I have rebalanced my new US growth stock portfolio for the very first time.
I have not been in favour of social media stocks such as Facebook, Twitter and Netflix as I am always remembering the burst of dot com bubble in late 1990s. I am also not an avid user of social media, other than watching a lot of YouTube videos.
Upon seeing the share price of Twitter (NYSE:TWTR) go above $60, I placed a sell order of $60.51 on 9 Jun 2021 and got filled.
Today, I decided to nibble some shares of Taiwan Semiconductor Manufacturing Company (NYSE:TSMC) to initiate a first position in the world's largest semiconductor fountry which boasts Apple, Qualcomm, Nvidia, AMD and Intel as its customers. It will be a long term position as TSM dominates more than 90% of the market share in manufacturing <10nm advanced chip technology. I also believe in its immense 7nm...