Regrets?
There has been 2 stock/ETF that I bought high and has remained low til now; $Alibaba(BABA.US$ and $ARK Innovation ETF(ARKK.US$ ![]()
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they are both -50% down now for almost a year already. To be honest, I still have high hopes on Alibaba but I cannot gamble adding more positions or DCA because it has been very unpredictable. ![]()
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I bought ARK Etf because of hype, last year everyone was hyping about it so I decided to add positions—probably one of the worst decisions I made. ![]()
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I still keep them but I didn’t average down anymore especially with the current world crisis. I’d rather put my money on something I have high confidence no matter what. I am just hoping for better days when these stock/ETF will get revived. ![]()
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XiCP : ark etf is based on hype while baba has great fundamentals. you will be rewarded if you have the patience. china tech not for the faint hearted.
值符 : Alibaba is no longer just an e-commerce giant. His business scope is constantly expanding, so it's good that the ticket is stable.
TeamSayu : hope alibaba bring us to the moon in the future. haha
Myo Thu Htet : Baba has great fundamental ratios
J-ZilOP XiCP: I agree with you!
J-ZilOP Myo Thu Htet: I know right, I still have hope for BABA
J-ZilOP TeamSayu: Hoping
