Thanks for all the great input from both of you Trader J and Sebastian. It is good to have your perspectives but nothing really helps when you are down 55% from ones all time highs. Those were good times.
I have been mainly in growth stocks and bitcoin. I was roughly 30% cash for years but started adding to my growth stock way too early after they all corrected 20-25% drops this year. Somethings I never seem to learn and my timing getting in and out of stocks has not been good over the years. Looking back, parking my money in an index fund may have been a much better option. :) This is and will be my suggestion to any new and young investor.
I still believe in the future of bitcoin and I still think better days are ahead. Inflation will be going lower (just my humble opinion) and growth stock should do much better when we see lower inflation and when Fed goes back to printing (they have to it is just a matter of timing).
1) Stocks I own are GOOG, SNOW, MSFT, TSLA, CRWD, WOLF, NOW, AMZN, TWLO, PLTR, SHOP, SQ, AND TLRY CALLS.
2) Moved a portion of my assets to a VIIIX index fund already
3) The other big holding in my accounts is Bitcoin (GBTC which has its own issues)
4) 10% cash
Question for both of you:
If you had $1M and you can only invested in one stock for the next five to ten years, what would it be. I am just trying to find out your strongest conviction stock if there is one.
Trader J - Also any update to your TLRY $5 leaps? I am now down roughly 90% on those calls and thinking of selling this week (before or after earnings on 10/7).
Thanks
Ozeir |
