November and December Investments (2022)

JinHan
2022-12-17
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It's been a tough period for investors this year. One moment we thought June was the bottom, the next moment September/ October hits. Just as when we thought the worse is over (when November CPI came in lower than expected and the Fed decided to slow the rate of hike), markets still continue to tumble. 

For the month of November and December, I have been adding more of $Alphabet(GOOGL)$ $Apple(AAPL)$ $Tesla Motors(TSLA)$ AMAZON, VOO, QQQ. 

The most painful investments so far would be Tesla as I have bought even more at $185, $180, $175, $170, $160, $155. Yet, the share price is still dropping. My avaerage price is still relatively high at $220 but I am not too worried about it. 

As a long term investor, we have to always focus on fundamentals. Key questions to ask would be: 

1) Is the company still making money and growing?If yes, nothing to worry about.

2) Is there any major change to the services/ products offered and if the change is for good or worse? If change is for good and helping the company togrow and make more money, nothing to worry about.

3) Is there any fraud or legal issues that the company is facing? If there are no serious issues, nothingto worry about.

We should look far ahead, 5-10 years down. Most money were made during bear market. Whenever market crashes, we should take this opportunity to add on more quality names. Remember, time in market beats timing the market. Keep calm and stay invested!

Please like and share your views! 

@MillionaireTiger @TigerStars @CaptainTiger @Tiger_chat 

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Comments

  • GREEDisGOOD
    2022-12-17
    GREEDisGOOD
    Win 40 Tiger-coins
    thanks for sharing
    • JinHan:Ā 
      You are most welcome!
  • SR050321
    2022-12-17
    SR050321
    Win 40 Tiger-coins
    So you changed yr photo profile rite ? šŸ˜ i go long too, but i dont really invest in US, just maybe 25% of my portfolio, this year is my 2nd year in investment, will continue to look for good co at a discount, may add US stock if dip alot, wish the best to all of us šŸ‘
    • JinHanReplySR050321:Ā 
      Too kind! Thank you!
    • SR050321ReplyJinHan:Ā 
      Lovely šŸ˜
    • JinHan:Ā 
      Yes i did! US market has proven over the years that it will come through stronger after every crisis. Best of luck to us!
  • MadAndy
    2022-12-19
    MadAndy
    Win 40 Tiger-coins
    the TSLA thesis hasn't changed in recent months - they're still a good company with great growth prospects over the long term. The trouble is that all this and more has already been priced into the stock.  Over the very long term your purchases may be justified, but I think there are better deals to be had in this market. Don't forget to look for them!
    • JinHan:Ā 
      Thank you for sharing your thoughts! Agree with some of the points above! Healthcare sector looks pretty good as a defensive play. $Health Sector(XLV)$ might be worth looking into!
  • Ystar
    2022-12-20
    Ystar
    Win 40 Tiger-coins
    Thanks for sharing
    • JinHan:Ā 
      You are most welcome!
  • Mccheery
    2022-12-20
    Mccheery
    Win 40 Tiger-coins
    Thanks for sharing!
    • JinHan:Ā 
      You are most welcome!
  • Yuukiinos
    2022-12-17
    Yuukiinos
    thanks for info
    • JinHan:Ā 
      You are most welcome!
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