Sunday, July 18, 2021

Burnt! My Market Transactions — Wk29 2021

 

Photo by Jp Valery on Unsplash

Dear Readers,

Thank you for coming here!


If you are in a ditch, do not worry and stay calm!

It will get worse!

That is exactly what is happening to my portfolio.

I am seriously burnt! 

Every time I thought the drop was nearing the bottom, I was shown the bottomless abyss!

I cannot look at it now…Oustrich time will continue!


Below is a summary of the transactions:

Photo by Xavi Cabrera on Unsplash

Capital injection: ~35KSGD

1.MU

Instructed by my wife. 

Apparently, this company will be able to mass product a certain type of “chips”.

2.China Southern Airlines

We used to have big profits on this stock. We chose to hold it instead of taking profits.

Now we are losing money.

We added positions. The pandemic wont last forever.

Photo by Rod Long on Unsplash

Capital outflow: None

It is so bloody that my total return of investment since the very beginning is negative now….

Lets see how much lower it can go.


Happy investing!

No comments:

Post a Comment