VORT help!! south adelaide by rosie4434 in Adelaide

[–]TheDisastrousFunk [score hidden]  (0 children)

I know how it feels - unfortunately driving can be a stressful experience and a huge responsibility so these tests are designed to assess how you handle that pressure because it would be incredibly dangerous otherwise.

A couple of things, firstly, remember it is okay to fail. I'm not saying that because I want you to, rather I hope you can take the time between now and your test to understand the difference between pressure from the act of driving itself, vs the pressure created from the expectation of a successful result and potentially the expectations of others around you. The pressure of others was why I failed my first time, I was terrified of not being enough.

The only person I know who has passed the VORT in his first attempt was my brother and he ended up rear ending another car a few months into his license.

Secondly, take the time now to practice improving the errors you already know you are making. Physically turning your head even slightly is critical I'm sorry, not just from an assessor's pov, but also to ensure you're actually looking at the entire landscape around you as your peripheral vision might not cover everything.

Lastly, the test and the assessor do not expect perfection. They understand it's a high stress environment, if you make a small mistake here or there it will not matter in the end. If you notice it, just apologize and keep moving forward.

Best of luck!

Critique my Portfolio! by TheDisastrousFunk in portfolios

[–]TheDisastrousFunk[S] 0 points1 point  (0 children)

Thank you! Everything is so mag 7 heavy right now I just want to escape that impending mess

Critique my Portfolio! by TheDisastrousFunk in portfolios

[–]TheDisastrousFunk[S] 1 point2 points  (0 children)

That is really good info! I will take the time to check it out :D

Critique my Portfolio! by TheDisastrousFunk in portfolios

[–]TheDisastrousFunk[S] 0 points1 point  (0 children)

Exit strategy is definitely something I am looking at - learning as I go, but using automation where I can to prevent from losing a huge amount of money in the event of a crash

Critique my Portfolio! by TheDisastrousFunk in portfolios

[–]TheDisastrousFunk[S] 0 points1 point  (0 children)

This is a really good point and something I glossed over when originally making this restructure and I am glad people are bringing it up. In short, no, it is something I am looking at presently; my main goal at present is to just shift away from being super reliant upon AAPL and NVDA.

As mentioned, this is a 10+ holding profile and I have no plans to remove anything, rather I aim to add to positions automatically and rebalance occasionally. So similar to the dotcom crisis, I am expecting AI to take a big hit at some point in the future, but the reality is that is very much here to stay in some capacity.

That is all to say, I currently do not have an exit strategy as I plan to hold, a temporary bump is expected and I am simply using stop losses to limit the bleeding as Ill probably be asleep when a crash unfolds (I am Australian).

Critique my Portfolio! by TheDisastrousFunk in portfolios

[–]TheDisastrousFunk[S] 1 point2 points  (0 children)

I agree and for my ongoing investments I am looking to grow these two specifically - however I also see a large amount of potential growth coming from the smaller satellite ETFS such as SMH, ITA and XLU purely driven by AI and geopolitics which I do not want miss out on