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Falling Blindly in Love with your Stock

@Jo Tan
You may know that I've been accumulating $Grab Holdings(GRAB)$ and in my earlier articles, I raved about it's potential and how much it would was part of many people's lives. stock. Yet, despite that, I questioned myself on whether I was falling in love with a stock without doing my own studies. While I was convinced that I had an edge over other investors because I used Grab often, it may not mean that it's a good company, with good fundamentals and more importantly earning a profit. I continued to think about it's possible growth and moat. While Grab as a superapp has no competitor, it's individual functions are easily substituted. In addition, it may not be as widely used if it does not offer any more discounts. Humans are fickle and these days, loyalty to a company rarely exists. What we often look out for are services which are the cheapest and the best. Does Grab really fulfil these criterias? I am in a bus now, having seen the surcharge which Grab was charging (I was unwilling to pay so much to save time). I then realized that as much as I often used Grab, I think it's also important for me to analyse it's business fundamentals. I should not "fall in love with what I know" and anyalse the stock objectively. I do have a few areas of concern: 1. The reason for the drop in price may not be easily discernable as the stock may drop due to market conditions and not the company. 2. I am also thinking whether it is better to stay away from individual stocks and concentrate on ETFs $SPDR S&P 500 ETF Trust(SPY)$. 3. Whether I should still continue to DCA while the price is low. For now, while I ponder these options, I will cease accumulating until the earnings report comes out tomorrow. What are your thoughts? @TigerStars@CaptainTiger@TigerEvents
Falling Blindly in Love with your Stock

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