This morning, I read an article summarizing the recent interview of the legendary investor Drunkenmiller, and one investment concept that I quite agree with is "Buy first, analyze later."
In the stock market, there are many good stocks and investments, but often when we discover a stock, the first thing we do is research its fundamentals. By the time you spend 1-2 months in-depth research, the stock has already taken off, and you will lament missing out on this company. It's a common occurrence for many fundamental investors to spend energy but not make much money.
I remember when I first started investing in US stocks, I adopted this buy first, analyze later approach. Putting skin into the game first gives you more motivation to research.
Most of the first batch of funds I use are allocated to 10-20% of the headquarters, ensuring that even if the stop-loss sell occurs, it will not cause catastrophic losses.
If the company's fundamentals are sound after research and the stock price continues to fall, continue to add positions. Anyway, I don't know how the stock price will trend, so if it rises, I will profit; if it falls, I can gradually add positions and reduce holdings, being able to attack and defend as needed.
Over the past year, I have also started to position myself on moomoo in this way, mainly to invest in US stocks for my daughter. I transfer a sum of money regularly every month, then slowly build the position, whether for her future education fund, for traveling and broadening her horizons, or if she wants to continue to research and analyze and buy her favorite stocks in the future, she can do whatever she wants when she grows up.
Daughter's portfolio YTD +2...