Instead of putting my money into the S&P500, I've decided to do stock picking, thinking that I can do better. I did not buy heavily into $NVIDIA Corp(NVDA)$ as I thought it was overpriced. I bought into laggards like $Hershey(HSY)$ , $Paycom(PAYC)$ , $Estee Lauder(EL)$ , $Nike(NKE)$ instead, thinking that they will recover and turn around soon.
Not to mention I have part of my portfolio in Singapore REITs, which is yet to see signs of recovery. The only good thing is that they pay decent dividends so I've been putting these dividends back into the market to buy more stocks.
One positive is that I managed to make some money by selling put options. It's been a decent move in the current bullish environment.
I can only hope that the second half of the year will see better recovery for my lagging stocks
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.
- DIAMOND009·07-05Good luck! [Bless] Recovery is possible! [Like]LikeReport
- CuritisCissie·07-05Nice strategyLikeReport