The market is down, and there seems to be no hint that it will turn green. It’s time like this when you can make more and more money. One hint I look at for market downturn is going to end soon is Mr. Buffett deploying his money and deploy he did. He bought more of $AAPL last quarter. So, what am I doing right now? What am I buying right now? Am, I selling anything right now? Let’s discuss:
Overview
📝 Current status
🎮 Unity
🥧 S&P 500
📝 Current status
The market is down, and there seems to be no hint that it will turn green. I am moving along the S&P 500 and losing a lot of money. I always planned my portfolio to have beta return, so I am quite happy with the downfall similar to S&P 500. Last month I am down 6.19%, last three months I am down 4.12%, and YTD I am down 7.82%. I am above $VOO beating them slightly.
In future as well, I would be more than happy to be returning beta returns with high dividend yield as I have right now.
🎮 Unity
Price is changing the precipitation of the stocks - especially the growth stocks like $U. Unless they inform us something significant in Q1 2022 Earnings Report, I stand with my thesis that it is the best suited to be leader in interactive content creation platform and has upside potential of 6x by 2030. So, I have been sticking to buying and lowering my cost basis for Unity. $U is now my second biggest individual holding right behind $AAPL. It is 7.7% of my total holdings and I have averaged down to 80s now. I have made more than 8 trades.
🥧 S&P 500
As I mentioned I am not too greedy with my returns, all I want in my life is generate beta returns with higher dividends. So, I have been adding more stocks that is closer to beta or is benchmark itself, $VOO. I have been trying to buy as much as possible and trying to dollar cost average $VOO. I have made 19 trades of $VOO in last month itself.
Unlike other stocks, I don’t have a cap to buying $VOO. I want to be using my dividends to buy more and more of $VOO.
Takeaways from this post:
I am buying $U and $VOO
I am going to continue buying them
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:)