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Investment Horizons: A Glimpse into My Portfolio’s Progress and Plans
By Fire By Fourty  •  June 29, 2023
June, traditionally a quiet month for the markets, held a different narrative this year. As a growth investor, the allure of rapidly expanding, innovative companies is hard to resist. Yet, the most valuable lesson I've learnt on this journey is the importance of patience - not to succumb to the Fear Of Missing Out (FOMO) and chase every fleeting opportunity. In this seemingly boisterous period, my actions remained uncharacteristically subdued. The only significant transaction I undertook was to apply Dollar-Cost Averaging (DCA) on Tesla stock and the SPY ETF, a strategy I've consistently adhered to since July 2022. As the years roll by, Tesla's prominence in my portfolio will likely grow, fueled by my continued investment through DCA. The reason behind this commitment is twofold: firstly, the company's business model and future prospects are ones I believe in and understand, allowing me to build stronger conviction in my investment. The vibrant community of Tesla investors and enthusiasts...
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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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