Thanks to the quarantine season I somehow got interested in the stock market (mainly US stocks).
Starting from March 2020, when I started working full time from home, I began my stock journey with youtube.
The purpose: This blog post and following many more posts to come, are just for me to look back in the future when I'm a bit matured kimchi investor. Just like why I have other social media platforms to store my memories, because you can't permanently delete what's on Internet (although I do have fear of AI accidentally deleting my account).
Plus500
The purpose: Not so sure how I got this app but I do remember watching this Korean youtuber, 소수몽키's video about what apps he has for his share journey → and that somehow led me to download this app. As everyone says, you need to have some "seed money" saved up in order to start investing, I would be using this demo app (Plus 500) plus do a lot of research before I actually start putting money into the stock market.
Current holdings: CBA, Alphabet, Tesla as at 26 May 2020
Current orders: as you can see, there are 4 orders in another tab. I bought those back around 18 May when I purchased those other shares I own, however as a bargain hunter I called them too low and now, they are expected to be sitting there for a long time.
To be honest, I still don't know how to actually use this app lmao. Just kind of hoping for the best.
But some common sense things I picked up on the way was: you can set up the price you want to buy the shares at, and if you put order then it will acquire once the specified price is met. Also you can adjust how many shares you want to own.
Tesla (NASDAQ: TSLA)
Reasons to buy:
Tesla is the first share I got (and will actually buy), of course
I am a huge fan of Elon Musk
I want to get Tesla when I''m older
I believe in self-driving technology
Battery is more environmentally friendly than fuel
It's not like people are not buying Tesla, there is high demand for the product
Tesla is being produced in China
Reasons to not buy:
Elon says some outrageous things on Twitter (but I don't think this would matter if you're thinking of this as a long investment)
Alphabet (NASDAQ: GOOGL)
Reasons to buy:
I watch youtube and I love youtube
Everyone watches youtube
People are flooding into youtube to make money and I don't see any substitute platforms
Google is still the biggest search engine
Think Google is still a monopoly
Reasons to not buy
Pretty expensive tho
CBA (ASX)
Reasons to buy:
I have CBA account
A lot of Australians have CBA accounts
Immigrants who come to Australia generally first open CBA account
Pretty stable
Reasons not to buy:
There are many competitors in Australia (e.g. big 4 banks - ANZ, NAB, Westpac, and emerging banks)
Fintech is coming
People do switch banks
Disney (NYSE: DIS)
Reasons to buy:
I got inspired by Disney CFO
Everyone loves Disney movies
I want to got to Disneyland
A lot of people visit Disneyland
Disney has ESPN, and I didn't know sport channels make this much money
Reasons not to buy:
I don't have Disney+
Pretty risky bet - there's also Netflix and I watch Youtube mainly
I don't really watch sports
People can't go to Disneyland during pandemic
AT&T (NYSE: T)
Reasons to buy:
Great dividend yield
Top tier US telecommunication company
Owns Warner Bros
5G is coming
Reasons not to buy:
Not international - I don't live in US so don't know much about the market over there, and just need to rely on what's being said on Internet
Apple (NASDAQ: APPL)
Reasons to buy:
I have an iphone and it has the best camera (the iphone vibe tho)
I am typing this on a mac
Customer loyalty - so pretty stable
Reasons not to buy:
Don't think I am loyal to apple tho
S&P 500 ETF SHS NEW (VOO) - ETF
Reasons to buy:
ETF is a bit less riskier than buying individual stocks
US has the biggest stock market so wanted to go hard in on where the most fishes are
Reasons not to buy:
There are so many more ETFs so I kind of just picked this for shts and giggles
Comments