devarsh ruparelia
devarsh ruparelia@thedevarsh · student

Week #6 - stick to creating an enduring portfolio that outlasts me

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@thedevarsh Stay strong bru!
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=> S&P 500 remained high for the last week and fell again today due to sell-off in tech & emerging markets. => Portfolio returns fell today a lot due to a high exposure of tech & emerging markets. => I invested in an emerging markets media company that is practically a venture capital firm & is trading at a huge discount due to geopolitical situation. Their revenue is independent of the country they are located in so I am not worried long term. Short-term wise this investment has become a detractor. => I still have a sizable cash position that I plan to build up for at least two weeks unless tariff situation changes the outlook. => United States market for the most part is still overvalued and stocks trading at a discount remain elusive. Maybe a new strategy is needed, who knows.