Thread by @SoulFairy3, It's a blood bath on US growth stocks. Every now and then [...]

It's a blood bath on US growth stocks. Every now and then someone will comment that they are going through A LOT and they feel alone. YOU ARE NOT ALONE

Yes, there are many jerks on Twitter and you can panic sell. That's your choice, but here's what Im doing

Unplanned thread

I have a reason I invested in my growth stocks. I wanted to see exponential growth yes, but I also believe in every single one of them and I did my research.

I have notes, calculations and weblinks for days. You can request any of the above from me. I will share for free.

I am NOT investing short-term. For each of my stocks I set a 5 year minimum. I studied economic projections of what the industries will look like in 2025-2030 from various sources. These have not changed. No industry expert came back the past week and said "no more electric cars"

I accepted that growth companies are not yet profitable. THIS IS HUGE!!! You need to accept this, so when the jerks tell you you are investing in unprofitable businesses you be like "That's the plan dude"

*I used "dude" coz you know who the duuuuudes are in SA

Now that we've worked on mindset, let's go practical.

Last night I spent about 2 hours watching YouTube videos and hanging in the Investor section of all my investee companies. I listed to investor presentations. Successful people who speak highly of their employers are magic

I am excited about Earnings Season every single quarter coz I love numbers and I believe they always tell a story. Now I have been blessed with a numerical brain and I know many of you hate numbers.

Twitter is a free space where people help selflessly.....

If you see an earnings report and you dont understand jack shit in there, I promise you if you say "Soul can you explain this" I will be like a kid in a candy store and give you an answer if I know.

If I dont know, off we go to Twitter or Google and we find the answer

When I started investing I started with safe companies like Disney, Sasol, JNJ, ETFs etc. I still own those and they are doing okay but I dont feel as passionately about them. They are just there.

Will I sell my growth stocks at lows after 1 year? YOU ARE INSANE!!

Dollar Cost Average

This is when everyone is telling you to BUY THE DIP

You basically buy a stock at a price lower than you previously bought it. You then bring your average cost down every time you BTD. It sucks to buy lower and it's not easy, but on rebound, profits faster

Every single time I buy, I do fresh research or I reinforce what I already know.

Contrary to popular belief...growth stock investors are NOT stupid. We dont throw money after dead dogs. We dust off our research and we go "Is there still an investment case here" That's smart

Those of you that invest in Ark and Miss Cathie will see that she buys and sells daily. Ark has active ETFs and they re-balance and do research daily. That's what they do.

Are they always going to be right...HELL NO! But bashing some1 that out-performed your ass year-on-year OK

Point of my story

1. You are not alone
2. Research is king
3. Conviction thru learning
4. Dont listen to dudes
5. Dollar cost average responsibly
6. Phone a friend
7. Time is your friend

Point 7.....

Also stop listening to old people with 5 years to live

You have time to make mistakes and to correct and learn. Be kind to yourself. Some lessons come through making mistakes

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