I take the opportunity by selling into strength today. I continued to reduce my exposure to consumer discretionary and cyclical stocks to manage my portfolio downside risk.

Sold 1000 shares of Prada Spa @ HKD 28.15. For a holding period of 2 years 5 months, it gave me a CAGR of 5.43% including dividends. I really need to work on when to sell!

Sold 5800 shares of Chow Tai Fook @ HKD 7.02. For a holding period of 2 years 7 months, it gave me a CAGR of 23.23% including dividends. I like Chow Tai Fook as it rewarded its shareholders with pretty decent dividends.

Sold 4000 shares of CNOOC @ HKD 14.5. For a holding period of almost 3 years, it gave me a CAGR of 23.24% including dividends. CNOOC is a stock in the energy sector that I considered cyclical. I still …