Dear Readers,
Thank you for coming here!
Here is another update on the transactions.
Capital injection: ~31KSGD
1. RLX
The stock price halved on the day Chinese Government announced the tightened policy on e-cigarettes.
I thought the bottom had been reached, so I went pretty much all in, only to see the price drop by another 20%.
So this is still in the deep red zone.
I am prepared to hold this for 2–3 years or even longer. Lets see what happens.
Capital outflow: None
Again, this is not the time to sell.
And again, this is the time to learn to fear the markets and only go after the gains you understand.
Happy investing!
Till next time!
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