I would like some feedback on my portfolio and investing strategy. I have been investing for nearly 7 months with Freetrade.
When i turned 18 i was very excited in starting my journey of investing in the stock market. I used to add money monthly to my portfolio but realised that dollar cost averaging isn’t the best strategy for a growth portfolio especially in small amounts. Therefore, i now add larger sums every 2/3 months to my portfolio. I used to own 20+ stocks but now have scaled down and focused on companies that will be able to give me a decent long term return.
I am slowly learning the stock fundamentals but right now I’ve invested in companies i think have great long term growth.
What are some of your thoughts? Anywhere you think I could improve on? Should I be adding other stocks like more ETFs, dividend stocks? When should I be adding more to my portfolio especially with a lot of stocks at such high prices right now?
Any advice and feedback would be appreciated.