China gave up locking down. Outcome uncertain: Demand by Chinese shoot through the roof but China is also the world manufacturer. If you own AAPL, TSLA and RE, laugh to the bank.
Almost certain that Jun 16 is the bottom for growth stocks unless CPI print is unexpectedly high which could lead to Fed raising rate by 1% instead of 0.75% (88% probability).
Bitcoin which is a risk-on indicator appears to put up a double bottom. So risk-on!
Don’t think is unexpectedly high, 8.3% is within the expected range of 7.9%-8.3%. Some retail investors might have unrealistically think would be below 7.9% and traders take advantage of the sentiments.
After only 6 years, his portfolio annualized return of 28% is already underperforming AAPL annualized return of 31% over 25 years. Actively managed portfolio might beat buy and hold forever portfolio short term (up to a decade), can’t beat buy n hold for 20+ years.
Agree with the last phrase but most of the stocks in your portfolio have little track record and don’t know why they are considered as quality compounders.
Very dangerous thinking. Seem to be justifying what you are holding rather than objectively evaluate the current environment.
In dotcom bust, stock prices decline 90-99% (many went bust). Please don’t tell me fundamentals are different… is not exactly true… too lazy to put up a prose.
Buy & hold works for broad-based index like S&P, and rock solid business like AAPL AMZN MSFT e.g. over a 20 year period from Oct 10, 2002 to Oct 11, 2022,
Huh? Not everyone hold growth stocks. Growth stocks are unproven, so buy n hold is extremely risky.
Buy n hold (hopefully never sell) AAPL and S&P works very well. Return on effort for AAPL and S&P is near infinite compare to actively managed Puru’s portfolio, ARKK and GK.