@investor_from_nepal or they’ll continue to compress as interest rates rise— it’s pretty amazing how correlated growth stocks all are in the current environment 🙃
My daughter is actually beating me; time to teach her humility. She thinks it’s hilarious she’s outperforming me and the S & P since we started tracking portfolios. She underperformed by 3% in June but the portfolios have held up well. It’s a custodial portfolio I handed her recently. She’s just made the 2 additions this past month that are diversifying her portfolio from mine. ($AAPL & $SBUX, her two favorite brands).
Similar situation here, it has been a struggle so far this year. I have used the opportunity to dollar cost average down some big tech losses. Did enjoy the 10% bump to $LAC the day after buying some more and is still my largest position.