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Portfolio Update (Dec)
By Fire By Fourty  •  December 31, 2021
I have finally come to the last post for the year. Although my portfolio didn't end too well, I have learned many valuable lessons in investing. I spent the last few months listening to podcasts on investing, and Tesla, and gained priceless insight on how successful people invests- by (1) having a concentrated portfolio (2) doing a deep dive research on companies to build that conviction.  As I have mentioned in my previous blog post, I will gradually be reducing my stock count to 20, or even 15 if possible. At this juncture, growth stocks has entered into an oversold territory and it is not really the right time to divest for the sake of reducing my stock count. But I am pretty sure there will be a time when these stocks will regain their glory and market presents an opportunity for me to divest them. Even if they don't...
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By Fire By Fourty
Join me on the journey to FIRE by 40! I share insights on investing, smart money habits, and achieving financial independence. Let's reach our goals together!
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