Recently, I have been re-balancing my portfolio. I remembered it was in early February 2015 when I looked back at my stock holdings and wondered what the heck am I doing???
I have over allocated into a few stocks namely Chip Eng Seng, Nam Cheong and Valuetronics, all of which, are rather risky. I have since spent these past few months scouring for better stock picks, and at the same time, divesting from these 3 stocks. I have yet to explain my reasons for Valuetronics ( Lighting sector getting overunned by PRC manufacturers), but I have given my reasons for divesting most of Nam Cheong and all of Chip Eng Seng.
Most of my new stock picks are from the US, not because I like to eat potato (jiak gentang), but because I find these US companies stronger, more scalable and more innovative than our SGX companies. Again, I ......