Introduction
It is my personal finance research. I learn that emotion is the biggest enemy of investment. I like to do a case study of S & P Index 500.
One month chart
Here is one month chart.
I purchased ETF and built my portfolio 3 month ago, S & P Index is around 2800. Last 30 days three times my profit went down less than $100 dollars except dividend.
Here is Key largo portfolio on Sept. 1, 2019.
Here is Victoria portfolio on Sept. 1, 2019.
My understanding is that I should not play like a day trader. But those fluctuations are so interesting for me to watch my portfolio. If I play with the market, then I may get addicted and affect my daily work and life.
August 5, 2019
Sept 2, 2019
Portfolio Key Largo profit is $554.13.
August 5, 2019
My Victoria portfolio profit $9.43
Sept. 2, 2019
My Victoria portfolio profit $683.53
Actionable Items
I like to learn how to invest long term. It is very hard to push myself invest all my 10 years savings in Canada into TFSA. So I should stay on the track on 3 year recession plan in worst case, I should target 10% return in 3 years, that is $4300 dollars profit.
If the market will not crash in 12 months, then I should get 10% return which is also $4300 dollars.
I may think about selling all my S & P index fund when S & P index is around 1900, and then purchase back when it is 1800. I can have 3 buy and sell in last one month.
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