In 2023, my investment performance was a rollercoaster ride, but I managed to recover my losses and turn a profit. Here's a brief overview:

- Rate of return: After a 30% loss in 2022, I successfully recovered and earned enough profits in 2023 to offset my losses. My rate of return for the year stands at around 34%.

- Top gains: Investments in NVDA, TSLA, MSFT, and REITs performed exceptionally well. NVDA benefited from market demand, TSLA saw continued growth in the electric vehicle sector, MSFT thrived due to its strong product portfolio, and REITs delivered steady income and capital appreciation.

- Top losses: Although my overall performance was positive, I did face some losses. BOA struggled due to industry challenges and market conditions.

Now, let's discuss the formula that contributed to my success in the stock market in 2023:

1. Dollar-cost averaging (DCA): Despite the initial 30% loss in 2022, I employed a DCA strategy. This involved regularly investing a fixed amount, regardless of market conditions. By buying more shares during the down trend, I was able to lower my average cost per share and take advantage of the eventual market recovery.

Lessons learned from experience:

1. Patience and long-term perspective: I learned the importance of staying calm during market downturns and maintaining a long-term investment horizon. Trying to time the market can be challenging, so focusing on the overall trajectory is crucial.

2. Diversification: Spreading investments across different sectors and companies helped mitigate risks and capture potential gains. Diversification played a key role in my recovery and overall profitability.

Challenges faced and how I overcame them:

1. Emotional discipline: Overcoming emotional impulses and avoiding impulsive decisions during market volatility was a challenge. I learned to stay focused on my investment strategy and avoid knee-jerk reactions based on short-term fluctuations.

2. Continuous research and analysis: Keeping up with market trends, industry news, and conducting thorough research on potential investments proved challenging but essential. I devoted time to stay informed and made informed decisions based on reliable information.

Predictions and investment plans for the second half of 2023:

1. Artificial Intelligence (AI): AI continues to be a rapidly emerging trend across various industries. It encompasses advancements in machine learning, automation, natural language processing, and computer vision, with applications in areas like healthcare, finance, autonomous vehicles, and customer service.

2. Sustainability and Renewable Energy: With increasing awareness of climate change and environmental concerns, sustainability has become a prominent trend. The focus is on adopting renewable energy sources, reducing carbon emissions, and implementing eco-friendly practices across industries.

3. Digital Transformation: The ongoing digital transformation journey has gained momentum across sectors. This trend involves adopting technologies like cloud computing, Internet of Things (IoT), big data analytics, and blockchain to improve operational efficiency, enhance customer experiences, and drive innovation.

END DAY NEVER BET AGAINST TECH. TECH IS WHAT GAVE THE WORLD CONNECTIVITY AND CONVENIENCE. HUMANS WILL ALWAYS BE CRAVING FOR THINGS THAT MAKES OUR LIVES EASIER.

But should also be diversified, I kindda know I'm overweighted in the tech sector, but my time horizon is 20 years so all's good with the high risk for me. 

Also some sweet info for y'all that read till the end, lawrence wong has met with William the CEO of NIO and NIO cars would be coming to SG SOON. Not sure when but my client knows the CEO of NIO and they are super keen to expand in SG. SO EXCITEDDD. NIO's app is amazing and it just beats Tesla hands down. 

Remember, investing always carries risks, and it's important to make decisions based on your financial goals, risk tolerance, and thorough analysis of market conditions.

@特斯拉TESLA @koolgal @TigerEvents @Jo Tan @LMSunshine @nerdbull1669 

$Apple(AAPL)$ $NVIDIA Corp(NVDA)$ $Microsoft(MSFT)$