Portfolio update October 2022
A further decline in October. Cheap stocks everywhere. Estimated reading time: 16 minutes
Disclaimer: This article constitutes the author’s personal views only and is for entertainment and educational purposes only. It is not to be construed as financial advice in any shape or form. Please do your own research and seek your own advice from a qualified financial advisor. From time to time, the author may hold positions in the below-mentioned stocks consistent with the views and opinions expressed in this article. I have positions in all of the below stocks at the time of publishing this article. This is a disclosure - not recommendations to buy or sell stocks.
The past month has been frustrating as well. Down another -0.8% month-on-month and now down -1.2% since inception in October 2021, all in US Dollar terms.
The US Dollar is showing signs of topping. But who knows? I’ll just continue doing what I think makes sense - to buy undervalued stocks with near-term catalysts.
The ideal stock is one that’s cheap and with no near-term challenges whatsoever. “Investi…