Chapter – 63
I bought back a semiconductor investment trust on Friday.
But since the settlement date is the next day, the price will be Mondayās price.
Still, I sold it based on the reaction of the U.S. market the day before, so I should have managed to buy it back right near the bottom.
If it ends up being Mondayās price, Iād hate it because that would mean getting stuck buying at a high ā but if things go as written below, it means I repurchased it cheaply.
Itās probably going well.
A 2% difference is huge!
Watching YouTube makes me think NVIDIAās earnings will probably skyrocket after all.
Even so, from a long-term investment perspective, excessive buying makes it mentally hard to stay calm.
So for now, Iāve settled on about 2 million yen total as appropriate.
Right now? (lol)
Instead, I bought Indian stocks up to 1 million yen.
Since the yen is trending stronger, I think I can profit just from exchange gains alone.
I donāt know whether the correction phase will come in September or October, but I plan to keep 2 million yen in cash.
For a while, Iāll stick only to margin day trading.
Letās wait until next year, when the NISA allowance ā which allows proper investment trust accumulation ā resets.