I wasn't planning on buying anything more this year, but I ended up buying a bit of REAL.TO today. I plan to do other purchases tomorrow maybe. Then I'll be done for the year.
I should've waited a bit more as it may continue to drop, but I want to hold it long so I'm ok with that.
Interesting. I bought near a local bottom but today they had great earnings report but dropped -15% right away.
What's interesting is that I watch how my portfolio of 17 stocks and 1 ETF (all TSX) is reacting to the current swings of the market during these times of high volatility. I'm trying to beat NASDAQ while having only TSX stocks (so far) and less tech exposure. I obviously don't think I'll beat NASDAQ long term, but who knows...
7 months later, I'm following NASDAQ quite well, but that's the beginner's luck because the market has been pretty bullish after the crash.
In the last couple of days, I'm on a strike beating NASDAQ every day. Now I have this REAL holding (mid-size in my portfolio) that dropped -15% but my portfolio is currently up +0.16% while NASDAQ is up +0.15%.
That's why I don't want to hold big indices or too many stocks, it's useless. Just pick enough in a pool of winners and even a sudden loser won't effect that much the overall portfolio.
Anyways, I plan to add some small ETF for global diversification like DXG holding only about 25 stocks diversified in every sector worldwide and performing awesomely. My style is stock-picking and ETF-picking. Other strategies aren't bad, they are just adapted to other investment styles which fits the personality of the investor.