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My Portfolio Journey
It has been an incredible journey since the 5th of March. Feels just like yesterday. I started trading the stock market on this day when prices started to drop and the global pandemic was underway. Little did I know the plans Mr. Market had. It's funny how my first stock picks were Bank of America ($BAC) and Disney ($DIS). They were two companies I knew growing up and I just felt comfortable buying them at the time as I didn't know much about the stock market. The two positions got absolutely pummeled as the pandemic got worse. I hold no position again in both companies. It's been a wild ride. I've made so many mistakes and I've also learnt a lot. I'm happy I made these mistakes as they thought me very good lessons about risk tolerance, myself and my motivations. I'm currently up about 38% on the market which I think is very fantastic for a newbie. One key lesson I've learnt is to never trim my winners and add to my losers, because winners keep winning and losers just lose. I've seen this firsthand in my portfolio journey. I built my portfolio up to $23,750 by investing almost every week. I hope to journal my thoughts around stocks here as I think this is a fantastic platform. I can't link my account here here on commonstocks because my broker is not supported. I hope to do that soon as they add more brokers. I've also learnt so much from @austin, following him and the 7investing team. Wish me luck.
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