As 2023 is likely a year of recovery, what's your favourite stock for 2023? I will start first - ADP. ADP is a payroll company that historically goes up based on the strength of US economy. It weathered through the interest rate increase reasonably well.

For the last week or two, the market tanked because of interest rate increases. But I still made 11% from this blue chip stock below. Most of the regular investors would lose money. My long term investing strategy would lose money. That's right. This is because there are 3 types of investing strategies in the world: 1. Directional 2. Market neutral 3. Event driven Direction is what most of us know. Buy and hold. Hoping the price goes up. But the problem is - prices don't go up all the time Event-driven is like M&A, and acquisitions. These opportunities are limited and usually can only be initiated by private equity funds. So that's out of the question. The last one is - market neutral. This is where hedge funds can exploit inefficiencies in the market by haing both long and short positions. That's what my monthly passive income strategy is (mostly Market Neutral Strategy). The benefit of market neutral strategy is that even if the market doesn't go up, you can still make money. Apple went down 8% in 36 days but I still make 11%. Here's my recent profitable exit: AAPL (Nov 10 - Dec 16: 36 days) Price movement: from $147 to $134 (-8%) if only using shares Advance monthly passive income gain: +11.60% If you want to learn more about monthly passive income investing, comment "MPI" below