7 years. I invest 50% and save 50%, therefore, even after 5 to 7 years, my investments not doing really well, it's still ok for me with my savings. Peace of mind is priceless.
My first investment for 2022 was to average down Palantir, 2021 was "cruel" for growth stocks such as Palantir, looking forward to do so for my another 2 growth stocks, i.e NIO and Skillz, especially Skillz which dropped a lot. As a long term investor, looking forward to see how these 3 stocks perfoming in 5 years time to 2026/2027. Huat ah!