Focus on the business , not the stock price
I started to invest when i was a fresh graduate. It was probably not investing and more gambling. I would read the forum and scanned for stock tips. Needless to say, I lost quite a bit of money.
Stubborn as a mule, I did not learn my lessons and continue to buy companies such as $Hyflux(600.SG$ because of the yield or speculate in companies such as Noble.
An old friend enlighten me with his dividend investing method. I began to relearn investing.
I started to build a small portfolio of dividend and blue chips stocks such as $DBS Group Holdings(D05.SG$. The unexpected Covid hit the dividend but i held on and did not panic.
The entry of Moomoo in the market allows me to dip my toes into the US market.
I use a checklist to determine whether to invest in the company and i focus on growth companies. The list include:
Stubborn as a mule, I did not learn my lessons and continue to buy companies such as $Hyflux(600.SG$ because of the yield or speculate in companies such as Noble.
An old friend enlighten me with his dividend investing method. I began to relearn investing.
I started to build a small portfolio of dividend and blue chips stocks such as $DBS Group Holdings(D05.SG$. The unexpected Covid hit the dividend but i held on and did not panic.
The entry of Moomoo in the market allows me to dip my toes into the US market.
I use a checklist to determine whether to invest in the company and i focus on growth companies. The list include:
1. Financials
2. Businesss (Moat, Growth, Optionality, TAM etc)
3. Management
4. Risk( High valuation, customer concentration, political risk etc)
The list is not perfect but it gives me a good starting point. It also help me to build conviction and focus on the business.
I also reflected on my mistakes to learn from them. Some learning points include:
1. Let go of winners too early
2. Hold on to losers and lost the opportunity cost.
The journey does not end here. I am still constantlt reading and learning from the experts. My goal us is to achieve a portfolio that can fund my monthly expenses.
2. Businesss (Moat, Growth, Optionality, TAM etc)
3. Management
4. Risk( High valuation, customer concentration, political risk etc)
The list is not perfect but it gives me a good starting point. It also help me to build conviction and focus on the business.
I also reflected on my mistakes to learn from them. Some learning points include:
1. Let go of winners too early
2. Hold on to losers and lost the opportunity cost.
The journey does not end here. I am still constantlt reading and learning from the experts. My goal us is to achieve a portfolio that can fund my monthly expenses.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Tonyten88 : Do you remember the first stock you invested when you were a novice?
Panda2102OP : Chartered Semi con. It has since delisted
LogMyTrade : Will you share the portfolio of stocks that you are HODL now?
Panda2102OP : $DBS Group Holdings (D05.SG)$, $Keppel DC Reit (AJBU.SG)$ in the sg port.
$Apple (AAPL.US)$, $Pinterest (PINS.US)$ in the Us port.
102291790moo : Follow to learn
T Chu : I strongly agree with you. And many can appreciate your sharing. Just chip in a bit. I used to be just like u till I read n changed. Many admire buffet n I do follow a few of his wisdom words. From 2017, I start going for high sustainable dividend stock like STE, fraser ctr. I held them till Mar 2020. Sold them with good profit n 5-6% dividend yield. Always asked myself, if DBS to drop t0 $15 will I panicked? Will not, just hold for the dividend
Cheer
Panda2102OP T Chu: Indeed. And you would need to have strong conviction in the companies that you hold in order not to panic sell