To The Moon

We often hear the advice of "don't put your eggs in one basket" to diversify your portfolio, but very few really offer us strategies on how to diversify. This question may baffle many investors. Let’s talk about how to use $10000 to build our portfolio. 40%: use $4K to buy $(SPY)$ 50%-60%: use $5K-6K to buy three types of stocks: (1) 10%-15%: banks and travel (2) 25%-30%: high-tech stocks (FAAMNG) (3) 10%-15%pharmaceutical stocks The reasons are as follows. Ⅰ We chose $SPDR S&P 500 ETF Trust(SPY)$ because it tracks the S&P 500 index, which means represents the industries and companies&

China stocks had a bad 2021. Just as investors thought that things should get better in 2022, China stock market plunged even more. The China stock market keeps getting cheaper, especially the tech ones. Let's look at some statistics to see how cheap China stocks are. The Hang Seng Tech index was launched on 27 Jul 2020 and has dropped 50% since that day. Bloomberg reported that the KraneShares CSI China Internet ETF has wiped out all the gains in the 9 years since its inception. The total market cap of the component stocks in the Hang Seng Tech Index is US$1,067 billion. Amazon has a market cap of US$1,538 billion. This means that Amazon is larger than 30 stocks that include Alibaba, Tencent, Xiaomi, Meituan and JD.com, with another $471 billion to spare to match the combined market cap o