Rep
2021-07-20

Obviously lost money all the way for the entire 1st half of 2021. Underperformed the index. Started out with ARK funds and other speculative positions at their peak in Feb before sector rotation and bond yield fears. That was quite a trial of fire for a newbie for me. I held most of my promising speculative plays throughout and intend to continue to do so.

My most disappointing (realised losses) plays are $SOS Limited(SOS)$ and  $Revolution Acceleration Acquisition Corp(RAAC)$. Bought it to the hype, did not do my own due diligience and entered blindly. Its an enlightening lesson for me. Better to lose some money now then to lose much much more in future. 

Even though my portfolio has never breakeven since FFeb (with significant but insufficient retracement before dropping again), I still believe in technology and innovation. Im in for the long run. There will always be ups and downs. Invest in the future. To better 2nd half ahead!

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Comments

  • pakthedude
    2021-07-20
    pakthedude
    be hopeful and never trade with borrowed money
  • GCL08
    2021-07-30
    GCL08
    Stay strong especially when there is fear in the market ?
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