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Locking in gains and increasing cash holdings
By Finance Smiths  •  January 30, 2018
I sold out of my positions in Sembcorp Industries (SGX: U96), Nikko AM STI ETF (SGX: G3B), Phillip APAC REIT ETF (SGX: BYJ) and Nikko AM REIT ETF (SGX: CFA) today. Main reason was to lock in my gains from the recent bull run and increase my cash holdings. But I kept my monthly Dollar-Cost Averaging (DCA) amounts of S$1,300 in the STI and REIT ETFs. As well as the weekly funds transfers of S$300 into the robo-advisor accounts. Just in case we go on another bull run in 2018 and somehow end the year higher than where we are now. By reducing my monthly investment amount to S$2,500, I remain vested in the equity markets but no longer have a significant position in them. Especially when I am exiting the remaining individual stock positions every time they become profitable. There’s no particular motivating factor behind this move. I’m happy ......
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By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
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