Beginner's Notes on Learning US Stocks 84

Doing Subtraction

Originally wanted to wait for another shocking statement from the orange-haired guy today, hoping for a golden pit to be smashed out to collect chips, but waited until now with no movement, getting ready to sleep...

At market open, the Google limit order at 301.18 was filled, the NVDA limit order at 170.18 is still pending... Cleared out Apple and TSM positions in the Longbridge account. Currently only hold five stocks, over 80% position, the rest is reserved for NVDA and Google. There's still some chance to add, no rush, take it slow. Even if I can't add, it's not considered missing out. UNH is still the top position, which has also honed my patience.

Managed to bring the cost basis of ZIM and LLY in the IB account down to zero, holding very little now. LLY will most likely be held indefinitely, waiting for a stock split or a big drop to give me another chance to add, considering positions below 900. ZIM is waiting for privatization and delisting at 35, or just holding it to collect interest. This account mainly adds BRK.B, QQQ, and VOO, considering long-term balanced allocation. MU and PLTR are both positions I've finished buying, currently both profitable. The account is less than 60% invested, so no rush. If STX has chips below 380, I'll scoop some up too.

For AI, I'm most bullish on NVDA and GOOG. The remaining position in Longbridge is reserved for these two. Chips are reserved to add BRK.B, QQQ, and VOO to their predetermined allocations. For the remaining position, I'm optimistic about storage and AI application implementation. Already bought some MU for storage, also bullish on STX. For AI applications, I'm bullish on PLTR.

Among domestic funds, except for Hang Seng Tech, the others are doing okay profit-wise. Total investment in Hang Seng Tech is less than 10%, not really wanting to move it, just let it sit. The stock account does regular investments in gold, dividend, and healthcare ETFs. Stopped the gold DCA after it rose above 5000, never got a good entry opportunity; the dividend ETF has also risen nicely recently, doing monthly DCA, mainly considering the dividends; this healthcare ETF is currently at a loss, it's based on a classmate's research, just following along with a small monthly investment, the amount is small, no big deal.

Don't believe in luck, believe in math. Do the arithmetic well, know your potential profits and losses, then you won't be too embarrassed.

Don't gamble, do subtraction, only buy leading companies with good fundamentals, then short-term volatility won't be too scary.

Winning all the time is hard. What's important is to keep yourself in the game.

Took a look at the market, probably not much opportunity tonight, off to sleep~