
Rate Of Return【Day 5】Buying the ETFs dips
#MyInvestmentDiary
Operation: Added more SPMO to balance out portfolio
Reason: While growth stocks have been taking a hit this year, the broader etfs like SPMO and VOO are only about 4% off from all-time highs. Investing into these etfs for the long term helps to mitigate individual stock risks while still managing a high single to mid double digit growth a year.
Insights: Market continues to pull back following Iran's threats on the Strait of Hormuz as oil prices spike. Dollar strengthens ahead of FED's meeting. Jerome Powell's speech will play a big part in where the market will be moving tonight. This feels like April 2025 all over again and hopefully having the courage to buy the dips can generate good returns in the near future.
@Bridge Buzz SG
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