My Weekly Top 5 Funds (12/5/2024) - ATH and first time breaching $10,000 ROI figure…
I am delighted my strategy works and provide some alpha against the broader market.
What it means, is because I invest more during market weakness, I am able to reach ATH before the broader market reaches it previous peak. My previous ATH was on 31/3/2024 which was capture here > My Weekly Top 5 Funds (31/3/2024) - ATH since inception in October 2021.
I am still positive, markets will test their peak this year & even exceeded mildly, at least.
Initiation Date: October 2021
Strategy: Daily DCA $100/ day (exclude weekend), invest only in fund with proven annualized return of 5-6% pa, no commodities, gold, banks & properties, daily DCA on laggard first, then leaders and repeat the cycle, min: 23 funds, max: 30 funds.
Leader this week: US & technologies funds.
Loser this week: China funds.
Top 5 Biggest Winners:
Top 5 Biggest Losers
My Wishlist: MooMoo to provide margin for funds investment. Why not? Its safer than stocks.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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I’m a believer of long term investment.Discipline and consistent investment beats market timing.I hope I can show you..
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Moomoo Lily : Dear mooer, The advice has been forwarded to the related team. Thank you for your support！
SuperNoobPaPaOP Moomoo Lily: Thank you. Perhaps technically there could be challenge but imagine how much liquidity can be created if you provide margin to these unit trust investment, which technically has value, better diversified and guaranteed exit by the fund managers.
Think about it.
I Am 102927471 :
ZmjjkK : Great analysis! I hope you can maintain the update frequency.
SuperNoobPaPaOP ZmjjkK: Hi, not much of an analysis. Just sharing my DCA journey in funds & hope to encourage more to do passive investing.
Hence my profile description reads:
“I’m a believer of long term investment.Discipline and consistent investment beats market timing.I hope I can show you..”
Yumi Chan : Hi, do you cash out weekly?
SuperNoobPaPaOP Yumi Chan: Hi, I don’t cash out. I only invest, ie money in and not out. One way to eliminate the need to cash out is by investing excess cash only or amount that doesn’t affect my spending.
Yumi Chan SuperNoobPaPaOP: Thanks. So if the fund you invest is losing money, will you cash out and transfer to the fund that earning? May I know your return is based on how much capital u put in and for how long?
SuperNoobPaPaOP Yumi Chan: Hi,
Actually no. I don’t rotate funds regularly. The idea of DCA is continue to invest regardless making money or losing money. So to answer your question, no I didn’t rotate out of losing fund and transfer to fund that make money.
In fact, I’m more excited if the fund temporary losing money as I can buy cheaper and end up with more units.
SuperNoobPaPaOP Yumi Chan: I’ve started to do DCA since October 2021. Essentially I allocate $2300 to $2400 a month for investment.
If you calculate $2300 x 33 months, that is essentially my total investment in funds up to now.
I also invest directly in stocks but the return is not included in the return which I posted here. In another word, what I show is purely return from the funds alone.
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