Chinese investor here. Yes it's getting attractive now and I've been checking good targets.
Besides those tech companies, Chinese banks are extremely cheap now and some good quality ones (e.g. China Merchant Bank) are good candidates.
Also the alcohol companies like MouTai are attractive nowadays. All thanks to the pessimistic market sentiment.
In US market I'm hold Microsoft and Google. Yes they are pricy and I'm watching the market everyday, once the market's significantly declining, I'll be selling.
The bulk of my investments are in market ETF's. However I enjoy picking stocks and over the years have done decently. I keep quiet on Apple because I sold it in 2014. Yea, real smart. Well I bought in 2006. Did alright and you don't loose $$$ by taking profits. Just don't sell out your whole position.
Right now I am riding a little stock called Texas Pacific Land. A little stock that has been on the NYSE since the 19th century. They own a bunch of property in the Texas Delaware Basin and all they do is get royalty checks and cash them. Oh, and lease land and access for pipelines, drilling rigs and processing plants. Expanding into solar and water. I could tell you about getting into ARKK and riding it down to $48. And a few others over the years I have face planted on. Overall, my ETF's have carried the load and made it possible for me to retire via 401K plans.
Bought KWEB about 3 months ago!
Super insightful article. Especially the piece on psychology of profits and losses.
Chinese investor here. Yes it's getting attractive now and I've been checking good targets.
Besides those tech companies, Chinese banks are extremely cheap now and some good quality ones (e.g. China Merchant Bank) are good candidates.
Also the alcohol companies like MouTai are attractive nowadays. All thanks to the pessimistic market sentiment.
In US market I'm hold Microsoft and Google. Yes they are pricy and I'm watching the market everyday, once the market's significantly declining, I'll be selling.
The inefficiencies are even worse in small caps. The market is getting stupider, not smarter.
Nasdaq and chill 😎
Keep up financial content!!! Really like it.
The bulk of my investments are in market ETF's. However I enjoy picking stocks and over the years have done decently. I keep quiet on Apple because I sold it in 2014. Yea, real smart. Well I bought in 2006. Did alright and you don't loose $$$ by taking profits. Just don't sell out your whole position.
Right now I am riding a little stock called Texas Pacific Land. A little stock that has been on the NYSE since the 19th century. They own a bunch of property in the Texas Delaware Basin and all they do is get royalty checks and cash them. Oh, and lease land and access for pipelines, drilling rigs and processing plants. Expanding into solar and water. I could tell you about getting into ARKK and riding it down to $48. And a few others over the years I have face planted on. Overall, my ETF's have carried the load and made it possible for me to retire via 401K plans.