I started investing S$20,000 in 2021 to enter the US market ...
I started investing S$20,000 in 2021 to enter the US market at a small cost, then I lost 2/3 of my principal as expected, then I was discouraged, then it wasn't a good time to enter the Hong Kong market and add a small portion to the US market, where it fell and climbed up where hahaha, a year has passed, and until July of this year, I still get a bit of gain. I only read expert advice once in a while but don't follow the trend to buy any stocks. This is a lesson from my blood. I only choose big companies with basic fundamentals, such as $TRACKER FUND OF HONG KONG(02800.HK$ $ICBC(01398.HK$ $TENCENT(00700.HK$ $Ping An Insurance(601318.SH$ These are all heavy holdings in the US market, that is $Tesla(TSLA.US$ $Amazon(AMZN.US$ $Alphabet-A(GOOGL.US$ There's also the one I already have $Rivian Automotive(RIVN.US$ (This is a follow trend) There are losses and profits, but I personally think I don't pay much attention to finance, so based on the lessons of these years, I will choose large company stocks with higher dividends and then set a profit target and then sell when I get to the profit target, and when I get to the profit target, choose high interest, that is, if the stock goes down, at least interest is earned, but it is better than losing money. According to this mentality, the US market not only earned back lost new coins, but also earned more than 200,000 dollars according to the current market value, Hong Kong's market value increased by more than 200,000 US dollars according to the current market value Not including the dividends received, I didn't earn much, at least I didn't lose money
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Mantou : Me too
ping429 : Thank you for sharing
sTone83 : Being able to honestly share with others means that you are a person who is also honest with yourself. Being honest with yourself is the basic condition for success in the stock market
73407951 sTone83: Don't follow suit blindly, otherwise it's easy to lose money
YC Xiao : Those who bought in 2021/2022 the blue chips like Cnooc, China Telecom, Unicom, Air China, Sinopharm etc, increased by 50 to 70 % when peaked this year, laughing to the bank if sold some of it.
103068318OP sTone83: Actually, I just want everyone to know that stocks are actually also an investment act that must be profitable or loss-making if everyone makes money they will be misled into thinking that it's easy to make money by trading stocks, in fact, it's really not easy to have a mentality that's really not easy.
103068318OP YC Xiao: It's true that bank stocks did not go well this year, but I'm a retail investor and I usually pay little attention to the market and choose bull stocks, so I really need a bit of luck and mentality. If bank stocks are sluggish this year, I'm slowly accumulating that as long as you don't go bankrupt, it's better to collect interest every year than keep your money in banks
sTone83 103068318OP: Keep up this mindset, especially when you run into problems and difficulties
YC Xiao 103068318OP: I suggest buy ICBC, undervalued. I expect 30 to 50 % increase in two year's time. Besides, it pays good 6% dividend.
9919933 : where got lose. u get 9% div for icbc
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