After years mainly in Dividend Investing, the magnificent rise in growth stocks tell me there could be opportunity that I can learned from it. Some of this growth tocks have widely diversified market and moat. So is not exactly just Growth. A good example is Microsoft where their applications are widely available to PC users. They are basic productivity tools we can't do without.
Microsoft from Wiki
List of software : Windows, Office, Servers, Skype, Visual Studio, Dynamics, Xbox, Surface Mobile
Azure, Bing, LinkedIn, Yammer, MSDNa Office 3652, OneDrive, Outlook.com, GitHub, TechNet, Pay, Microsoft Store, Windows Update, Xbox Game Pass, Xbox Live
Microsoft Assets are stellar long term. https://www.macrotrends.net/stocks/charts/MSFT/microsoft/total-assets.
Microsoft just reported good result. I am not sure at current level is worth a buy. However long term they will be around. They aren't Tesla in term of growth but certainly a step up to me before Tesla.
Current USD is relatively weak. Which mean a good opportunity for currency conversion to invest new. However Tech Stock price is quite elevated and we could see correction upon entering the market.
My strategy will be get some first, say 20% of the amount I planned for this counter. If the stock moves much further up and the climb is not spike, I can average up another 20% and so forth. If the stock goes down, I will wait for sufficient time before averaging down another 20%. In that way I started something and build up the position accordingly. So is a 5 stepping methodology and we can varies as we deem fit.
Make sense ?
Articles in this Blog is personal take and educational purposes only. Reader should seek their own professional help when making financial decision and be responsible for their decision.