Buy great companies that has competitve advantages when they are at great value in a downturn. Look at their balance sheet, debt level, cashflow, growth rate, find out the intrinsic value through DCF, diversified your portfolio, size into your positions and do not go all in. In a market correction, risk manage if there is a need by rebalancing your portfolio, either take some profit and hold cash, re-enter into the position when there is a rebound, or invest into other great companies at a value. Key thing to note is that not all companies are suitable for dollar cost averaging as they may never recover. God bless.
2023 Mid-Year Recap
As we approach the halfway point in 2023, it is time to review our performance in the stock market. You will have a chance to win Tiger Coins, stock vouchers, commission-free trades, and Tiger gifts.
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