Additional Cash Infusion: 0
Current Cash Hold: 19.3%
Profit Extracted: 0 - Loan fully returned
YTD Returns: -3.6%
What a horrible first quarter of the year!
I managed to liquidate some stock holdings at a profit to stem the bloodwash from another large holding. Those gains have helped to reduce the losses.
Now I am holding almost 20% of my portfolio in cash to wait for an opportunity.
I have to learn to be better at exiting when the stocks prices are high.
What is not reflected here: I have gotten a largish allocation for an IPO stock, which I bought using CPF. Now I am sitting on 12% profit on that. Since I still do not need my CPF money yet, i am monitoring it to see when I should exit.
