I recently stopped using Instagram, I deleted the app and only log in occasionally eg every 2 weeks just to see and look, I find myself progressively able to live without opening it as I used to open Instagram a few times everyday, looking at the perfect and fun life everyone posted. The only downside is that I don't get updates of my friend's life and so when we meet up, they will need to update me otherwise I wouldn't know what they have been up to.
I realised that deleting Instagram frees up quite a bit of my time. I still have Facebook, X and Reddit but I don't spend as much time on Reddit and Facebook, however I do find myself spending more time on X but not as excessive. With that, I do see a huge amount of post on gains in Micron, AMD and all the other stocks that have moonshot both in Reddit and X, in a sense, I do feel FOMO looking at them as they are all names that I have considered adding into my portfolio. Heck, I even held AMD before but I sold them at $190. What a disappointment!
With that being said, investing is really a game of emotions, QQQ has gone up quite a bit and is a proportion of my portfolio however if I were to compare that to Micron, AMD, EWY or other stocks that have went out then I would be upset. However, it is not bad growth, I have a friend who is heavily invested in semiconductor stocks and so the comparison makes me feel like my gains haven't been enough. I think buying the index is great and enough for me at the moment, I realised individual stocks do require an amount of research and conviction to hold it.
Comparison is the thief of joy and I very much believe in it. I think being so perpetually online makes the comparison intensify and it makes you not satisfied with what you have now. I am currently trying to reduce my social media usage and see how it all pans out. This is why I am now writing more as I find that putting my thoughts down or just having a platform to share things can help me fulfil my time in a more productive way and take my mind away from all the doomscrolling.
Will be doing a portfolio update soon, together with sharing my options (cash secured puts) strategy so far. Time flies and we are already in the month of June, the year is passing way too fast.
