Life is a journey 生命是一场修行: drop

Sunday, July 4, 2021

Dear Readers,

Thank you for coming here!

So much bleeding happened during the 2nd half of the week that my portfolio is at the new low on paper, while the broad index continued to go up.

Says my portfolio selection is not that good.

Makes me miss more the lost opportunities…

But overall I feel ok. I have enough things to help me take my mind off the topic.

So I just “bury my head and pretend I do not know”, like an ostrich. (below seems to be the best fit pic on Unsplash.)

Here are my transactions for the last week, for your reference!

This is another speculative buy. I set the buying price in the lower range. And it got filled during the drop.

It continued to drop after the buy. Lets see.

This one only newly came to me. Seems ok so I built some initial position.

In the grand scheme of things, I am currently losing money for both counters.

They have performed well since we bought them, of course there were up and downs in the journey.

They were all at their new highs, at least for the recent period. So we decided to reduce our holdings in the mid of the week.

Apparently, we should have been more aggressive to reduce the impact of the drop during the 2nd half of the week.

Happy investing!

Till next time!

Sunday, March 7, 2021

Dear Readers,

Thank you for coming here!

My Gosh! The Market!

My profit has dropped from the peak of 60k SGD to the negative, since I adjusted my investment approach.

It feels like shit. But deep down, I know it is good. Otherwise, money would feel too easy and we know that is not the case.

It is good to be in reality with foot on the ground again.

I will hang on.

The market has not shown signs of recovery. So I will hold my war chest for now.

I tried a few times to add positions. However, the price I set was not reached.

No hurry!

Again, this is not the time to sell.

But if you are feeling so bad that your daily life, like your appetite, sleep or work is affected, then sell some of your positions.

Immediately after you sell some, you will be worried about the recovery of the market because it would make the selling decision a bad one.

This is nothing more than hedging your emotions. And it will make you feel better.

No matter whether it continues to drop or starts to recover, you can see the bright side for you.

Till next time!