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Technically TSM is a Taiwanese stock
I did add 1 share of BABA today. I keep my investment in Chinese stocks very small.
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In the Army we referred to Taiwan as "Free China". I don't want to look at my shares if the rhetoric gets worse. I am expecting trouble in HK or Taiwan someday. Let's hope that someday is a very long time from now.
It's probably OK to own BABA now, but I wouldn't go all in. For years now I've been hearing BABA is half price AMZN. Risk is always included in proper stock valuation. To me it's a crazy thought to think AMZN and BABA are anywhere close on the risk scale. I can find better opportunities soon enough. I don't know if anyone remembers but I accidentally bought 242 shares of BABA Christmas Eve when it got slammed. It kept dropping. I "calmly" went to town to finish my shopping. Came home, sold most of it, got scolded by Vanguard for "free riding" unsettled shares, and made $480.
I was nervous. I was down like $1200 in two minutes. Looked like it was going to zero.
Technically TSM is a Taiwanese stock
I did add 1 share of BABA today. I keep my investment in Chinese stocks very small.
[/quote]
In the Army we referred to Taiwan as "Free China". I don't want to look at my shares if the rhetoric gets worse. I am expecting trouble in HK or Taiwan someday. Let's hope that someday is a very long time from now.
It's probably OK to own BABA now, but I wouldn't go all in. For years now I've been hearing BABA is half price AMZN. Risk is always included in proper stock valuation. To me it's a crazy thought to think AMZN and BABA are anywhere close on the risk scale. I can find better opportunities soon enough. I don't know if anyone remembers but I accidentally bought 242 shares of BABA Christmas Eve when it got slammed. It kept dropping. I "calmly" went to town to finish my shopping. Came home, sold most of it, got scolded by Vanguard for "free riding" unsettled shares, and made $480.
I was nervous. I was down like $1200 in two minutes. Looked like it was going to zero.