May Summary

Writing the monthly summary for the last time. Didn't expect the regulatory crackdown to come so swiftly. Liquidated all the gold ETFs and Microsoft positions at Tuesday's market open to cash out. This account made a small profit of $2000 this year, all from the gains in gold ETFs.

Made a few trades on Interactive Brokers, liquidated Johnson & Johnson and SPYM positions accounting for about 10% of the capital, and moved it all into SGOV. For individual stocks, significantly reduced the Microsoft position from 24% to 6%. Now holding 6 stocks with a total position of 36%.

Continuing to DCA into the Nasdaq index, buying on dips. Won't touch individual stocks anymore unless there are fundamental issues.

Observed for a few months and found the entire portfolio can outperform the S&P 500 but underperforms the Nasdaq. Since I can't beat it, might as well join it (learning from Durant). Didn't expect to circle back to the core-satellite strategy after all this time.

Boringly making money is better than excitingly losing it. Work hard daily to earn money, read more books, and invest the money into index funds to wait for the power of compound interest over time. For those bros still playing with options and trading individual stocks in the market, take a piece of advice: DCA into broad-based index funds. Over the long term, you'll outperform the vast majority of people.

Finally, wishing everyone big profits in the stock market, a happy family, and achieving financial freedom early to enjoy retirement life.