Ferrying Sense & Dollars

Apologies, i know this is long overdue, I've promised I will explain why index will always go up, that was 2 months ago. I finally got around to do it. A lot of people (my wife included) has the common misconception that investing in the stock market is no difference than gambling. We hear plenty of horror stories where people wiped out their entire life savings in the stock market. They are not entirely wrong, and those stories are true. MOST retail investors lose money in the stock market. So why am I so convinced that, when DONE RIGHT, investing IS NOT gambling? Because I’ve learnt and seen the data, the statistics that goes back for decades to justify investing. As I have mentioned all over my previous posts-> Link , One of the easiest and ‘safest’ way to invest while enjoying a decent return of about 8% on average is to dollar cost average into index fund (ETF) for the long term (10 years-20 years) Huh, what is ETF?  Didn’t your read my previous post?  Fine go back he

Me now as I write this Continuing from  part 1 So did i exit at A, B or C? Those thoughts cross my mind definitely, But I ended up doing neither of those. Why? because of  THIS And Boy, am I glad I stuck to my teachings! As the retail investors started panicking, I started going on a shopping spree again, adding more positions into AMZN, FB, MA, and setup some bullish options play for long term. It helps alot being part of investing community with like minded people, they help to alert me of good bargain, and all of us went on shopping spree! Seems risky? It isn't! the fundamental of the companies doesn't change overnight just because the election is coming. If it is a good company before the election, chances are it will still be a good company after the election. You may argue about change in Govt policies etc. Maybe those will affect some companies, but definitely not overnight, and companies with wide moat will tend to survive anyway.  I know this sounds cliched and overuse

My Portfolio by end Oct 2020 Yup it happened again, just like September, my portfolio got slammed as the month come to a close. Of course this is due to the coming US election held on 2nd November. October 2020 Performance After the beatdown back in September, October started quite bullish with my portfolio constantly beating the index peaking at almost 10% return, then like everything in life, shit happens, the panic sell off started as we draw closer to US election date, pulling my portfolio down together and close at -6.51% 😱. Taking a closer look Value Stocks: -8.63% vs -2.77% (S&P500) Value stocks started pretty strongly as I try to claw back my losses in September by combining options play on the value stocks that I have, mostly calendar spreads on AAPL and MSFT. This proof reasonably effective as I am able to leverage my position and getting more returns and beating the index effortlessly. However, it all came crashing down on the last week of October. Remember I said Optio