Hi Friends, though we witnessed the largest drop in history of goog, fret not. Once again, it's a mag 7 rotation that I've been highlighting and using it to my advantage in my own thesis.
Every now and then, when 1 or 2, sometimes 3 out of the mag 7 stock starts to go through extremely depressed prices, it is time to start loading them in a preset price zone. 3 different buy prices. Try not to chase. Although personally, I always felt lump sum works out better if your thesis & conviction for buying a solid business is intact, company fundamentals didn't change.
That's how wealth compounds immensely. When solid business gets the worst treatment ever, when everyone gets dismayed by the stock, especially Mag 7 and $Palantir(PLTR)$ it is usually the best signal to add to position.
As we can see, money was flowing into Amzn and now, we can see Goog gaining as well. Now, is it a sure win? No. There is no guarantee wins in the stock market. You have to accept what the market gives, respect the market, and the market will compound your wealth way faster than you'd expect. Small wins? Do not underestimate your small wins. When they roll together, using the right weapon in your investment arsenal, such as options, you will notice a rapid rise. Am I advocating fast money? No. But I would say take advantage of bull markets.
Now here's a quick note. Please do not join the 300 strike price for $Alphabet(GOOG)$ for now at least, unless you want to get assignment. Otherwise, stay on the sidelines for now for options. Continue adding on both $GOOG & $PLTR, and honestly, $NVDA
Ignore the noise. Stay laser focused on your investment thesis, listen to opinions, filter what helps and what doesn't. May we all get handsomely rewarded!
Cheers!
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