---
title: "May Summary"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41069184.md"
description: "Last time writing a monthly summary. Didn't expect the regulatory crackdown to come so swiftly. Cleared out all positions in gold ETFs and Microsoft to cash out on Tuesday's market open. This account made a small profit of $2,000 this year, all from the gains in gold ETFs. Made a few moves on Interactive Brokers: cleared out positions in Johnson & Johnson and SPYM, about 10% of the capital, and moved it all into SGOV. For individual stocks, significantly reduced the Microsoft position from 24% down to 6%. Currently hold 6 stocks totaling a 36% position. Continue to DCA into the Nasdaq index, buying on dips. Won't touch individual stocks anymore unless there are fundamental issues. After observing for a few months, found that the entire portfolio can outperform the S&P index, but underperforms the Nasdaq..."
datetime: "2026-05-23T14:14:46.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41069184.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41069184.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41069184.md)
author: "[李维阿克曼](https://longbridge.com/en/profiles/15717820.md)"
---

# 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.

### Related Stocks

- [SPYM.US](https://longbridge.com/en/quote/SPYM.US.md)
- [SGOV.US](https://longbridge.com/en/quote/SGOV.US.md)
- [600662.CN](https://longbridge.com/en/quote/600662.CN.md)
- [JNJ.US](https://longbridge.com/en/quote/JNJ.US.md)
- [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)
- [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md)
- [IBKR.US](https://longbridge.com/en/quote/IBKR.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)

## Comments (13)

- **憧憬未来 · 2026-05-23T22:51:50.000Z**: Now that Longbridge is under regulation, I can't buy or deposit funds, what should I do? I was still planning to invest regularly in the Nasdaq and S&P as a pension.
  - **李维阿克曼** (2026-05-23T23:06:23.000Z): There are also designated investments within the country, some with a daily limit of 200, you can go and learn more about it.
  - **憧憬未来** (2026-05-24T13:48:43.000Z): I have a regular investment plan on Alipay.
  - **憧憬未来** (2026-05-24T13:48:56.000Z): Daily limit of 100 yuan