If my money doubles?
What I will choose to do would depends on what is the source of doubling. If the doubling is from increased value of my investment, then it is paper gain unless I sell them. So, would depends on what the stocks are and if I'm still believing in the long term potential ofthe stocks. I may choose to rebalance my exposure or even choose to sell to lock in the gains. I did that recently with $TENCENT(00700)$ .. I still believe in it but the price has been volatile based on macro news such as relaxing of regulations, China re-opening etc.I would then buy them back when price has reached my target price.
If the source of doubling is from other sources (which besides a gift, I can't think of anything else), then I would prefer to invest them. It would make sense for anyone with loans to clear them off if the interest rates are high but this doesn't apply to me as I do not have any loans. I would set aside some money for my upcoming travel and treat my family. As for the rest, slowly DCA into good stocksand buy some stocks such as $TENCENT(00700)$ with the current beaten price.
As always, I will count my blessings and planwisely!
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- LuckyPiggie·2023-04-15TOPcan introduce me to your friend whom give your the Gifts ? I hope he/she can double my asset value. [Cool] [Sly]1Report
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