Saturday, 26 October 2013

Investment as at 26 Oct 2013

It has been more than two months since my last posting.

Well, there are quite a number of changes and I would like to update. Unfortunately, I have to unload some stocks before I went to Taipei for a short holiday trip. During that week, all of my stocks that I had closed went higher and I think I have missed out $5K profits if I had held on further till now.

Investment as at 26 Oct 2013

Recently, I have an investment strategy. I'm going to invest $25K and divide them into 5x $5K portions. Select 10 counters and then invest $5K each into 5 counters. Once a counter reaches a 10% profit or so, sell and move to another counter. Of course, I'm reserving another $25K for averaging if one or two counters drop by 20%. I'm evaluating this for one year and will update in this blog to see whether this works. If this works, then I will invest $50K then and put $10K into each counter.

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