I have a very small portfolio, about 14k. Over the last few years I lost a very, very substantial amount of money as a % of my portfolio making stupid trades. Mostly trying to be too cute with long dated call options that went terribly in the wrong direction and expired worthless, credit spreads, chasing some WSB tickers. Basically trading like I'm in a literal casino.
The last 18 months or so I've mostly gotten back on the right track and have been building positions in the big names that have been traditionally good bets over a long horizon. Google, apple, Amazon, meta, tesla, Microsoft, Nvidia, visa, you get the idea. I recently started a new job and can comfortably put $1000 a month into the market to chase some growth while equally contributing to my savings.
Something nearly all of these companies have in common is that they are all hovering at or near 52 week highs and while I'm not entirely deterred by that it gives me some pause.
Personally my next thought is to build a bigger position in the s&p and nasdaq indices over the next few months since I'm currently concentrated in individual companies.
Beyond that I'm looking into different oil / ng etfs because I don't have any exposure there.
Just curious where other people stand with the run up on some of these more popular large caps and where you're currently looking to get exposure
[link] [comments] https://www.reddit.com/r/stocks/comments/14w1kpa/where_are_you_building_positions/
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