Mindset on holding a share until I see 5 figures profits.
GAN TECK YOONG
So far this year, my current investment account has a return of 27.45% and has beaten the market (SPY)!
I am a self employed and always sitting infront of computer to write Programmable Logic Controller (PLC) program for warehouse automation systems. Have two sons, 8 years old and 6 years old. I had another separate uSmart account for their education fund when they reach 18 years old. Main Tiger account if for achieving my X in 5 years time, and so far it is progressing as planned. Currently monthly declaired income is RM8K, and would like to have enough passive income to take over my active income.
When project comes, I will be very busy to chase the deadline. If project slows down, then I will have plenty of free time to do other things that I like. Such as learning other useful skills, so that I can earn some passive income at the side.
I start to learn investing because I want to achieve financial independent and don’t need to worry about not having enough money.
To achieve this result, I heavily on certain high conviction stocks. For me AMZN and NVDA are my high conviction stocks. Previously I added over 40% on AMZN, and over 20% on NVDA. But both of them hit my secured profit mark, and I secured half of both shares now.
I am 23yrs away to retired, and my X amount is 100k Portfolio!