This year, my stock investment strategy has yielded a satisfactory performance overall, with a net profit across my portfolio. I have engaged in trading multiple bank stocks, specifically NYCB, FFWM, VLY, TBNK and CFFN. In addition to these financial sector investments, I have diversified by trading other stocks such as VTRS, ZIM and LSXMA.
One of the key components of my portfolio is the TLT etf. Unlike many stocks that I traded on a short-term basis, I intend to hold TLT for the long term. My confidence in the TLT etf is based on an expectation that its price will continue to increase, reflecting favourable conditions in the bond market.
While most of my trades have been successful, my investment in VLY has underperformed this year. Despite its current poor performance, I am optimistic about its future prospects and believe that it will appreciate over the long term.
Looking ahead, my investment strategy includes seeking undervalued stocks that offer attractive dividends. I believe that such stocks not only provide immediate income through dividends but also have the potential for significant capital appreciation as their true value is recognised by the market.
Comments
Yeah cause it’s been a great year so far…