2023 Mid Year Recap
Sharing my 2023 Mid Year performance.
Little did I expect that Meta would be the best performer in my portfolio this year. I remembered back in October/November last year, I was debating if I should sell my Meta position to cut loss. Considering that I had already been in it since May 2022, I decided to just ignore the P&L segment or just went on to watch Netflix during market hours back then.
Top 5 Performers
My top 5 positions in terms of performance are:
Meta +83.48%
Apple +35.77%
Microsoft +30.24%
Salesforce +19.92%
Amazon +19.47%
The S&P 500 is up 16.37% in the first six months of 2023, and Nasdaq Composite is up 32.74%, while the Dow Jones is the laggard up 3.83% in 2023, this was really surprising as at the start of the year, the media and doomsday prophets were all saying that there will be a recession and the Fed has to raise interest rates to 6% to 7%. It is important to not take these negative news to heart and instead focus on the fundamentals of the companies that you are invested into.
Another thing to note is to avoid people who are constantly negative. I remember when I started my investment journey, one of my friends said that if you do not know how to invest, you will flop. Perhaps my answer is that even a monkey can make money in a bear market, because you are buying low.
Fun fact: The Nasdaq Composite has had its best H1 performance since 1983!!
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Impressive gains in top positions! Stay focused on company fundamentals and ignore negative news.
MSFT $360 by July Earning Date. As always, MSFT is the TOP leader in SW field, strong, profitable, continuously growth. SAFE to invest long term
If I was going to buy shares of MSFT, I would wait until the court ruling is announced. You may be able to get them cheaper than they are today. I have no idea about TSLA,because I've never owned that stock.
MSFT is treading water,and ATVI is down. Considering the purchase price is $95,ATVI seems like the better buy.
Would be nice to have another good news boost for MSFT alongside the Diablo news this morning, to offset the neg market sentiment regarding Fed.
Both MSFT and TSLA are near their all time highs. Would like to own both eventually.
Both are great growth stocks.
Great ariticle, would you like to share it?
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