r/investing
Despite Friday's pullback, I'm still +65.8% YTD
Author shares YTD portfolio returns driven by MU, GOOGL, and NVDA, advising to hold despite recent pullbacks while using 50% leverage.
- The portfolio has achieved a strong +65.8% YTD return.
- The author's proprietary model signals to keep holding despite recent market pullbacks.
- The market experienced a notable pullback on Friday, indicating short-term volatility.
- The use of 50% leverage significantly magnifies potential losses during market downturns.
MU, GOOGL and NVDA provided the bulk of the return this year. Despite the pull back on Friday, my model says keep holding.
I'm using 50% leverage, which may not be suitable for everyone. It makes good days great and bad days ugly.
If any bots want to come at me, show me your portfolio.
No shit. Tons of stocks are up like 200+% this year. A 10% pullback is nothing. I hope we get 30%+.
OP and his 50% leverage would get killed in a 30% pullback lol
Why not profit take to reduce leverage
Because that would take common sense.
I think there is still room to grow, which will reduce the leverage. MU revenue is forecast to grow 60% next year and it trades at an 8 P/E on next year's earnings.
Orly??
Pullback but never pullout. You got this.
So far 🤡, so far
The market was green for like 3 weeks straight, and one red day has everyone crying
Good for you homie, don’t believe the hype of the goldfish
I highly recommend you trim to take leverage off the table, then let the rest ride if you truly think they're still going higher from here.