Dan1192
03-10
Replying to @koolgal:Thanks!! Hope the same for you too!! πŸš€πŸš€πŸš€ To the moon we go//@koolgal:Thanks for sharing your valuable insights 😍😍😍. May you have a Winning and Successful Portfolio in March πŸš€πŸš€πŸš€πŸŒ›πŸŒ›πŸŒ›πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
@Dan1192：End of the day, it's your hard earned money and what you want to do with it. Hi, it's Dan again. When it comes to investing or trading, there's never a straightforward answer. I have looked several strategies as you call it, but fundamentally it boils down to a few main points and I have listed them below. * do not that these my own opinion for educational/entertainment purposes. Please carry out your own diligence when investing, always. 1. How much do you have to invest? When I say how much, it's all relative. Let's look at some examples: i. Students - assuming you are a student solely relying on allowances from your parents, you probably don't have alot to slush around, after attending to your basic and social needs. Say you have allocated about Usd 50 monthly for this, frankly speaking that's not really alot to have a meaningful impact. I would suggest going for fractional investing in reasonably good ETFs, $Vanguard S&P 500 ETF(VOO)$ or $Invesco QQQ Trust-ETF(QQQ)$ , just to name a few. ii. Mid careerists - you have worked hard, just got a good bonus. Thinking of putting some of the bonus and savings into investments. An amount that can probably generate some meaningful returns. I think a famous someone said the magic number is usd100k, once you have 100k in then that amount can generate some meaningful returns and scale up your base. In my opinion, if you just putting anything within usd 30k, just go all in. Stay fully focused on one counter. If you have more than that, perhaps you want to put a small portion for Long position and slowly build up that portfolio using value investment strategies. Once again I recommend fractional investing to do this, I myself to this. Of course there are more demographic subsets and I will be talking about them here. 2. What's your risk appetite? I summed this down to 2 questions to ask yours. After you invest that $X in, can you sleep at night? Can you eat well? If you are constantly preoccupied after investing that amount, then that position is too big for you. I would recommend you diversify or diversify more if you are already diversified. 3. How knowledgeable are you in the company and industry you are buying into? Indirectly I'm saying if you have insider information. Like Nancy Pelosi, the US senator who bought a big position into $NVIDIA Corp(NVDA)$ last 2023 because NVDA announced their big plans. We all know how much they went up. The lesser you know, the riskier it is. Then back to point 2, if you can swallow the risk, diversify. That's it. Just 3 points. Hope everyone have a good week ahead! March has been brutal for me, I hope I can at least breakeven by the end of March. MARCH ON!! @CaptainTiger @TigerGPT @TigerStars @Sayaka @ops22 @Daphew @Tiger_comments @TigerEvents @Sonsonkok @θ²‘ι‹εˆ°θ²‘ζΊζ»Ύζ»Ύεˆ° @koolgal @RichardWong $Tiger Brokers(TIGR)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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