Hi all, unlocking premium Nov 2020 articles for weekend reading. It was exciting times in the market as euphoria took over and with the drama of the U.S elections. Made over USD $100,000 of trades during this time, including buying up Palantir.
Looking back, I was right to have turned cautious and reduce the use of margin. Still caught like everyone else since I didn’t sell everything, but I’m in a fairly strong position now and have plenty of ammo left. While Palantir has fallen back to earth, I’m quite comfortable with holding on to it and have been adding to that position. It’s normal and expected to go through such volatility, and it boils down to your own conviction in the end.
If you would like to know my current portfolio and transactions, unlock more premium articles about managing wealth and retirement, and join the member channel, do consider joining for just $5 a month. Cancellation is easy and immediate, and I’ll provide a refund if you are dissatisfied in any way.
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Hope everyone is doing well in this tough environment and staying safe with family!