I purchased the HS Tech ETF@0.953 today...here's why.
#31

(06-01-2022, 10:41 AM)sgbuffett Wrote:  It has fallen 6% from where I bought.
I am not able to have a crystal ball to predict when China givt will do something that causes people to sell and k also do not know when they will stop their actions

So above is the risk of investing in these stocks.

One can try to guess/predict when is end of the bad news. We only know for sure when looking back at this period a few years  from now..


Maybe all the worst regulatory actions already out.

But the rapid fire of bad news...one thing i am sure the valuations are low and that is good enough for me.to buy.

Cheap may get cheaper and expensive may get more expensive...jn the near termJust like last year all the Cathie Woods stocks rose 1st 2 months of 2021 and people can make money but if you buy for long term you burn in pain....

I think for China Tech stocks it is reverse situatio Sentiment js very poor near term and we see weakness biu the picture further out will be different

I do agree valuation is cheap, it’s just tells us how many punters also see cheap valuation and buy but get stop out causing never ending falls.
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