No qualifying author-owned investment thesis was confirmed in this post.
no investment thesis
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Previously I had Google, Adobe, TSM, ASML, JPM and ARKK, but on 1 Feb, I sold TSM, ASML, JPM, ARKK and bought Amazon, DoorDash and Atlassian. All these three stock fell miserably just after my buying and are now down 15% to 25%. Currently I now hold, Google Amazon Adobe Doordash and Atlassian.
Could you please share your opinion on my current holdings? Am I holding good companies for long run? Should I keep holding or panic sell at current levels? And most importantly, is market over reacting with SaaSpocalypse? Because let’s be honest, it’s a never ending debate that AI will replace humans, AI will replace software, blah blah blah.
I’m 19M and looking for wealth creation and growth in fundamentally strong companies, but not speculation.
Thanks in advance.