My 1st quarter 2024 as an investor was Improving. New year new hope. I can said in the first 3 month of 2024, my profolio is getting better even though it is still in red [Facepalm] [Spurting]
I managed to cut off my loss more than I can expected which is good[Sly] most of them is breakeven.
My cash flow temporary is in 2%. 98% still in stock market. I will try to selloff more if possible. My idea cashflow will be 35% if can[LOL]
I had learn that better to cut loss in time rather than holding it. There are many stock in my profolio that is dropped until penny stock. Some even dropped over 75% such as $Lucid Group Inc(LCID)$ . Selling it and invest in another potential stock maybe can cover back the loss instead of waiting it to rise back to the price.
My investment plan for the remainder of the year is better to buy the stock that are more stable or good dividend payment which can hold for long term. Invest responsibility ( kind like drinking alcohol responsibility), manage your own risk tolerance and financial. If possible keep more cash ,wait and look out for better opportunities.
@TigerEvents @TigerWire @CaptainTiger @Tiger_chat @Tiger_comments @MillionaireTiger
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- coolguy001·04-01TOPYou're right, better to cut losses than to hold on and hope for the best.LikeReport