Given that I commit to adding incrementally on the way down - I thought the natural question would be: So…how’d you do so far. This then is that.
Not sure whether I was ahead of the curve, adding to current positions - or just gambling on the market hitting/finding or searching for a bottom. This is the full list of what I added, added-to beginning in April along with the current results.
April 1:
Corz - Down (-9.88%)
HIMS - Down (-12.41%)
NVDA - Higher by +1.89%
April 3:
APP - Down by (-3.25%)
CRDO - Higher by 1.59%
INOD - Higher by +6.95%
NVDA - Higher by +7.15%
April 4:
ALAB - Higher by +15.79%
APP - Higher by +10.40%
CORZ - Down 3.02%
CRDO - Higher by +16.17%
INOD - Higher by +29.26%
NVDA - Higher by 16.74%
PLTR - Higher by +16.70%
TSLA - Higher by +3.25%
April 8:
Note: On This date I traded RDDT for AMZN and CRWD and a Player to be named later.
AMZN - Higher by +7.68%
CRWD - Higher by +16.28%
April 9:
Note: Added BSEM after reviewing posts on Saul’s.
BSEM - Higher by +62.39%
So - if I look at those results I can conclude a couple of things:
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In general, if you have funds to invest as the market tanks - and are seemingly judicious with a semblance of a rational and a plan when doing it - It appears to be rewarding over the longer term.
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In general, number one above is full of poo as there is no way to tell where the market might go from here: the adds that are higher could go much lower from here. So there’s that.
Whatever, my plan is to continue to add incrementally if we were to continue down: Still have a little over 15% cash left. Thereafter I plan to just hunker down and take my beating.
As for the Income port - Since the beginning of April I have added incrementally to about 40 or so positions.
All the Best,
Big Dumb Hick Investing