US stock market gave a stunning " downhill slide "
When all damages were counted to most portfolio, nothing got spared, from BRK-B...it was freefall of 7% to 15%......in a day.....
YES counting losses is extremely painful and no one was spared....
Reasons are never important....
It IS what are you going to do about it....
Many things can be done....
Like complete reconfigure your portfolio to hopefully better ideas....
OR partial switching of your portfolio
OR leave everything AS IS
I am in the last camp....leave my portfolio alone...
I am expecting a " sharp oversold bounce "
Generally after few days, we normally TEST the LOWS AGAIN....
Why I am leaving my portfolio unchanged....
BECAUSE It was all chosen after careful due diligence and have much higher CONVICTION than some other bright ideas....
YES these slump happens every NORMAL year.....so nothing unusual about this sharp decline.....
SO...follow your OWN instinct & stick to IT....
Here is my last week :
Last week down 19.40%
YTD down 33.28%
Here is my portfolio weighting :
GOOG 16.97%
SHOP 13.63%
TSLA 10.43%
AAPL 9.50%
UBER 8.42%
NVDA 7.55%
SMCI 7.47%
MSFT 7.24%
HOOD 7.13%
AVGO 6.98%
MU 3.06%
SLVU 1.62%
BLOG does NOT give buy or sell.
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