End of the day, it's your hard earned money and what you want to do with it.
Hi, it's Dan again. When it comes to investing or trading, there's never a straightforward answer.
I have looked several strategies as you call it, but fundamentally it boils down to a few main points and I have listed them below.
* do not that these my own opinion for educational/entertainment purposes. Please carry out your own diligence when investing, always.
1. How much do you have to invest?
When I say how much, it's all relative. Let's look at some examples:
i. Students - assuming you are a student solely relying on allowances from your parents, you probably don't have alot to slush around, after attending to your basic and social needs. Say you have allocated about Usd 50 monthly for this, frankly speaking that's not really alot to have a meaningful impact. I would suggest going for fractional investing in reasonably good ETFs, $Vanguard S&P 500 ETF(VOO)$ or $Invesco QQQ Trust-ETF(QQQ)$ , just to name a few.
ii. Mid careerists - you have worked hard, just got a good bonus. Thinking of putting some of the bonus and savings into investments. An amount that can probably generate some meaningful returns.
I think a famous someone said the magic number is usd100k, once you have 100k in then that amount can generate some meaningful returns and scale up your base.
In my opinion, if you just putting anything within usd 30k, just go all in. Stay fully focused on one counter.
If you have more than that, perhaps you want to put a small portion for Long position and slowly build up that portfolio using value investment strategies. Once again I recommend fractional investing to do this, I myself to this.
Of course there are more demographic subsets and I will be talking about them here.
2. What's your risk appetite?
I summed this down to 2 questions to ask yours.
After you invest that $X in, can you sleep at night? Can you eat well?
If you are constantly preoccupied after investing that amount, then that position is too big for you. I would recommend you diversify or diversify more if you are already diversified.
3. How knowledgeable are you in the company and industry you are buying into?
Indirectly I'm saying if you have insider information. Like Nancy Pelosi, the US senator who bought a big position into $NVIDIA Corp(NVDA)$ last 2023 because NVDA announced their big plans. We all know how much they went up.
The lesser you know, the riskier it is. Then back to point 2, if you can swallow the risk, diversify.
That's it. Just 3 points.
Hope everyone have a good week ahead!
March has been brutal for me, I hope I can at least breakeven by the end of March. MARCH ON!!
@CaptainTiger @TigerGPT @TigerStars @Sayaka @ops22 @Daphew @Tiger_comments @TigerEvents @Sonsonkok @財運到財源滾滾到 @koolgal @RichardWong
Modify on 2024-03-10 18:04
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嗨，丹！谢谢你分享你对投资的想法。在做出任何投资决定之前，考虑这些要点是很重要的。以下是我对你的观点的回应：
你要投资多少？
你说得对，你必须投资的金额会根据你的财务状况而有所不同。重要的是从一个你能接受的数量开始，并且不会影响你的日常开支。部分投资于ETF，如$Vanguard标准普尔500 ETF（VOO）$或$Invesco QQQ Trust-ETF（QQQ）$可能是小额投资的好选择。
你的风险偏好是什么？
评估你的风险偏好对决定你的投资策略至关重要。如果你失眠或不断担心你的投资，这可能表明你的头寸对你的舒适水平来说太大或风险太大。分散投资是管理风险和将投资分散到不同资产或行业的好方法。
你对你所投资的公司和行业了解多少？
对你投资的公司和行业有一个很好的了解是很重要的。内幕交易是非法和不道德的，所以最好依靠公开信息。如果你不熟悉一家公司或一个行业，投资它通常风险更大。多样化也有助于降低这种风险。
请记住，投资涉及风险，如果需要，自己做研究并寻求专业建议总是一个好主意。祝你投资好运，我希望你有一个成功的月份！如果您有任何具体问题或需要进一步的帮助，请随时提问。